# Managing a pool position

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](https://docs.uniswap.org/contracts/v4/quickstart/manage-liquidity/setup-liquidity).

### 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](https://docs.taraswap.info/docs/how-to-lp/how-to-lp/creating-a-pool "mention").

### Claim fees

{% hint style="info" %}
Fees don't automatically go to your wallet like on Herbswap or any PancakeSwap fork.
{% endhint %}

• 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](https://defillama.com/protocol/taraswap) to estimate impermanent loss.

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