> For the complete documentation index, see [llms.txt](https://tapp-exchange.gitbook.io/tapp-exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://tapp-exchange.gitbook.io/tapp-exchange/user-guides/earn/create-pool.md).
# Create a pool
## What You Need Before Starting
**π± Compatible Aptos Wallet**
You'll need a wallet that works with the Aptos blockchain:
* **Petra Wallet** (most popular)
* **Aptos Connect** (Google)
* **Other supported wallets** (shown when you click "Connect Wallet")
**π° Tokens Ready**
* **Both tokens** you want to pair (e.g., APT + USDC for an APT/USDC pool)
* **APT for gas fees** (small amount needed for transaction costs)
**Example:** To create an APT/USDC pool, you need:
* β APT tokens in your wallet
* β USDC tokens in your wallet
* β Extra APT for gas fees
## Step-by-Step Pool Creation
**Step 1: Connect Your Wallet**
1. Go to Tapp's website
2. Click **"Connect Wallet"**. [Guide](https://github.com/Undercurrent-Technologies/tapp/blob/gitbook/gitbook/user-guides/connect-wallet.md)
3. Select your wallet from the list
4. Approve the connection in your wallet
**Step 2: Navigate to Pool Creation**
1. Look for **"Pools"** under **βEarnβ** in the main menu
2. Click **"Create Pool"**
3. You'll see the pool creation interface
**Step 3: Choose Your Pool Type**
**π Standard Pool (Recommended for Beginners)**
* Simple and reliable
* Your liquidity works at all price levels
* Good for: APT/USDC, major token pairs
* **Best if:** You want set-and-forget liquidity
**π― Concentrated Pool (Advanced)**
* Choose specific price ranges
* Higher potential returns
* Requires active management
* **Best if:** You have strong price predictions
**βοΈ Stable Pool (For Similar Assets)**
* Optimized for assets with similar values
* Minimal price impact
* **Best if:** Trading stablecoins (USDC/USDT) or staked assets
**Step 4: Select Your Token Pair**
1. **First Token:** Click dropdown and select (e.g., APT)
2. **Second Token:** Click dropdown and select (e.g., USDC)
3. The platform will show if this pool already exists
**Step 5: Configure Pool Settings**
**For Standard Pools:**
* **Fee Tier:** Choose from available options (usually 0.05%, 0.3%, or 1.0%)
> > - Lower fees = more trading volume
> > - Higher fees = more earnings per trade
**For Concentrated Pools:**
* **Fee Tier:** Same as above
* **Price Range:** Set minimum and maximum prices
> > - Example: APT currently $5, you might choose $3-$7 range (NFA)
* **Starting Price:** Usually auto-filled with current market price
**For Stable Pools:**
* **Fee Tier:** Usually lower (0.05% or 0.1%)
* **Amplification Factor:** Often preset for optimal performance
**Step 6: Enter Deposit Amounts**
Iβll use the minimum amount to get point accrual to my LP position \~ 200$ worth of assets
**How Much to Deposit:**
1. Enter amount for first token (e.g., \~15.36 APT)
2. Platform automatically calculates second token amount (e.g., \~104.1 USDC)
3. **Or** enter amount for second token first
**π‘ Helpful Tips:**
* Start small for your first pool
* You can always add more liquidity later
* Check that you have enough tokens + gas fees
**Step 7: Review Your Pool**
**Double-Check Everything:**
* β Correct tokens selected
* β Pool type matches your strategy
* β Deposit amounts look right
* β Fee tier is what you want
* β Price range (for concentrated pools) makes sense
**Step 8: Create the Pool**
1. **Approve Token Usage:** Your wallet will ask to approve spending your tokens
> > * Click "Approve" in your wallet
> > * Wait for confirmation
2. **Create Pool:** Click "Create Pool" button
> > * Your wallet will ask for final confirmation
> > * Click "Confirm" in your wallet
> > * Wait for transaction to complete
**π Congratulations!** Your pool is now live and earning fees! You can check your position in the Portfolio tab
## After Creating Your Pool
**π Monitor Your Position**
* Check your pool's performance regularly
* Watch for price movements (especially concentrated pools)
* Track fees earned
**π° Manage Your Liquidity**
* **Add more:** Increase your position anytime
* **Remove some:** Withdraw partial liquidity
* **Adjust range:** For concentrated pools, modify price ranges
**π Optimize Performance**
* Rebalance concentrated positions when needed
* Consider different fee tiers based on performance
* Learn from experience and adjust strategy
## Common Questions
**Q: Can I lose money?**
A: Yes, through "impermanent loss" if token prices change significantly. However, you also earn trading fees which can offset this.
**Q: Which pool type should I choose first?**
A: Standard pools are best for beginners - they're simple and always active.
**Q: What if I pick the wrong settings?**
A: You can usually close your position and remove your liquidity and create a new one, though you'll pay gas fees.
**Q: How often should I check my pool?**
A: Standard pools: Weekly or monthly. Concentrated pools: Daily or weekly.
