diff --git a/pallets/pool-system/src/lib.rs b/pallets/pool-system/src/lib.rs
index dca34da1cd..17fe6ff76b 100644
--- a/pallets/pool-system/src/lib.rs
+++ b/pallets/pool-system/src/lib.rs
@@ -521,7 +521,7 @@ pub mod pallet {
 		/// Pre-requirements for a TrancheUpdate are not met
 		/// for example: Tranche changed but not its metadata or vice versa
 		InvalidTrancheUpdate,
-		/// No metada for the given currency found
+		/// No metadata for the given currency found
 		MetadataForCurrencyNotFound,
 		/// The given tranche token name exceeds the length limit
 		TrancheTokenNameTooLong,
diff --git a/pallets/pool-system/src/pool_types.rs b/pallets/pool-system/src/pool_types.rs
index f5b800461d..99453d6344 100644
--- a/pallets/pool-system/src/pool_types.rs
+++ b/pallets/pool-system/src/pool_types.rs
@@ -119,6 +119,7 @@ pub struct PoolDetails<
 	Rate: FixedPointNumber<Inner = Balance>,
 	Balance: FixedPointOperand + sp_arithmetic::MultiplyRational,
 	MaxTranches: Get<u32>,
+	TrancheCurrency: Into<CurrencyId>,
 {
 	/// Currency that the pool is denominated in (immutable).
 	pub currency: CurrencyId,
@@ -197,6 +198,7 @@ pub struct PoolEssence<CurrencyId, Balance, TrancheCurrency, Rate, StringLimit>
 where
 	CurrencyId: Copy,
 	StringLimit: Get<u32>,
+	TrancheCurrency: Into<CurrencyId>,
 {
 	/// Currency that the pool is denominated in (immutable).
 	pub currency: CurrencyId,
@@ -235,6 +237,7 @@ impl<
 	Balance:
 		FixedPointOperand + BaseArithmetic + Unsigned + From<u64> + sp_arithmetic::MultiplyRational,
 	CurrencyId: Copy,
+	TrancheCurrency: Into<CurrencyId>,
 	EpochId: BaseArithmetic + Copy,
 	PoolId: Copy + Encode,
 	Rate: FixedPointNumber<Inner = Balance>,
@@ -273,9 +276,12 @@ impl<
 		let mut tranches: Vec<TrancheEssence<TrancheCurrency, Rate, StringLimit>> = Vec::new();
 
 		for tranche in self.tranches.residual_top_slice().iter() {
-			let metadata = AssetRegistry::metadata(&self.currency).ok_or(DispatchError::Other(
-				"Always exists a currency for an existing pool",
-			))?;
+			let metadata = AssetRegistry::metadata(
+				&<AssetRegistry as orml_traits::asset_registry::Inspect>::AssetId::from(
+					tranche.currency.into(),
+				),
+			)
+			.ok_or(DispatchError::CannotLookup)?;
 
 			tranches.push(TrancheEssence {
 				currency: tranche.currency,
diff --git a/pallets/pool-system/src/tests/mod.rs b/pallets/pool-system/src/tests/mod.rs
index 2b4e5daeca..b9bcb2d916 100644
--- a/pallets/pool-system/src/tests/mod.rs
+++ b/pallets/pool-system/src/tests/mod.rs
@@ -2436,6 +2436,68 @@ fn create_tranche_token_metadata() {
 	});
 }
 
+#[test]
+fn essence() {
+	new_test_ext().execute_with(|| {
+		let pool_owner = 1_u64;
+		let tranche_input = vec![
+			TrancheInput {
+				tranche_type: TrancheType::Residual,
+				seniority: None,
+				metadata: TrancheMetadata {
+					token_name: BoundedVec::try_from("ResName".as_bytes().to_owned())
+						.expect("String not out of bounds"),
+					token_symbol: BoundedVec::try_from("ResSym".as_bytes().to_owned())
+						.expect("String not out of bounds"),
+				},
+			},
+			TrancheInput {
+				tranche_type: TrancheType::NonResidual {
+					interest_rate_per_sec: Rate::one(),
+					min_risk_buffer: Perquintill::from_percent(10),
+				},
+				seniority: None,
+				metadata: TrancheMetadata {
+					token_name: BoundedVec::try_from("NonResName".as_bytes().to_owned())
+						.expect("String not out of bounds"),
+					token_symbol: BoundedVec::try_from("NRSym".as_bytes().to_owned())
+						.expect("String not out of bounds"),
+				},
+			},
+		];
+
+		assert_ok!(PoolSystem::create(
+			pool_owner.clone(),
+			pool_owner.clone(),
+			DEFAULT_POOL_ID,
+			tranche_input.clone(),
+			AUSD_CURRENCY_ID,
+			10_000 * CURRENCY,
+			vec![],
+		));
+
+		let pool_details = Pool::<Runtime>::get(DEFAULT_POOL_ID).expect("Pool is registered; qed");
+		let essence = pool_details
+			.essence::<<Runtime as Config>::AssetRegistry, Balance, StringLimit>()
+			.expect("Tranche token metadata is registered; qed");
+
+		assert_eq!(essence.currency, AUSD_CURRENCY_ID);
+		assert_eq!(essence.max_reserve, 10_000 * CURRENCY);
+		assert_eq!(essence.max_nav_age, pool_details.parameters.max_nav_age);
+		assert_eq!(
+			essence.min_epoch_time,
+			pool_details.parameters.min_epoch_time
+		);
+
+		tranche_input.iter().zip(essence.tranches.iter()).for_each(
+			|(tranche_input, tranche_essence)| {
+				assert_eq!(tranche_input.metadata, tranche_essence.metadata);
+				assert_eq!(tranche_input.tranche_type, tranche_essence.ty);
+			},
+		);
+	})
+}
+
 mod changes {
 	use cfg_traits::changes::ChangeGuard;
 	use sp_std::collections::btree_set::BTreeSet;