Auto mode (spNFT)

1. Choose a Strategy Provider

2. Select a Strategy

Gamma

The wide-range strategy typically generates lower fees and rewards but is more resilient to impermanent loss in fluctuating markets. While its potential for earnings is somewhat limited, it tends to experience fewer reductions in value.

In contrast, the narrow-range strategy is likely to accrue higher fees and rewards, but it also faces a higher risk of losses in turbulent markets. This approach is generally more successful in stable market conditions or in scenarios with significant fees and rewards.

DefiEdge

The ALO strategy integrates both comprehensive and focused methods within a single framework. It adapts to market volatility and changes by dynamically adjusting liquidity, striving for steady gains while minimizing impermanent loss.

1. Enter Amounts

2. Authorize and Establish a Position

Initiate by providing authorization

(required only for the first-time provision of liquidity involving a token).

After confirming authorization in your wallet, proceed by selecting 'Create Position'.

1. Examine the Details Provided

Consider implementing a time-lock to enhance the APR from yield farming and decide if you wish to add your position to a Nitro pool (if available for your pair) for extra benefits.

Before you lock your position, ensure that the pair of your position is emitting YUM emissions before locking it. If there are no emissions being generated for the pair of your position, time-locking won't enhance any APR, even though the user interface will permit you to lock the position. The bonus from time-locking is labelled as Lock bonus APR at the bottom of the window

1. Activating Nitro Auto-Staking

For liquidity pairs compatible with Nitro pools, you can enable Nitro auto-staking during the creation of your position. To do this, activate the Nitro auto-staking by clicking the ON button. A new window will pop up, allowing you to select a Nitro pool.

1. Creating Your Position

When you’re ready and have confirmed the parameters, create your position by clicking the 'Create position' button. Follow up by confirming the transaction in your wallet.

Your position now actively adds liquidity and accrues trading fees. If available for your pair, it also gathers farming emissions and, if opted-in during setup, Nitro incentives.

Tracking Your Positions To view your positions after creation, click on 'View existing positions', or go to the Earn tab, select Positions, and choose spNFTs.

Remember, trading fees are compounded automatically within the LP. When withdrawing, you receive your initial assets plus the accumulated trading fees.

Collecting Farming Emissions and Nitro Incentives To collect your farming emissions and Nitro incentives, simply use the Harvest button found in the position management panel.