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How to open a position on Aqua

Written by Borna Buinac

  1. User opens the Create-a-position builder in the Aqua module

  2. User selects the two tokens for the pair (token picker / quick-pick pairs)

  3. User sets the Swap fee

  4. User sets the Opening price

  5. User sets the price range

  6. User reviews / adjusts the amount to allocate per token

  7. User provides liquidity

  8. Confirm deployment in wallet: The wallet presents up to three sequential transactions. The user confirms each in turn:

    1. Approve Token 0 for the Aqua spender. On-chain transaction; costs gas. Skipped if Token 0 already has sufficient allowance for the Aqua spender on the active chain.

    2. Approve Token 1 for the Aqua spender. On-chain transaction; costs gas. Skipped if Token 1 already has sufficient allowance for the Aqua spender on the active chain.

    3. Position creation. On-chain transaction; costs gas. Always required.

      No tokens move out of the wallet until a taker fills against the position.

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