Adding Liquidity (Creating a Position)
Last updated
Last updated
After selecting a pool from the Concentrated Pools list you'll be able to view the Pool Page for opening new positions.
In this page you'll be able to select the amount of liquidity you want to deposit into the pool, denominated in both coins and based on the "Deposit Ratio" shown at the bottom of the "Add Liquidity" button. So for example, if a user wanted to deposit 100 SUI priced at 333.9 USDC and with a deposit ratio of 46.42%/53.58% (First value for SUI and second for USDC as the pool is SUI-USDC), then he would have to deposit 385.4 USDC in that position (53.58/46.42*333.9).
The Deposit Ratio will also change depending on the Price Range selected. Users can adjust this range in the "Set Price Range" modal, either manually dragging the minimum and maximum prices of the range or selecting one of the pre-defined percentages at the bottom (which will be applied equally to the upper and lower price bands). As long as the price remains in the selected range the user will be accruing fees and rewards, and the more liquidity deposited into the range the higher the fees/rewards he will be earning.
A confirmation pop-up will be shown before adding the liquidity with a summary of the position, afterwards you'll just have to sign the transaction and the new position will be created!
You can continue learning about managing your positions (adding/removing Liquidity from them) and claiming fees/rewards in the next tutorial.
