Permissionless Pool v3
Step 1: Connect Wallet & Access Pool Interface
Open the Web App:
Navigate to the platform and click [Connect Wallet] to link your wallet (e.g., MetaMask).
Enter Pool Interface:
Select the [Permission Pool Liquidity] tab from the [Earn] navigation menu.
Step 2: Create New Liquidity Position
Select Pool Version:
From the version dropdown, choose [V3 Liquidity].
Initialize New Pool:
Click [Add V3 Liquidity] to begin creating a liquidity position.
Step 3: Select Token Pair
Choose First Token:
Click the first token dropdown (e.g., KAIA).
Select the token you want to provide liquidity with.
Choose Second Token:
Repeat the process for the second token (e.g., USDC).
Step 4: Set Fee Tier & Price Range (Key V3 Features)
Select a Fee Tier:
V3 typically offers multiple fee tiers (e.g., 0.05%, 0.3%, 1%). Choose one based on the pair’s typical trading volume and volatility.
Determine Price Range:
Unlike V2, V3 allows you to concentrate your liquidity within a specific price range.
Min Price and Max Price: Specify the lower and upper price bounds for your liquidity.
If the market price moves outside this range, your position converts to a single asset (in this case either all KAIA or all USDC) until it comes back in range.
Step 5: Set Deposit Amounts
Enter Liquidity Amounts:
Input the desired amount for both tokens or click [Max] to use your full balance.
The system auto-calculates the paired token amount based on the pool’s current ratio.
Step 6: Approve & Confirm Transaction
Approve Token Access:
Click [Approve] to trigger wallet approval.
Click [Add Liquidity] to trigger wallet approval.
Sign the transaction to grant the protocol access to your tokens (two approvals required, one per token).
Finalize Deposit:
Confirm the liquidity creation transaction in your wallet.
Step 7: Track Your Position
A confirmation notification will appear once the transaction is complete.
Monitor your liquidity position, fees earned, and pool share via the [Analytics] dashboard.
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