Guide 08 · 3 min read · Updated epoch 137

Pools and positions

Opening your own position, fees and impermanent loss.

Your positions, your fees

Anyone can add liquidity to a $OMNIA / stock pool the protocol also holds a position in. Your position is a Uniswap v3 NFT in your own wallet; the protocol never holds it and cannot move it, and the fees it earns are yours to collect at any time. They never enter the holder pot. A basket of up to 4 stocks is paid whether or not you hold a position; the two are unrelated.

What a deposit needs

  1. 1Both sidesA deposit funds both sides of the pair from your wallet, $OMNIA and the stock token, in the ratio the pool's price sets at that moment. Editing one side fills the other.
  2. 2Two approvalsEach side needs one ERC-20 approval to the position manager, for the exact amount, before its first deposit. Each approval is its own wallet signature.
  3. 3ReviewThe review shows the exact amounts of both sides at full precision, the spender, the recipient (you), the slippage bound and the expiry before your wallet is asked to sign.
  4. 4MintThe position manager mints the NFT to your wallet. Gas is paid in ETH. The quoted pair holds for sixty seconds; a slower approval asks for a fresh quote.

Withdraw and collect

  • Collect fees takes the fees a position has earned, in both tokens, and leaves the principal in place.
  • Withdraw takes a share of the principal, 25 to 100 percent, and collects the fees in the same transaction. The minimums are one percent under the expected amounts; below that the transaction reverts and you keep your position.
  • Pausing new deposits on a market never stops you managing a position you already hold, through this site or through the position manager directly.

Fee APR, and what it excludes

The one rate on this site is the fee APR on a pool page: trailing trading fees over pool value, measured from the pool’s own fee counters over the last day and annualised. It excludes impermanent loss. A position’s value moves with both prices, and against a stock that moves, the pool can hold less value than the two sides would have held separately. Nothing here forecasts anything.

Pool value is priced from each pool’s own deepest route, and a route whose price does not hold at fifty times the probe is not trusted: the figure is withheld rather than inflated.

A pool that does not exist yet

A planned market shows every figure as a dash with the reason, and deposits are closed. It opens once its stock has verified two-way depth and the rollout reaches it.

The pools
Pools and positions · Omnia