# Creating New Lending Pool

In this example we will create a liquidity pool of DAI on ethereum chain and give a demo of adding and redeeming liquidity to the pool.&#x20;

Visit UniLend DApp on the <https://app.unilend.finance/> and connect your wallet and access the Ethereum chain. <br>

**1/ Select the token from the DApp** to access the token and their liquidity on UniLend.

![](/files/-MdwT2bPkl69yUwE66Fr)

**2/ Click on the manage icon** at the bottom of the token list and access more from coingecko or custom token address.

![](/files/-MdwTAN_jV3_QEyTeYJZ)

**3/ Enable the Coingecko list** to fetch access to more than 7000 tokens for permissionless listing.

![](/files/-MdwTGkulaE0Q2qss6Lo)

**4/ Look for DAI token** in the search list again and import it to start a new pool of DAI on UniLend

![](https://lh3.googleusercontent.com/ZPNnx3rtURhVt86rRklHAVwrbvMBzxBeI2i6WoW5FmkN3GZEMKf9BTqH1jNIMUbgXCUk6V9OQ5TgGMyLU7up2XL1aejVjXQp1-bQzYMW0bEpNXKw1db3n0D-3P7NyIgw-R8wImPs)

**5/ Or Import a token from a custom address** if the information of the token is unavailable to be discovered from Coingecko.&#x20;

In this example we have imported a custom token address *0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0* of MATIC token.

![](/files/-MdwXmu4duJEMCtZxIpK)

**6/ Create a lending pool** and add liquidity to start earning APY over the added liquidity.

![](/files/-MdwTXMHnGKe8bNyQJ8k)

**7/ Project and Community adds reward tokens** to the reward pools and distribute rewards for the contributions by the community in lending pools.

![](/files/-MdwTtvY2-HSN74wvwHK)


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