diff --git a/substrate/frame/asset-conversion/src/benchmarking.rs b/substrate/frame/asset-conversion/src/benchmarking.rs
index 54c634c0f1..87b541cd47 100644
--- a/substrate/frame/asset-conversion/src/benchmarking.rs
+++ b/substrate/frame/asset-conversion/src/benchmarking.rs
@@ -55,7 +55,9 @@ where
 {
 	let caller: T::AccountId = whitelisted_caller();
 	let caller_lookup = T::Lookup::unlookup(caller.clone());
-	if let Ok(asset_id) = T::MultiAssetIdConverter::try_convert(asset) {
+	if let MultiAssetIdConversionResult::Converted(asset_id) =
+		T::MultiAssetIdConverter::try_convert(asset)
+	{
 		T::Currency::set_balance(&caller, BalanceOf::<T>::max_value().div(1000u32.into()));
 		assert_ok!(T::Assets::create(asset_id.clone(), caller.clone(), true, 1.into()));
 		assert_ok!(T::Assets::mint_into(asset_id, &caller, INITIAL_ASSET_BALANCE.into()));
@@ -106,18 +108,23 @@ benchmarks! {
 
 	create_pool {
 		let asset1 = T::MultiAssetIdConverter::get_native();
-		let asset2 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(0_u32));
+		let asset2 = T::BenchmarkHelper::multiasset_id(0);
 		let (caller, _) = create_asset::<T>(&asset2);
 	}: _(SystemOrigin::Signed(caller.clone()), asset1.clone(), asset2.clone())
 	verify {
 		let lp_token = get_lp_token_id::<T>();
 		let pool_id = (asset1.clone(), asset2.clone());
-		assert_last_event::<T>(Event::PoolCreated { creator: caller.clone(), pool_id, lp_token }.into());
+		assert_last_event::<T>(Event::PoolCreated {
+			creator: caller.clone(),
+			pool_account: AssetConversion::<T>::get_pool_account(&pool_id),
+			pool_id,
+			lp_token,
+		}.into());
 	}
 
 	add_liquidity {
 		let asset1 = T::MultiAssetIdConverter::get_native();
-		let asset2 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(0));
+		let asset2 = T::BenchmarkHelper::multiasset_id(0);
 		let (lp_token, caller, _) = create_asset_and_pool::<T>(&asset1, &asset2);
 		let ed: u128 = T::Currency::minimum_balance().into();
 		let add_amount = 1000 + ed;
@@ -141,7 +148,7 @@ benchmarks! {
 
 	remove_liquidity {
 		let asset1 = T::MultiAssetIdConverter::get_native();
-		let asset2 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(0));
+		let asset2 = T::BenchmarkHelper::multiasset_id(0);
 		let (lp_token, caller, _) = create_asset_and_pool::<T>(&asset1, &asset2);
 		let ed: u128 = T::Currency::minimum_balance().into();
 		let add_amount = 100 * ed;
@@ -170,8 +177,8 @@ benchmarks! {
 
 	swap_exact_tokens_for_tokens {
 		let native = T::MultiAssetIdConverter::get_native();
-		let asset1 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(1));
-		let asset2 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(2));
+		let asset1 = T::BenchmarkHelper::multiasset_id(1);
+		let asset2 = T::BenchmarkHelper::multiasset_id(2);
 		let (_, caller, _) = create_asset_and_pool::<T>(&native, &asset1);
 		let (_, _) = create_asset::<T>(&asset2);
 		let ed: u128 = T::Currency::minimum_balance().into();
@@ -187,6 +194,87 @@ benchmarks! {
 			caller.clone(),
 		)?;
 
+		let path;
+		let swap_amount;
+		// if we only allow the native-asset pools, then the worst case scenario would be to swap
+		// asset1-native-asset2
+		if !T::AllowMultiAssetPools::get() {
+			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), native.clone(), asset2.clone())?;
+			AssetConversion::<T>::add_liquidity(
+				SystemOrigin::Signed(caller.clone()).into(),
+				native.clone(),
+				asset2.clone(),
+				(500 * ed).into(),
+				1000.into(),
+				0.into(),
+				0.into(),
+				caller.clone(),
+			)?;
+			path = vec![asset1.clone(), native.clone(), asset2.clone()];
+			swap_amount = 100.into();
+		} else {
+			let asset3 = T::BenchmarkHelper::multiasset_id(3);
+			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), asset1.clone(), asset2.clone())?;
+			let (_, _) = create_asset::<T>(&asset3);
+			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), asset2.clone(), asset3.clone())?;
+
+			AssetConversion::<T>::add_liquidity(
+				SystemOrigin::Signed(caller.clone()).into(),
+				asset1.clone(),
+				asset2.clone(),
+				200.into(),
+				2000.into(),
+				0.into(),
+				0.into(),
+				caller.clone(),
+			)?;
+			AssetConversion::<T>::add_liquidity(
+				SystemOrigin::Signed(caller.clone()).into(),
+				asset2.clone(),
+				asset3.clone(),
+				2000.into(),
+				2000.into(),
+				0.into(),
+				0.into(),
+				caller.clone(),
+			)?;
+			path = vec![native.clone(), asset1.clone(), asset2.clone(), asset3.clone()];
+			swap_amount = ed.into();
+		}
+
+		let path: BoundedVec<_, T::MaxSwapPathLength> = BoundedVec::try_from(path).unwrap();
+		let native_balance = T::Currency::balance(&caller);
+		let asset1_balance = T::Assets::balance(T::BenchmarkHelper::asset_id(1), &caller);
+	}: _(SystemOrigin::Signed(caller.clone()), path, swap_amount, 1.into(), caller.clone(), false)
+	verify {
+		if !T::AllowMultiAssetPools::get() {
+			let new_asset1_balance = T::Assets::balance(T::BenchmarkHelper::asset_id(1), &caller);
+			assert_eq!(new_asset1_balance, asset1_balance - 100.into());
+		} else {
+			let new_native_balance = T::Currency::balance(&caller);
+			assert_eq!(new_native_balance, native_balance - ed.into());
+		}
+	}
+
+	swap_tokens_for_exact_tokens {
+		let native = T::MultiAssetIdConverter::get_native();
+		let asset1 = T::BenchmarkHelper::multiasset_id(1);
+		let asset2 = T::BenchmarkHelper::multiasset_id(2);
+		let (_, caller, _) = create_asset_and_pool::<T>(&native, &asset1);
+		let (_, _) = create_asset::<T>(&asset2);
+		let ed: u128 = T::Currency::minimum_balance().into();
+
+		AssetConversion::<T>::add_liquidity(
+			SystemOrigin::Signed(caller.clone()).into(),
+			native.clone(),
+			asset1.clone(),
+			(1000 * ed).into(),
+			500.into(),
+			0.into(),
+			0.into(),
+			caller.clone(),
+		)?;
+
 		let path;
 		// if we only allow the native-asset pools, then the worst case scenario would be to swap
 		// asset1-native-asset2
@@ -204,8 +292,8 @@ benchmarks! {
 			)?;
 			path = vec![asset1.clone(), native.clone(), asset2.clone()];
 		} else {
-			let asset3 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(3));
 			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), asset1.clone(), asset2.clone())?;
+			let asset3 = T::BenchmarkHelper::multiasset_id(3);
 			let (_, _) = create_asset::<T>(&asset3);
 			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), asset2.clone(), asset3.clone())?;
 
@@ -213,86 +301,7 @@ benchmarks! {
 				SystemOrigin::Signed(caller.clone()).into(),
 				asset1.clone(),
 				asset2.clone(),
-				200.into(),
 				2000.into(),
-				0.into(),
-				0.into(),
-				caller.clone(),
-			)?;
-			AssetConversion::<T>::add_liquidity(
-				SystemOrigin::Signed(caller.clone()).into(),
-				asset2.clone(),
-				asset3.clone(),
-				2000.into(),
-				2000.into(),
-				0.into(),
-				0.into(),
-				caller.clone(),
-			)?;
-			path = vec![native.clone(), asset1.clone(), asset2.clone(), asset3.clone()];
-		}
-
-		let path: BoundedVec<_, T::MaxSwapPathLength> = BoundedVec::try_from(path).unwrap();
-		let native_balance = T::Currency::balance(&caller);
-		let asset1_balance = T::Assets::balance(T::BenchmarkHelper::asset_id(1), &caller);
-	}: _(SystemOrigin::Signed(caller.clone()), path, ed.into(), 1.into(), caller.clone(), false)
-	verify {
-		if !T::AllowMultiAssetPools::get() {
-			let new_asset1_balance = T::Assets::balance(T::BenchmarkHelper::asset_id(1), &caller);
-			assert_eq!(new_asset1_balance, asset1_balance - 100.into());
-		} else {
-			let new_native_balance = T::Currency::balance(&caller);
-			assert_eq!(new_native_balance, native_balance - ed.into());
-		}
-	}
-
-	swap_tokens_for_exact_tokens {
-		let native = T::MultiAssetIdConverter::get_native();
-		let asset1 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(1));
-		let asset2 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(2));
-		let (_, caller, _) = create_asset_and_pool::<T>(&native, &asset1);
-		let (_, _) = create_asset::<T>(&asset2);
-		let ed: u128 = T::Currency::minimum_balance().into();
-		let add_native = 1000 + ed;
-
-		AssetConversion::<T>::add_liquidity(
-			SystemOrigin::Signed(caller.clone()).into(),
-			native.clone(),
-			asset1.clone(),
-			add_native.into(),
-			200.into(),
-			0.into(),
-			0.into(),
-			caller.clone(),
-		)?;
-
-		let path;
-		// if we only allow the native-asset pools, then the worst case scenario would be to swap
-		// asset1-native-asset2
-		if !T::AllowMultiAssetPools::get() {
-			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), native.clone(), asset2.clone())?;
-			AssetConversion::<T>::add_liquidity(
-				SystemOrigin::Signed(caller.clone()).into(),
-				native.clone(),
-				asset2.clone(),
-				(500 + ed).into(),
-				1000.into(),
-				0.into(),
-				0.into(),
-				caller.clone(),
-			)?;
-			path = vec![asset1.clone(), native.clone(), asset2.clone()];
-		} else {
-			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), asset1.clone(), asset2.clone())?;
-			let asset3 = T::MultiAssetIdConverter::into_multiasset_id(&T::BenchmarkHelper::asset_id(3));
-			let (_, _) = create_asset::<T>(&asset3);
-			AssetConversion::<T>::create_pool(SystemOrigin::Signed(caller.clone()).into(), asset2.clone(), asset3.clone())?;
-
-			AssetConversion::<T>::add_liquidity(
-				SystemOrigin::Signed(caller.clone()).into(),
-				asset1.clone(),
-				asset2.clone(),
-				200.into(),
 				2000.into(),
 				0.into(),
 				0.into(),
@@ -314,7 +323,7 @@ benchmarks! {
 		let path: BoundedVec<_, T::MaxSwapPathLength> = BoundedVec::try_from(path).unwrap();
 		let asset2_balance = T::Assets::balance(T::BenchmarkHelper::asset_id(2), &caller);
 		let asset3_balance = T::Assets::balance(T::BenchmarkHelper::asset_id(3), &caller);
-	}: _(SystemOrigin::Signed(caller.clone()), path.clone(), 100.into(), add_native.into(), caller.clone(), false)
+	}: _(SystemOrigin::Signed(caller.clone()), path.clone(), 100.into(), (1000 * ed).into(), caller.clone(), false)
 	verify {
 		if !T::AllowMultiAssetPools::get() {
 			let new_asset2_balance = T::Assets::balance(T::BenchmarkHelper::asset_id(2), &caller);
diff --git a/substrate/frame/asset-conversion/src/lib.rs b/substrate/frame/asset-conversion/src/lib.rs
index 73f193c7ff..f442e7b7d0 100644
--- a/substrate/frame/asset-conversion/src/lib.rs
+++ b/substrate/frame/asset-conversion/src/lib.rs
@@ -143,9 +143,10 @@ pub mod pallet {
 		/// Identifier for the class of non-native asset.
 		/// Note: A `From<u32>` bound here would prevent `MultiLocation` from being used as an
 		/// `AssetId`.
-		type AssetId: AssetId + PartialOrd;
+		type AssetId: AssetId;
 
 		/// Type that identifies either the native currency or a token class from `Assets`.
+		/// `Ord` is added because of `get_pool_id`.
 		type MultiAssetId: AssetId + Ord + From<Self::AssetId>;
 
 		/// Type to convert an `AssetId` into `MultiAssetId`.
@@ -203,7 +204,7 @@ pub mod pallet {
 
 		/// The benchmarks need a way to create asset ids from u32s.
 		#[cfg(feature = "runtime-benchmarks")]
-		type BenchmarkHelper: BenchmarkHelper<Self::AssetId>;
+		type BenchmarkHelper: BenchmarkHelper<Self::AssetId, Self::MultiAssetId>;
 	}
 
 	/// Map from `PoolAssetId` to `PoolInfo`. This establishes whether a pool has been officially
@@ -228,6 +229,8 @@ pub mod pallet {
 			/// The pool id associated with the pool. Note that the order of the assets may not be
 			/// the same as the order specified in the create pool extrinsic.
 			pool_id: PoolIdOf<T>,
+			/// The account ID of the pool.
+			pool_account: T::AccountId,
 			/// The id of the liquidity tokens that will be minted when assets are added to this
 			/// pool.
 			lp_token: T::PoolAssetId,
@@ -302,6 +305,8 @@ pub mod pallet {
 	pub enum Error<T> {
 		/// Provided assets are equal.
 		EqualAssets,
+		/// Provided asset is not supported for pool.
+		UnsupportedAsset,
 		/// Pool already exists.
 		PoolExists,
 		/// Desired amount can't be zero.
@@ -384,15 +389,14 @@ pub mod pallet {
 			let sender = ensure_signed(origin)?;
 			ensure!(asset1 != asset2, Error::<T>::EqualAssets);
 
-			let pool_id = Self::get_pool_id(asset1.clone(), asset2.clone());
-			let (asset1, asset2) = pool_id.clone();
-
-			if !T::AllowMultiAssetPools::get() && !T::MultiAssetIdConverter::is_native(&asset1) {
+			// prepare pool_id
+			let pool_id = Self::get_pool_id(asset1, asset2);
+			ensure!(!Pools::<T>::contains_key(&pool_id), Error::<T>::PoolExists);
+			let (asset1, asset2) = &pool_id;
+			if !T::AllowMultiAssetPools::get() && !T::MultiAssetIdConverter::is_native(asset1) {
 				Err(Error::<T>::PoolMustContainNativeCurrency)?;
 			}
 
-			ensure!(!Pools::<T>::contains_key(&pool_id), Error::<T>::PoolExists);
-
 			let pool_account = Self::get_pool_account(&pool_id);
 			frame_system::Pallet::<T>::inc_providers(&pool_account);
 
@@ -404,15 +408,22 @@ pub mod pallet {
 				Preserve,
 			)?;
 
-			if let Ok(asset) = T::MultiAssetIdConverter::try_convert(&asset1) {
-				if !T::Assets::contains(&asset, &pool_account) {
-					T::Assets::touch(asset, pool_account.clone(), sender.clone())?;
-				}
+			// try to convert both assets
+			match T::MultiAssetIdConverter::try_convert(asset1) {
+				MultiAssetIdConversionResult::Converted(asset) =>
+					if !T::Assets::contains(&asset, &pool_account) {
+						T::Assets::touch(asset, pool_account.clone(), sender.clone())?
+					},
+				MultiAssetIdConversionResult::Unsupported(_) => Err(Error::<T>::UnsupportedAsset)?,
+				MultiAssetIdConversionResult::Native => (),
 			}
-			if let Ok(asset) = T::MultiAssetIdConverter::try_convert(&asset2) {
-				if !T::Assets::contains(&asset, &pool_account) {
-					T::Assets::touch(asset, pool_account.clone(), sender.clone())?;
-				}
+			match T::MultiAssetIdConverter::try_convert(asset2) {
+				MultiAssetIdConversionResult::Converted(asset) =>
+					if !T::Assets::contains(&asset, &pool_account) {
+						T::Assets::touch(asset, pool_account.clone(), sender.clone())?
+					},
+				MultiAssetIdConversionResult::Unsupported(_) => Err(Error::<T>::UnsupportedAsset)?,
+				MultiAssetIdConversionResult::Native => (),
 			}
 
 			let lp_token = NextPoolAssetId::<T>::get().unwrap_or(T::PoolAssetId::initial_value());
@@ -425,7 +436,12 @@ pub mod pallet {
 			let pool_info = PoolInfo { lp_token: lp_token.clone() };
 			Pools::<T>::insert(pool_id.clone(), pool_info);
 
-			Self::deposit_event(Event::PoolCreated { creator: sender, pool_id, lp_token });
+			Self::deposit_event(Event::PoolCreated {
+				creator: sender,
+				pool_id,
+				pool_account,
+				lp_token,
+			});
 
 			Ok(())
 		}
@@ -767,34 +783,35 @@ pub mod pallet {
 			amount: T::AssetBalance,
 			keep_alive: bool,
 		) -> Result<T::AssetBalance, DispatchError> {
-			Self::deposit_event(Event::Transfer {
-				from: from.clone(),
-				to: to.clone(),
-				asset: (*asset_id).clone(),
-				amount,
-			});
-			if T::MultiAssetIdConverter::is_native(asset_id) {
-				let preservation = match keep_alive {
-					true => Preserve,
-					false => Expendable,
-				};
-				let amount = Self::convert_asset_balance_to_native_balance(amount)?;
-				Ok(Self::convert_native_balance_to_asset_balance(T::Currency::transfer(
-					from,
-					to,
+			let result = match T::MultiAssetIdConverter::try_convert(asset_id) {
+				MultiAssetIdConversionResult::Converted(asset_id) =>
+					T::Assets::transfer(asset_id, from, to, amount, Expendable),
+				MultiAssetIdConversionResult::Native => {
+					let preservation = match keep_alive {
+						true => Preserve,
+						false => Expendable,
+					};
+					let amount = Self::convert_asset_balance_to_native_balance(amount)?;
+					Ok(Self::convert_native_balance_to_asset_balance(T::Currency::transfer(
+						from,
+						to,
+						amount,
+						preservation,
+					)?)?)
+				},
+				MultiAssetIdConversionResult::Unsupported(_) =>
+					Err(Error::<T>::UnsupportedAsset.into()),
+			};
+
+			if result.is_ok() {
+				Self::deposit_event(Event::Transfer {
+					from: from.clone(),
+					to: to.clone(),
+					asset: (*asset_id).clone(),
 					amount,
-					preservation,
-				)?)?)
-			} else {
-				T::Assets::transfer(
-					T::MultiAssetIdConverter::try_convert(&asset_id)
-						.map_err(|_| Error::<T>::Overflow)?,
-					from,
-					to,
-					amount,
-					Expendable,
-				)
+				});
 			}
+			result
 		}
 
 		/// Convert a `Balance` type to an `AssetBalance`.
@@ -898,28 +915,40 @@ pub mod pallet {
 			owner: &T::AccountId,
 			asset: &T::MultiAssetId,
 		) -> Result<T::AssetBalance, Error<T>> {
-			if T::MultiAssetIdConverter::is_native(asset) {
-				Self::convert_native_balance_to_asset_balance(
-					<<T as Config>::Currency>::reducible_balance(owner, Expendable, Polite),
-				)
-			} else {
-				Ok(<<T as Config>::Assets>::reducible_balance(
-					T::MultiAssetIdConverter::try_convert(asset)
-						.map_err(|_| Error::<T>::Overflow)?,
-					owner,
-					Expendable,
-					Polite,
-				))
+			match T::MultiAssetIdConverter::try_convert(asset) {
+				MultiAssetIdConversionResult::Converted(asset_id) => Ok(
+					<<T as Config>::Assets>::reducible_balance(asset_id, owner, Expendable, Polite),
+				),
+				MultiAssetIdConversionResult::Native =>
+					Self::convert_native_balance_to_asset_balance(
+						<<T as Config>::Currency>::reducible_balance(owner, Expendable, Polite),
+					),
+				MultiAssetIdConversionResult::Unsupported(_) =>
+					Err(Error::<T>::UnsupportedAsset.into()),
 			}
 		}
 
-		/// Returns a pool id constructed from 2 sorted assets.
-		/// Native asset should be lower than the other asset ids.
+		/// Returns a pool id constructed from 2 assets.
+		/// 1. Native asset should be lower than the other asset ids.
+		/// 2. Two native or two non-native assets are compared by their `Ord` implementation.
+		///
+		/// We expect deterministic order, so (asset1, asset2) or (asset2, asset1) returns the same
+		/// result.
 		pub fn get_pool_id(asset1: T::MultiAssetId, asset2: T::MultiAssetId) -> PoolIdOf<T> {
-			if asset1 <= asset2 {
-				(asset1, asset2)
-			} else {
-				(asset2, asset1)
+			match (
+				T::MultiAssetIdConverter::is_native(&asset1),
+				T::MultiAssetIdConverter::is_native(&asset2),
+			) {
+				(true, false) => return (asset1, asset2),
+				(false, true) => return (asset2, asset1),
+				_ => {
+					// else we want to be deterministic based on `Ord` implementation
+					if asset1 <= asset2 {
+						(asset1, asset2)
+					} else {
+						(asset2, asset1)
+					}
+				},
 			}
 		}
 
@@ -1161,7 +1190,9 @@ pub mod pallet {
 					()
 				);
 			} else {
-				let asset_id = T::MultiAssetIdConverter::try_convert(asset).map_err(|_| ())?;
+				let MultiAssetIdConversionResult::Converted(asset_id) = T::MultiAssetIdConverter::try_convert(asset) else {
+					return Err(())
+				};
 				let minimal = T::Assets::minimum_balance(asset_id);
 				ensure!(value >= minimal, ());
 			}
@@ -1179,7 +1210,8 @@ pub mod pallet {
 			for assets_pair in path.windows(2) {
 				if let [asset1, asset2] = assets_pair {
 					let pool_id = Self::get_pool_id(asset1.clone(), asset2.clone());
-					let new_element = pools.try_insert(pool_id).expect("can't get here");
+					let new_element =
+						pools.try_insert(pool_id).map_err(|_| Error::<T>::Overflow)?;
 					if !new_element {
 						return Err(Error::<T>::NonUniquePath.into())
 					}
diff --git a/substrate/frame/asset-conversion/src/mock.rs b/substrate/frame/asset-conversion/src/mock.rs
index 2b587161f1..7fe81b8140 100644
--- a/substrate/frame/asset-conversion/src/mock.rs
+++ b/substrate/frame/asset-conversion/src/mock.rs
@@ -34,6 +34,7 @@ use sp_runtime::{
 	traits::{AccountIdConversion, BlakeTwo256, IdentityLookup},
 	BuildStorage,
 };
+
 type Block = frame_system::mocking::MockBlock<Test>;
 
 construct_runtime!(
diff --git a/substrate/frame/asset-conversion/src/tests.rs b/substrate/frame/asset-conversion/src/tests.rs
index a4c02f365b..80faf5363b 100644
--- a/substrate/frame/asset-conversion/src/tests.rs
+++ b/substrate/frame/asset-conversion/src/tests.rs
@@ -66,13 +66,8 @@ fn pool_assets() -> Vec<u32> {
 
 fn create_tokens(owner: u128, tokens: Vec<NativeOrAssetId<u32>>) {
 	for token_id in tokens {
-		assert_ok!(Assets::force_create(
-			RuntimeOrigin::root(),
-			NativeOrAssetIdConverter::try_convert(&token_id).unwrap(),
-			owner,
-			false,
-			1
-		));
+		let MultiAssetIdConversionResult::Converted(asset_id) = NativeOrAssetIdConverter::try_convert(&token_id) else { unreachable!("invalid token") };
+		assert_ok!(Assets::force_create(RuntimeOrigin::root(), asset_id, owner, false, 1));
 	}
 }
 
@@ -157,7 +152,15 @@ fn can_create_pool() {
 		assert_eq!(balance(pool_account, NativeOrAssetId::Native), setup_fee);
 		assert_eq!(lp_token + 1, AssetConversion::get_next_pool_asset_id());
 
-		assert_eq!(events(), [Event::<Test>::PoolCreated { creator: user, pool_id, lp_token }]);
+		assert_eq!(
+			events(),
+			[Event::<Test>::PoolCreated {
+				creator: user,
+				pool_id,
+				pool_account: AssetConversion::get_pool_account(&pool_id),
+				lp_token
+			}]
+		);
 		assert_eq!(pools(), vec![pool_id]);
 		assert_eq!(assets(), vec![token_2]);
 		assert_eq!(pool_assets(), vec![lp_token]);
@@ -236,6 +239,7 @@ fn different_pools_should_have_different_lp_tokens() {
 			[Event::<Test>::PoolCreated {
 				creator: user,
 				pool_id: pool_id_1_2,
+				pool_account: AssetConversion::get_pool_account(&pool_id_1_2),
 				lp_token: lp_token2_1
 			}]
 		);
@@ -246,6 +250,7 @@ fn different_pools_should_have_different_lp_tokens() {
 			[Event::<Test>::PoolCreated {
 				creator: user,
 				pool_id: pool_id_1_3,
+				pool_account: AssetConversion::get_pool_account(&pool_id_1_3),
 				lp_token: lp_token3_1,
 			}]
 		);
diff --git a/substrate/frame/asset-conversion/src/types.rs b/substrate/frame/asset-conversion/src/types.rs
index 0612e363f0..7cd9743ff0 100644
--- a/substrate/frame/asset-conversion/src/types.rs
+++ b/substrate/frame/asset-conversion/src/types.rs
@@ -16,11 +16,10 @@
 // limitations under the License.
 
 use super::*;
-use core::marker::PhantomData;
-use sp_std::cmp::Ordering;
 
 use codec::{Decode, Encode, MaxEncodedLen};
 use scale_info::TypeInfo;
+use sp_std::{cmp::Ordering, marker::PhantomData};
 
 pub(super) type PoolIdOf<T> = (<T as Config>::MultiAssetId, <T as Config>::MultiAssetId);
 
@@ -40,96 +39,43 @@ pub trait MultiAssetIdConverter<MultiAssetId, AssetId> {
 	fn is_native(asset: &MultiAssetId) -> bool;
 
 	/// If it's not native, returns the AssetId for the given MultiAssetId.
-	fn try_convert(asset: &MultiAssetId) -> Result<AssetId, ()>;
+	fn try_convert(asset: &MultiAssetId) -> MultiAssetIdConversionResult<MultiAssetId, AssetId>;
+}
 
-	/// Wraps an AssetId as a MultiAssetId.
-	fn into_multiasset_id(asset: &AssetId) -> MultiAssetId;
+/// Result of `MultiAssetIdConverter::try_convert`.
+#[cfg_attr(feature = "std", derive(PartialEq, Debug))]
+pub enum MultiAssetIdConversionResult<MultiAssetId, AssetId> {
+	/// Input asset is successfully converted. Means that converted asset is supported.
+	Converted(AssetId),
+	/// Means that input asset is the chain's native asset, if it has one, so no conversion (see
+	/// `MultiAssetIdConverter::get_native`).
+	Native,
+	/// Means input asset is not supported for pool.
+	Unsupported(MultiAssetId),
 }
 
 /// Benchmark Helper
 #[cfg(feature = "runtime-benchmarks")]
-pub trait BenchmarkHelper<AssetId> {
-	/// Returns an asset id from a given integer.
+pub trait BenchmarkHelper<AssetId, MultiAssetId> {
+	/// Returns an `AssetId` from a given integer.
 	fn asset_id(asset_id: u32) -> AssetId;
+
+	/// Returns a `MultiAssetId` from a given integer.
+	fn multiasset_id(asset_id: u32) -> MultiAssetId;
 }
 
 #[cfg(feature = "runtime-benchmarks")]
-impl<AssetId> BenchmarkHelper<AssetId> for ()
+impl<AssetId, MultiAssetId> BenchmarkHelper<AssetId, MultiAssetId> for ()
 where
 	AssetId: From<u32>,
+	MultiAssetId: From<u32>,
 {
 	fn asset_id(asset_id: u32) -> AssetId {
 		asset_id.into()
 	}
-}
 
-/// An implementation of MultiAssetId that can be either Native or an asset.
-#[derive(Decode, Encode, Default, MaxEncodedLen, TypeInfo, Clone, Copy, Debug)]
-pub enum NativeOrAssetId<AssetId>
-where
-	AssetId: Ord,
-{
-	/// Native asset. For example, on statemint this would be dot.
-	#[default]
-	Native,
-	/// A non-native asset id.
-	Asset(AssetId),
-}
-
-impl<AssetId: Ord> From<AssetId> for NativeOrAssetId<AssetId> {
-	fn from(asset: AssetId) -> Self {
-		Self::Asset(asset)
-	}
-}
-
-impl<AssetId: Ord> Ord for NativeOrAssetId<AssetId> {
-	fn cmp(&self, other: &Self) -> Ordering {
-		match (self, other) {
-			(Self::Native, Self::Native) => Ordering::Equal,
-			(Self::Native, Self::Asset(_)) => Ordering::Less,
-			(Self::Asset(_), Self::Native) => Ordering::Greater,
-			(Self::Asset(id1), Self::Asset(id2)) => <AssetId as Ord>::cmp(id1, id2),
-		}
-	}
-}
-impl<AssetId: Ord> PartialOrd for NativeOrAssetId<AssetId> {
-	fn partial_cmp(&self, other: &Self) -> Option<Ordering> {
-		Some(<Self as Ord>::cmp(self, other))
-	}
-}
-impl<AssetId: Ord> PartialEq for NativeOrAssetId<AssetId> {
-	fn eq(&self, other: &Self) -> bool {
-		self.cmp(other) == Ordering::Equal
-	}
-}
-impl<AssetId: Ord> Eq for NativeOrAssetId<AssetId> {}
-
-/// Converts between a MultiAssetId and an AssetId
-/// (or the native currency).
-pub struct NativeOrAssetIdConverter<AssetId> {
-	_phantom: PhantomData<AssetId>,
-}
-
-impl<AssetId: Ord + Clone> MultiAssetIdConverter<NativeOrAssetId<AssetId>, AssetId>
-	for NativeOrAssetIdConverter<AssetId>
-{
-	fn get_native() -> NativeOrAssetId<AssetId> {
-		NativeOrAssetId::Native
-	}
-
-	fn is_native(asset: &NativeOrAssetId<AssetId>) -> bool {
-		*asset == Self::get_native()
-	}
-
-	fn try_convert(asset: &NativeOrAssetId<AssetId>) -> Result<AssetId, ()> {
-		match asset {
-			NativeOrAssetId::Asset(asset) => Ok(asset.clone()),
-			NativeOrAssetId::Native => Err(()),
-		}
-	}
-
-	fn into_multiasset_id(asset: &AssetId) -> NativeOrAssetId<AssetId> {
-		NativeOrAssetId::Asset((*asset).clone())
+	fn multiasset_id(asset_id: u32) -> MultiAssetId {
+		asset_id.into()
 	}
 }
 
@@ -169,3 +115,70 @@ pub trait Swap<AccountId, Balance, MultiAssetId> {
 		keep_alive: bool,
 	) -> Result<Balance, DispatchError>;
 }
+
+/// An implementation of MultiAssetId that can be either Native or an asset.
+#[derive(Decode, Encode, Default, MaxEncodedLen, TypeInfo, Clone, Copy, Debug)]
+pub enum NativeOrAssetId<AssetId>
+where
+	AssetId: Ord,
+{
+	/// Native asset. For example, on the Polkadot Asset Hub this would be DOT.
+	#[default]
+	Native,
+	/// A non-native asset id.
+	Asset(AssetId),
+}
+
+impl<AssetId: Ord> From<AssetId> for NativeOrAssetId<AssetId> {
+	fn from(asset: AssetId) -> Self {
+		Self::Asset(asset)
+	}
+}
+
+impl<AssetId: Ord> Ord for NativeOrAssetId<AssetId> {
+	fn cmp(&self, other: &Self) -> Ordering {
+		match (self, other) {
+			(Self::Native, Self::Native) => Ordering::Equal,
+			(Self::Native, Self::Asset(_)) => Ordering::Less,
+			(Self::Asset(_), Self::Native) => Ordering::Greater,
+			(Self::Asset(id1), Self::Asset(id2)) => <AssetId as Ord>::cmp(id1, id2),
+		}
+	}
+}
+impl<AssetId: Ord> PartialOrd for NativeOrAssetId<AssetId> {
+	fn partial_cmp(&self, other: &Self) -> Option<Ordering> {
+		Some(<Self as Ord>::cmp(self, other))
+	}
+}
+impl<AssetId: Ord> PartialEq for NativeOrAssetId<AssetId> {
+	fn eq(&self, other: &Self) -> bool {
+		self.cmp(other) == Ordering::Equal
+	}
+}
+impl<AssetId: Ord> Eq for NativeOrAssetId<AssetId> {}
+
+/// Converts between a MultiAssetId and an AssetId (or the native currency).
+pub struct NativeOrAssetIdConverter<AssetId> {
+	_phantom: PhantomData<AssetId>,
+}
+
+impl<AssetId: Ord + Clone> MultiAssetIdConverter<NativeOrAssetId<AssetId>, AssetId>
+	for NativeOrAssetIdConverter<AssetId>
+{
+	fn get_native() -> NativeOrAssetId<AssetId> {
+		NativeOrAssetId::Native
+	}
+
+	fn is_native(asset: &NativeOrAssetId<AssetId>) -> bool {
+		*asset == Self::get_native()
+	}
+
+	fn try_convert(
+		asset: &NativeOrAssetId<AssetId>,
+	) -> MultiAssetIdConversionResult<NativeOrAssetId<AssetId>, AssetId> {
+		match asset {
+			NativeOrAssetId::Asset(asset) => MultiAssetIdConversionResult::Converted(asset.clone()),
+			NativeOrAssetId::Native => MultiAssetIdConversionResult::Native,
+		}
+	}
+}
diff --git a/substrate/frame/asset-conversion/src/weights.rs b/substrate/frame/asset-conversion/src/weights.rs
index 6820050762..550878ba0b 100644
--- a/substrate/frame/asset-conversion/src/weights.rs
+++ b/substrate/frame/asset-conversion/src/weights.rs
@@ -18,7 +18,7 @@
 //! Autogenerated weights for pallet_asset_conversion
 //!
 //! THIS FILE WAS AUTO-GENERATED USING THE SUBSTRATE BENCHMARK CLI VERSION 4.0.0-dev
-//! DATE: 2023-07-17, STEPS: `50`, REPEAT: `20`, LOW RANGE: `[]`, HIGH RANGE: `[]`
+//! DATE: 2023-07-18, STEPS: `50`, REPEAT: `20`, LOW RANGE: `[]`, HIGH RANGE: `[]`
 //! WORST CASE MAP SIZE: `1000000`
 //! HOSTNAME: `runner-gghbxkbs-project-145-concurrent-0`, CPU: `Intel(R) Xeon(R) CPU @ 2.60GHz`
 //! EXECUTION: ``, WASM-EXECUTION: `Compiled`, CHAIN: `Some("dev")`, DB CACHE: `1024`
@@ -77,8 +77,8 @@ impl<T: frame_system::Config> WeightInfo for SubstrateWeight<T> {
 		// Proof Size summary in bytes:
 		//  Measured:  `729`
 		//  Estimated: `6196`
-		// Minimum execution time: 131_549_000 picoseconds.
-		Weight::from_parts(134_287_000, 6196)
+		// Minimum execution time: 131_688_000 picoseconds.
+		Weight::from_parts(134_092_000, 6196)
 			.saturating_add(T::DbWeight::get().reads(8_u64))
 			.saturating_add(T::DbWeight::get().writes(8_u64))
 	}
@@ -98,8 +98,8 @@ impl<T: frame_system::Config> WeightInfo for SubstrateWeight<T> {
 		// Proof Size summary in bytes:
 		//  Measured:  `1382`
 		//  Estimated: `6208`
-		// Minimum execution time: 156_395_000 picoseconds.
-		Weight::from_parts(157_952_000, 6208)
+		// Minimum execution time: 157_310_000 picoseconds.
+		Weight::from_parts(161_547_000, 6208)
 			.saturating_add(T::DbWeight::get().reads(8_u64))
 			.saturating_add(T::DbWeight::get().writes(7_u64))
 	}
@@ -119,8 +119,8 @@ impl<T: frame_system::Config> WeightInfo for SubstrateWeight<T> {
 		// Proof Size summary in bytes:
 		//  Measured:  `1371`
 		//  Estimated: `6208`
-		// Minimum execution time: 140_295_000 picoseconds.
-		Weight::from_parts(143_452_000, 6208)
+		// Minimum execution time: 142_769_000 picoseconds.
+		Weight::from_parts(145_139_000, 6208)
 			.saturating_add(T::DbWeight::get().reads(7_u64))
 			.saturating_add(T::DbWeight::get().writes(6_u64))
 	}
@@ -134,8 +134,8 @@ impl<T: frame_system::Config> WeightInfo for SubstrateWeight<T> {
 		// Proof Size summary in bytes:
 		//  Measured:  `1738`
 		//  Estimated: `16644`
-		// Minimum execution time: 214_657_000 picoseconds.
-		Weight::from_parts(217_657_000, 16644)
+		// Minimum execution time: 213_186_000 picoseconds.
+		Weight::from_parts(217_471_000, 16644)
 			.saturating_add(T::DbWeight::get().reads(10_u64))
 			.saturating_add(T::DbWeight::get().writes(10_u64))
 	}
@@ -149,8 +149,8 @@ impl<T: frame_system::Config> WeightInfo for SubstrateWeight<T> {
 		// Proof Size summary in bytes:
 		//  Measured:  `1738`
 		//  Estimated: `16644`
-		// Minimum execution time: 215_319_000 picoseconds.
-		Weight::from_parts(218_299_000, 16644)
+		// Minimum execution time: 213_793_000 picoseconds.
+		Weight::from_parts(218_584_000, 16644)
 			.saturating_add(T::DbWeight::get().reads(10_u64))
 			.saturating_add(T::DbWeight::get().writes(10_u64))
 	}
@@ -176,8 +176,8 @@ impl WeightInfo for () {
 		// Proof Size summary in bytes:
 		//  Measured:  `729`
 		//  Estimated: `6196`
-		// Minimum execution time: 131_549_000 picoseconds.
-		Weight::from_parts(134_287_000, 6196)
+		// Minimum execution time: 131_688_000 picoseconds.
+		Weight::from_parts(134_092_000, 6196)
 			.saturating_add(RocksDbWeight::get().reads(8_u64))
 			.saturating_add(RocksDbWeight::get().writes(8_u64))
 	}
@@ -197,8 +197,8 @@ impl WeightInfo for () {
 		// Proof Size summary in bytes:
 		//  Measured:  `1382`
 		//  Estimated: `6208`
-		// Minimum execution time: 156_395_000 picoseconds.
-		Weight::from_parts(157_952_000, 6208)
+		// Minimum execution time: 157_310_000 picoseconds.
+		Weight::from_parts(161_547_000, 6208)
 			.saturating_add(RocksDbWeight::get().reads(8_u64))
 			.saturating_add(RocksDbWeight::get().writes(7_u64))
 	}
@@ -218,8 +218,8 @@ impl WeightInfo for () {
 		// Proof Size summary in bytes:
 		//  Measured:  `1371`
 		//  Estimated: `6208`
-		// Minimum execution time: 140_295_000 picoseconds.
-		Weight::from_parts(143_452_000, 6208)
+		// Minimum execution time: 142_769_000 picoseconds.
+		Weight::from_parts(145_139_000, 6208)
 			.saturating_add(RocksDbWeight::get().reads(7_u64))
 			.saturating_add(RocksDbWeight::get().writes(6_u64))
 	}
@@ -233,8 +233,8 @@ impl WeightInfo for () {
 		// Proof Size summary in bytes:
 		//  Measured:  `1738`
 		//  Estimated: `16644`
-		// Minimum execution time: 214_657_000 picoseconds.
-		Weight::from_parts(217_657_000, 16644)
+		// Minimum execution time: 213_186_000 picoseconds.
+		Weight::from_parts(217_471_000, 16644)
 			.saturating_add(RocksDbWeight::get().reads(10_u64))
 			.saturating_add(RocksDbWeight::get().writes(10_u64))
 	}
@@ -248,8 +248,8 @@ impl WeightInfo for () {
 		// Proof Size summary in bytes:
 		//  Measured:  `1738`
 		//  Estimated: `16644`
-		// Minimum execution time: 215_319_000 picoseconds.
-		Weight::from_parts(218_299_000, 16644)
+		// Minimum execution time: 213_793_000 picoseconds.
+		Weight::from_parts(218_584_000, 16644)
 			.saturating_add(RocksDbWeight::get().reads(10_u64))
 			.saturating_add(RocksDbWeight::get().writes(10_u64))
 	}
diff --git a/substrate/frame/assets/src/impl_fungibles.rs b/substrate/frame/assets/src/impl_fungibles.rs
index a7df3d154c..123abeba82 100644
--- a/substrate/frame/assets/src/impl_fungibles.rs
+++ b/substrate/frame/assets/src/impl_fungibles.rs
@@ -257,6 +257,7 @@ impl<T: Config<I>, I: 'static> fungibles::approvals::Inspect<<T as SystemConfig>
 impl<T: Config<I>, I: 'static> fungibles::approvals::Mutate<<T as SystemConfig>::AccountId>
 	for Pallet<T, I>
 {
+	// Approve spending tokens from a given account
 	fn approve(
 		asset: T::AssetId,
 		owner: &<T as SystemConfig>::AccountId,
@@ -266,7 +267,6 @@ impl<T: Config<I>, I: 'static> fungibles::approvals::Mutate<<T as SystemConfig>:
 		Self::do_approve_transfer(asset, owner, delegate, amount)
 	}
 
-	// Aprove spending tokens from a given account
 	fn transfer_from(
 		asset: T::AssetId,
 		owner: &<T as SystemConfig>::AccountId,
diff --git a/substrate/frame/support/src/traits/tokens/fungibles/regular.rs b/substrate/frame/support/src/traits/tokens/fungibles/regular.rs
index 5570659e81..e17dfed0f3 100644
--- a/substrate/frame/support/src/traits/tokens/fungibles/regular.rs
+++ b/substrate/frame/support/src/traits/tokens/fungibles/regular.rs
@@ -62,7 +62,8 @@ pub trait Inspect<AccountId>: Sized {
 	/// The minimum balance any single account may have.
 	fn minimum_balance(asset: Self::AssetId) -> Self::Balance;
 
-	/// Get the total amount of funds whose ultimate bneficial ownership can be determined as `who`.
+	/// Get the total amount of funds whose ultimate beneficial ownership can be determined as
+	/// `who`.
 	///
 	/// This may include funds which are wholly inaccessible to `who`, either temporarily or even
 	/// indefinitely.