Managing a Position and Claiming Fees/Rewards
Last updated
Last updated
You'll be able to view all of your open positions in the "Your Liquidity" window of the Concentrated Pools Page. Remember that only the positions that are In Range will be accruing fees and rewards, if your position is Out of Range then you'll have to close it and open a new one if you want to continue earning incentives.
In this scenario your withdrawal will be entirely on one side of the tokens, so for example if you have a position in SUI-USDC within the 3 - 3.7 USDC range and SUI's price increases to 4 USDC (it goes out of the upper range) then you'll be left only with USDC tokens. On the other hand if SUI's price goes below 3 USDC then you'll be left only with SUI tokens. In either case for opening a new position in a new range you will have to swap part of your tokens for the other pair. This process is called Rebalancing, and to avoid doing this manually you can also use the Auto-Rebalancing feature explained in the next tutorial.
By clicking on any one of your open position, you'll be able to view the Positions manager. This will show you the unique address of the position and its details (total value, tokens deposited in the pool, price range, pending fees/rewards, etc.). You'll also have the possibility to either add to or partially/fully remove the provided liquidity. At the moment that you remove all the available liquidity, the position will be closed and all pending fees/rewards will be automatically claimed. However, you can also claim your pending fees/rewards without removing any liquidity from the position.
Finally, the rewards you've claimed will be viewable in the Rewards Page by selecting the "Spot " tab below "Rewards History". Both SUI and BLUE rewards are directly sent to your wallet upon claiming.
As a fun note, you'll also be able to view your position in your Sui wallet, represented as an NFT (with the same address shown in the Positions Manager Page) in the "Assets" section.
