Deposit Concentrated Liquidity

  1. Find a pool: Navigate the liquidity page to browse the pool list and click deposit on the right hand side of the pool you want to create a position in.

  2. Select deposit method: Here you have two options 1) Deposit liquidity manually (available for all concentrated pools) 2) Deposit liquidity automatically with concentrated liquidity managers. Note: not all pools support automatic liquidity deposits.

  3. Manual deposit: a) Set a price range: Select the price range that your liquidity will be deposited. You can set this manually via the slider or choose pre-selected ranges. b) Enter token amounts: Input the amount of tokens you’d like to deposit. The amount needed for the paired token will fill in automatically allowing you to see how much you need to complete the liquidity deposit. c) Review: Verify that you are happy with the price range and the total amount to deposit. d) Approve: This allows the contracts to access your tokens to create the position. By default, Fenix sets access to unlimited meaning you do not need to approve tokens every time you deposit. If you do not want the contracts to have unlimited access you can set a custom amount via your wallet interface. e) Create Position: Click to confirm the transaction and to complete the deposit. f) Transaction Successful: Once completed a pop-up on the right hand side will show to say if the transaction has been successful or reverted. You can view the transaction details on the Blast explorer by clicking on “View in block explorer”.

  4. Automatic deposit: Choose liquidity managers like Ichi, Gamma or Steer who will deposit and manage your liquidity to keep in range whilst you earn rewards. a) Choose a manager: Deposit via Ichi, Gamma or Steer. b) Enter token amounts: Input the amount of tokens you’d like to deposit. The amount needed for the paired token will fill in automatically allowing you to see how much you need to complete the liquidity deposit. Note: Ichi enables you to deposit with one asset. For example for USDB/WETH you can deposit with USDB or WETH. c) Approve: This allows the contracts to access your tokens to create the position. By default, Fenix sets access to unlimited meaning you do not need to approve tokens every time you deposit. If you do not want the contracts to have unlimited access you can set a custom amount via your wallet interface. d) Create Position: Click to confirm the transaction and to complete the deposit. e) Transaction Successful: Once completed a pop-up on the right hand side will show to say if the transaction has been successful or reverted. You can view the transaction details on the Blast explorer by clicking on “View in block explorer”.

  5. Review your position on the Dashboard: https://www.fenixfinance.io/dashboard. For manual deposits you need to ensure that your liquidity is in range (i.e. within the current price) to earn rewards. If you’re out of range you will need to withdraw your position and redeposit.

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