New lending pools can be created by calling the function createMarket() on MarketRegistry.sol. Whenever new loans are created, they are always created within a lending pool (specified by marketId) and so they adopt the parameters of that pool such as paymentDefaultDuration and paymentCycleType.
/**
* @notice Creates a new market.
* @param _initialOwner Address who will initially own the market.
* @param _paymentCycleDuration Length of time in seconds before a bid's next payment is required to be made.
* @param _paymentDefaultDuration Length of time in seconds before a loan is considered in default for non-payment.
* @param _bidExpirationTime Length of time in seconds before pending bids expire.
* @param _requireLenderAttestation Boolean that indicates if lenders require attestation to join market.
* @param _requireBorrowerAttestation Boolean that indicates if borrowers require attestation to join market.
* @param _paymentType The payment type for loans in the market.
* @param _uri URI string to get metadata details about the market.
* @param _paymentCycleType The payment cycle type for loans in the market - Seconds or Monthly
* @return marketId_ The market ID of the newly created market.
*/
function createMarket(
address _initialOwner,
uint32 _paymentCycleDuration,
uint32 _paymentDefaultDuration,
uint32 _bidExpirationTime,
uint16 _feePercent,
bool _requireLenderAttestation,
bool _requireBorrowerAttestation,
PaymentType _paymentType,
PaymentCycleType _paymentCycleType,
string calldata _uri
) external returns (uint256 marketId_)
