How to Create LP Position

1. Select LP Vault

Begin by selecting the Vault you wish to deposit into. For this example, select the USDT-USDC Vault from the list.

Select LP Vault from the list

2. Click "New Position"

This will open your personal overview of USDT-USDC positions. Since no positions are available yet, the list will be empty. Click 'New Position' in the top right corner to proceed.

Press "New Position" button

3. Enter Position Details

Clicking "New Position'" opens a creation window where you’ll specify multiple position details. Let’s go through each one step-by-step.

New Position window

3.1. Select Protocol

First, select the protocol for your deposit. In this example, we’ll choose the Cetus protocol.

3.2. Enter Collateral

Typically, depositing directly on Cetus requires both tokens in the pool’s current ratio. However, with Kai, you can deposit any amount of one or both tokens, and Kai will automatically balance it. For this example, we’ll deposit 1000 USDT and leave the USDC amount blank.

Enter collateral amount

3.3. Set Price Range

This is a range in which the LP position will be active and earn fees. For this example, we’ll use a relatively narrow range: the current pool price is 0.99957143, and we'll set a minimum price of 0.99920035 and a maximum price of 1.

3.4. Choose Leverage

Now for the unique feature: choosing leverage. Kai enables LP Vault depositors to amplify their positions with leverage, offering up to 11x leverage for stable pools and around 3x for volatile ones.

Move the leverage slider to the far right to select the maximum leverage available, which, in this stable pool example, is close to the theoretical maximum of 11x.

Set price range

4. Review Position Breakdown

With all the details entered, you can now review the breakdown of the LP position you’re about to create. When satisfied, move to the next step.

Check position breakdown

5. Click "Create Position"

Click 'New Position' in the bottom right corner to proceed.

Click "Create Position" button

6. Wait For Success notification

Wait for the success notification to appear, and you’re all set! Your first LP Vault position has been successfully created. Congratulations!

Transaction successful notifcation