Permissionless Pool v3

Step 1: Connect Wallet & Access Pool Interface

1. Open the Web App:

   • Navigate to the platform and click [Connect Wallet] to link your wallet (e.g., MetaMask).

2. Enter Pool Interface:

   • Select the [Permission Pool Liquidity] tab from the [Earn] navigation menu.

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Step 2: Create New Liquidity Position

1. Select Pool Version:

   • From the version dropdown, choose [V3 Liquidity].

2. Initialize New Pool:

   • Click [Add V3 Liquidity] to begin creating a liquidity position.

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Step 3: Select Token Pair

1. Choose First Token:

   • Click the first token dropdown (e.g., KAIA).

   • Select the token you want to provide liquidity with.

2. Choose Second Token:

   • Repeat the process for the second token (e.g., USDC).

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Step 4: Set Fee Tier & Price Range (Key V3 Features)

1. 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.

2. 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.

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Step 5: Set Deposit Amounts

1. 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.

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Step 6: Approve & Confirm Transaction

1. 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).

2. Finalize Deposit:

   • Confirm the liquidity creation transaction in your wallet.

Both approvals and the final deposit require gas fees. Ensure sufficient network funds (e.g., KAIA for Kaia).

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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.