Quick Start

This guide walks you through the basics: depositing liquidity, earning yield, and exiting your position.

What You Need

• A Web3 wallet (MetaMask, Rabby, or any WalletConnect-compatible wallet)
• Tokens on a supported network (Ethereum or Arbitrum)

Step 1: Deposit Liquidity

This is how you enter a position. You provide tokens, and the protocol gives you PT + YT.

1. Open the Pools page
2. Pick a pool that matches your tokens (e.g., WBTC/USDT on Uniswap V4)
3. Click Add Liquidity and enter your amount
4. Approve the tokens if it's your first time, then confirm the transaction

You'll receive:

• PT — represents your deposited capital
• YT — represents the right to earn yield from that position

Step 2: Choose Your Strategy

Now you have options:

• Hold both — standard yield farming. YT earns fees, PT is redeemable at maturity
• Sell PT on the market — cash out your principal and keep the yield exposure (leveraged)
• Add PT to the secondary market — earn extra trading fees as an LP
• Sell YT — lock in your yield now instead of waiting

!TIP Not sure what to do? Just hold both tokens. You'll earn the same yield as a regular LP, and you can always trade later.

Step 3: Collect Yield

If you hold YT, swap fees from the underlying pool accrue to you automatically. To actually receive them:

1. Go to the Pool page where you have a position
2. Find your YT balance in the Your Positions section
3. Click Harvest to pull fees from the underlying protocol
4. Click Claim to send them to your wallet

You can claim as often as you like — just keep gas costs in mind.

Step 4: Redeem at Maturity

Every pool has a maturity date (typically 90 days from creation).

After maturity:

1. Go to the pool page
2. Click Redeem next to your PT balance
3. Your PT is burned and you receive the underlying tokens back

Before maturity: You can always sell PT on the secondary market to exit early.

!NOTE YT has no redemption value, but make sure to claim any uncollected yield before discarding it.