🎢Pool/Deal Flow

The following is a small overview of how the AELIN process works. The AELIN process is based on 3 main stages:

  • POOL STAGE

  • DEAL STAGE

  • VESTING STAGE

  1. POOL STAGE

  2. A SPONSOR creates a AELIN POOL to raise funds to invest into a specific HOLDER by acquiring HOLDER TOKENS (aka Underlying Tokenised Assets)

  3. INVESTORS that wish to Join the POOL by purchasing POOL TOKENS until the PURCHASE WINDOW ends, receiving in return POOL SHARES

  4. DEAL STAGE

  5. Once the INVESTMENT WINDOW ends the SPONSOR negotiates a DEAL with the HOLDER, and must present & create the DEAL before the LOCKED DURATION ends

  6. With the DEAL created, the HOLDER then needs to Fund the Deal with the HOLDER TOKENS

  7. After the DEAL is funded by the HOLDER, INVESTORS must Accept or Reject the DEAL before the Pro Rata Redemption Ends, effectively converting their POOL TOKENS to DEAL TOKENS, which represent a claim on the HOLDER TOKENS

  8. If you are unhappy with the DEAL presented, you can Reject the DEAL, effectively withdrawing you POOL TOKENS

  9. If the HOLDER TOKENS CAP has not been fully redeemed, the Open Redemption Period starts, allowing INVESTORS that have remaining POOL TOKENS to covert them into DEAL TOKENS, until the HOLDER TOKENS CAP has been reached

  10. VESTING STAGE

  11. With both Redemption Periods ended, INVESTORS are now able to Vest their DEAL TOKENS for HOLDER TOKENS, subject to any vesting schedule set by the SPONSOR

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