⚖️Manage LP Positions
After adding liquidity, you can monitor, add to, remove, or claim fees from your liquidity positions (LP positions) on Monday Trade. This section provides clear steps to manage your positions effectively.
Steps to Manage LP Positions:
Access Your Liquidity Positions Navigate to the "Liquidity" panel on the Monday Trade interface. Select the "Liquidity" tab at the bottom of the panel to view all active LP positions associated with your connected wallet.
Monitor Position Details Here you can view details of all your LP positions including:
Status: Whether the position is in-range or out-of-range.
Current Price: The market price of the trading pair.
Price Range: The price range set for your position.
Liquidity: The deposited token amounts.
Unclaimed Fees: Accumulated fees earned from trading activity.
Collect Earned Fees To collect accumulated fees, click "Claim Fee". Confirm the transaction in your wallet. Fees are paid in the pool’s tokens and transferred to your wallet upon confirmation.
Add More Liquidity To increase liquidity in an existing position:
Click "Add".
The new liquidity will automatically use the same price range as the existing position.
Enter the additional amounts for one token (e.g., MON or WETH); the platform will calculate the corresponding amount for the other token.
Click "Add Liquidity" and confirm the transaction in your wallet.
Remove Liquidity To remove your liquidity:
Click "Remove".
Choose the percentage of the position to remove (e.g., 25%, 50%, 70%, or 100%) or manually enter a custom percentage.
Review the token amounts to be returned and any unclaimed fees.
Confirm the transaction in your wallet.
Removed tokens and any uncollected fees will be transferred to your wallet.
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