# Create a Position

### **1. Click on New Position**

In the **Earn** menu, click on **New Position** at the top right side of the page. Alternatively, you can click on one of the pools from the list or the cards below to skip to Step 3.

<figure><img src="https://1737588250-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzhHIRYhJhsVkjaycRq4b%2Fuploads%2FInh5DQSe8h23BhLpaJVA%2F%E1%84%89%E1%85%B3%E1%84%8F%E1%85%B3%E1%84%85%E1%85%B5%E1%86%AB%E1%84%89%E1%85%A3%E1%86%BA%202024-12-23%20%E1%84%8B%E1%85%A9%E1%84%92%E1%85%AE%202.41.19.png?alt=media&#x26;token=68afdbff-73cf-430d-8635-09239ccc5239" alt=""><figcaption></figcaption></figure>

### **2. Select a pool**

Select a pair of tokens and the fee tier of the pool that you will add liquidity in.

<figure><img src="https://1737588250-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzhHIRYhJhsVkjaycRq4b%2Fuploads%2FYiz5bHDzfWKTAaW8u8d8%2F%E1%84%89%E1%85%B3%E1%84%8F%E1%85%B3%E1%84%85%E1%85%B5%E1%86%AB%E1%84%89%E1%85%A3%E1%86%BA%202024-12-23%20%E1%84%8B%E1%85%A9%E1%84%92%E1%85%AE%202.47.01.png?alt=media&#x26;token=d3ded86e-641a-4ef1-a850-3f0f7cf4d97f" alt=""><figcaption></figcaption></figure>

### **3. Set a price range**

GnoSwap offers three options for liquidity providers:

* **Active**: An aggressive range of \[-10% \~ +10%] for higher risks & returns.
* **Passive**: A passive range of \[-50% \~ +100%] for moderate risks & returns.
* **Custom**: A customizable price range that enables you to select a Min Price and a Max Price.

{% hint style="info" %}
**How do price ranges work?**

GnoSwap offers concentrated liquidity, which allows liquidity providers (LPs) to select a specific price range in which their tokens become available for trading. Experienced LPs will select a price range where trading activities are most active to maximize their trading fee rewards. GnoSwap offers a set of pre-configured ranges to help beginners who aren't experienced in building their own strategies.

For more information about price ranges and concentrated liquidity, visit [this section ](https://docs.gnoswap.io/concepts/amm/concentrated-liquidity)to learn about the mechanism.
{% endhint %}

<figure><img src="https://1737588250-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzhHIRYhJhsVkjaycRq4b%2Fuploads%2F5htGBhGP9YmO3lKhLlrr%2Fimage.png?alt=media&#x26;token=8b689514-3714-4312-b547-9ba1e5718308" alt=""><figcaption></figcaption></figure>

### **4. Enter amounts**

Enter the amount of tokens you'd like to deposit. Filling out one side of the pair will automatically calculate the amount of the opposite side, based on the current price of the pool and your price range.

<figure><img src="https://1737588250-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzhHIRYhJhsVkjaycRq4b%2Fuploads%2FSXgc4ti4GJhnDbOxo6qW%2Fimage.png?alt=media&#x26;token=4a642700-0826-4bde-8624-ec989fe4ce5c" alt=""><figcaption></figcaption></figure>

### **5. Preview your transaction**

Review your transaction to ensure that all of the displayed information is correct.

<figure><img src="https://1737588250-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzhHIRYhJhsVkjaycRq4b%2Fuploads%2F4nmurQ8XzvvxcssPgAZo%2Fimage.png?alt=media&#x26;token=cd9d94a9-976a-4da0-a3f2-549ceec52c98" alt=""><figcaption></figcaption></figure>

### **6. Approve the transaction on Adena**

A pop-up from Adena will appear in a new window, prompting you to approve the transaction. Click on **Approve** to proceed.

<figure><img src="https://1737588250-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzhHIRYhJhsVkjaycRq4b%2Fuploads%2FTrcQmCXmwaXGvmSFaXnl%2Fimage.png?alt=media&#x26;token=4031d651-a144-4a43-9910-7053f0f22f2b" alt=""><figcaption></figcaption></figure>

### **7. Check your new position**

Once your transaction is complete, return to the **Earn** menu and find your new position under **My Positions**.

<figure><img src="https://1737588250-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FzhHIRYhJhsVkjaycRq4b%2Fuploads%2FsOoHGcsWiaeAaVFs9rzp%2F%E1%84%89%E1%85%B3%E1%84%8F%E1%85%B3%E1%84%85%E1%85%B5%E1%86%AB%E1%84%89%E1%85%A3%E1%86%BA%202024-12-23%20%E1%84%8B%E1%85%A9%E1%84%92%E1%85%AE%202.45.29.png?alt=media&#x26;token=53a65377-b4e9-41d8-be7b-fbe5b369a0f6" alt=""><figcaption></figcaption></figure>