Creating a Liquidity Position
Review the approvals and transactions used to create a supported concentrated-liquidity position.
Overview
Once you select a supported pool, the deposit flow shows the required token approval and position transaction. Network conditions and wallet confirmation determine how long those transactions take.
Step 1: Select the Pool
From the Yield Pools page, choose the pool you want to provide liquidity for.
Click Deposit button for that pool.
Step 2: Enter Your Deposit Amount
Select the token you would like to deposit with.
Enter the amount of tokens you want to deposit.
Step 3: Approve Tokens
Before depositing, your wallet will ask you to approve the tokens required for the transaction.
This is a standard DeFi step that allows the smart contract to interact with your tokens.
Approve the transaction in your wallet.
What is token approval?
Token approval gives a smart contract permission to spend up to the amount requested by the approval. Review the contract, token and allowance shown in your wallet before signing.
Step 4: Confirm the Deposit
Once approval is complete, confirm the deposit transaction.
This will:
- Add your tokens to the liquidity pool
- Create your liquidity position
- Place the resulting position NFT under Foraga smart contract management for automation
After the transaction confirms, your position will become active.
Congratulations!
Your liquidity position is now active. Depending on the pool and its current reward allocation, it can earn trading fees and eligible AERO Rewards. You can now see your position in your Foraga portfolio.
Next Steps
Now that your position is active, learn how to monitor, automate and manage it.