Creating a Liquidity Position

Follow these steps to create your liquidity position and start earning yield.

Overview

Once you have selected a yield pool, you can create your liquidity position. This process is straightforward and will get your position active and earning in just a few minutes.

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.

Make sure you have reviewed the pool's APY, token pair, and liquidity metrics before proceeding.

Step 2: Enter Your Deposit Amount

Select the token you would like to deposit with.

Enter the amount of tokens you want to deposit.

If you do not currently hold the required tokens, Foraga will convert your selected deposit token into the token pair.

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 is a security feature that gives permission to a smart contract to spend a specific amount of your tokens. This is a one-time step per token, and you maintain full control of your assets.

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 and can earn trading fees/emissions. 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.

Next: Managing Positions View your portfolio