Pool

Creating a concentrated liquidity pool is a short and simple process. Let’s walk through creating one together:

Step 1: First, head over to the Sushi app and select Enter App in the upper right corner. Next, make sure your wallet is connected and select the Pools tab on the upper left corner of the screen to be brought to the pools page.

Step 2: Once on the Pools page, select the New Position button as you would if you were creating any other type of pool. This will bring you to the Add Liquidity page, where you can create a concentrated liquidity pool (or a position in one).

Step 3: Next, you will need to select the network you would like to create the pool on and the pair you’d like to create the pool for.

Step 4: Then, choose the fee tier you would like your pool to adhere to, which can be anywhere from 0.01% all the way up to 1.00%. As a general rule of thumb, lower fee tiers are better for more stable pairs, while higher tiers are better for more exotic (read: volatile) pairs. If you are unsure which side of the spectrum to choose, 0.30% is a solid middle ground.

Up to this point, creating a concentrated liquidity pool has been the same as creating any other pool type on Trident - this is where things diverge. After your fee tier selection, you will be directed to both initialize your new pool and to set your price range where you will earn fees from.

Step 5: Simply adjust the desired range to provide liquidity for by using the two input boxes to define the range's minimum and maximum values. This will automatically update the visualization of the price range on the screen for review. Remember, the price range you are selecting represents the degree to which you think the price will fluctuate over time; don’t rush, make an informed choice.

Once you’ve determined an appropriate price range, initialize your new pool by setting its initial price (which must be within the range) and fill out the amount of liquidity you would like to provide of each asset. With everything now filled out, select Preview to get one final summary of the pool you’re about to create; if everything looks correct, all there is left to do is select Add Liquidity.

Note: If adding liquidity to a pool that already exists, the option to initialize the pool will not populate.

Creating a concentrated liquidity pool is a short and simple process. Let’s walk through creating one together:

Step 1: First, head over to the Sushi app and select Enter App in the upper right corner. Next, make sure your wallet is connected and select the Pools tab on the upper left corner of the screen to be brought to the pools page.

Step 2: Once on the Pools page, select the New Position button as you would if you were creating any other type of pool. This will bring you to the Add Liquidity page, where you can create a concentrated liquidity pool (or a position in one).

Step 3: Next, you will need to select the network you would like to create the pool on and the pair you’d like to create the pool for.

Step 4: Then, choose the fee tier you would like your pool to adhere to, which can be anywhere from 0.01% all the way up to 1.00%. As a general rule of thumb, lower fee tiers are better for more stable pairs, while higher tiers are better for more exotic (read: volatile) pairs. If you are unsure which side of the spectrum to choose, 0.30% is a solid middle ground.

Up to this point, creating a concentrated liquidity pool has been the same as creating any other pool type on Trident - this is where things diverge. After your fee tier selection, you will be directed to both initialize your new pool and to set your price range where you will earn fees from.

Step 5: Simply adjust the desired range to provide liquidity for by using the two input boxes to define the range's minimum and maximum values. This will automatically update the visualization of the price range on the screen for review. Remember, the price range you are selecting represents the degree to which you think the price will fluctuate over time; don’t rush, make an informed choice.

Once you’ve determined an appropriate price range, initialize your new pool by setting its initial price (which must be within the range) and fill out the amount of liquidity you would like to provide of each asset. With everything now filled out, select Preview to get one final summary of the pool you’re about to create; if everything looks correct, all there is left to do is select Add Liquidity.

Note: If adding liquidity to a pool that already exists, the option to initialize the pool will not populate.