Manual mode

Henjin v3 allows anyone to LP into tading pairs.

When setting the range, you may either use four presets or enter the minimum and maximum prices according to your strategy. The smaller the range, the higher the yield, but there is also a greater risk of impermanent loss.

Set a range

When deciding on a price range, it's important to think about how much you expect prices to change during the time that you're holding your position. You'll also need to think about how much time and effort you're willing to put into managing your position as market conditions change, as well as the costs involved in making those changes.

If the price of the assets you're providing liquidity for goes outside of the range you've specified, then your position will become focused on one asset or the other. You won't earn any trading fees until the price returns to within your specified range.

Please note that the price you enter will be rounded to the nearest tick. It is not necessary to enter a round number, as this is a characteristic of how ticks function.

Input amounts

Input the amount in one box, and the other box will automatically display the corresponding amount. The ratio between the two amounts depends on your price range relative to the market price.

If your price range is closer to one side of the market price, you will provide more of that asset. If you click the Full range button, you can provide liquidity across the full range.

Liquidity providers have the option to allocate liquidity on one side of the market, either above or below the current spot price, depending on whether they are provisioning the token with a higher or lower value.

Approve and add liquidity

To proceed with adding liquidity, start by granting approval. (This is solely necessary for the initial liquidity provision involving a token).

Following approval in your wallet, proceed to click on Add liquidity, review the provided details, and then click Add liquidity once more to execute the transaction from your wallet

Earn and manage

Your assets are now actively contributing liquidity and accruing trading fees and market maker rewards (depending on whether your position pair is incentivized).

You can oversee and monitor your positions by clicking on a pool and viewing your active positions within that pool after successfully providing liquidity.

Remove, add liquidity and collect fees

On the v3 position management panel, you can view your position data, pending earned fees and incentives. You can also access the following features:

• Market maker rewards : collect your pending incentives (It will only appear on the interface once you have pending rewards to collcet)

• Withdraw : withdraw liquidity

• Add : add more liquidity to your position

• Collect fees : collect your pending rewards