This is a guide to all the features you will come across on the A51 dApp while creating a strategy.
Once you land on the A51 dApp, connect your wallet.
Navigate to the strategy creation page by selecting Create Strategy button on the main page or on the top navigation bar by clicking the Strategies button.
๐ชThis will lead you to a series of steps you need to follow to successfully create a strategy.
From the drop-down menu select the tokens you want to create a strategy for.
Select the fee tier. This is the fee you would earn when trading happens in this pool. Each pool has a different fee tier(s) depending on the DEX on which it exists.
Select a pool from the given pools on different DEXs listed below.
โญ๏ธ Click Next to proceed.
Based on your speculation about the tokens you are depositing and your market knowledge, decide which mode is best for you. For more details on market modes, head over to:
Select the Rebalancing Type
Choose how you want A51 to rebalance your position from:
Trailing rebalancing (recommended)
Acrive rebalancing
We recommend you to learn more about these rebalancing types before making a choice.
โญ๏ธ Click Next to proceed.
Set the price range. Set a minimum and maximum price range by manually adjusting the range on the liquidity graph or entering the numbers below.
Set a price deviation. The price deviation threshold is the minimum and maximum price below and above the price range you set.
Set a rebalance frequency. Determine how many times you want the protocol to rebalance your liquidity position before it pauses rebalancing.
Choose whether you want to compound your fees or claim it right away. Compounding means to reinvest the fee generated from your strategy usage. Itโs a long-term investment to increase your yield. By selecting โClaim Your Feesโ you can claim your fee right away when it is generated.
โญ๏ธ Click Next to proceed.
Add general details about your strategy like the name and description. Write a brief description of your strategy, outlining its objectives and any key information that distinguishes it.
Choose if you want to keep your strategy private or public. By making it public, you are inviting other LPs to deposit liquidity using your strategy. Keeping it private will make it visible only to you.
Set a management fee and a performance fee. Management feeโโโThe fee you charge upfront from the capital that LP is depositing using your strategy. Performance feeโโโThe fee you receive every time an LP generates profits using your strategy.
Connect your X account if you want.
โญ๏ธ Click Next to proceed.
๐Review all the details at each step and editโ๏ธ if required.
Click Confirm Strategy to save it.โ
You can see your strategy listed on the All Strategies page. You can always edit your strategy.