👩‍💼Managing a pool position

Where and what to do

To manage your pool positions on Taraswap, go to https://www.taraswap.app/#/pool where you'll see all your LP positions.

Uniswap detailed explainer

The relevant detailed Uniswap explainer can be found here.

Track your range

• In-Range: Your tokens are being used for trades, and you’re earning fees.

• Out-of-Range: The token price has moved outside your range:

• Example: If you set TARA/USDM between $1–$2, but TARA is now $3, your liquidity won’t earn fees.

What to do

• Wait for the price to return to your range.

• Adjust your range to include the current price.

• Add a new position for a different price range, explained in detail on Creating a pool.

Claim fees

Fees don't automatically go to your wallet like on Herbswap or any PancakeSwap fork.

• You must claim fees manually (through the interface or a transaction).

• Fees are paid in the tokens of the trades (e.g., TARA, USDM).

• Claiming doesn’t affect your liquidity.

Monitor impermanent loss

• When token prices move a lot, you might end up with more of one token.

• Example: If TARA price falls, you’ll have more TARA and less USDM.

• This can mean a loss compared to just holding the tokens.

What to do

• Use tools like DeFi analytics dashboards to estimate impermanent loss.

• Track token prices timely, especially if you are providing liquidity for a hghly volatile asset.