Deposit Liquidity

Depositing liquidity is how you enter a Yield Forge position. You provide tokens, and the protocol mints PT + YT for you.

Step by Step

1. Find a Pool

Go to the Pools page and browse the available pools. Each pool shows:

• The token pair (e.g., WBTC/USDT)
• The underlying protocol (Uniswap V4, V3, or Curve)
• The current maturity date and APY

Pick the one that fits your strategy.

2. Open the Pool

Click on the pool to open the detail page. Review:

• Maturity date — when this cycle ends
• Current APY — the underlying pool's recent yield
• Your existing positions (if any)

3. Enter Your Amount

In the Add Liquidity panel, enter how much you want to deposit. You'll need both tokens of the pair (e.g., WBTC and USDT).

The interface shows you how much PT and YT you'll receive. It's always 1:1 with your deposit value.

4. Approve Tokens

If this is your first time, you'll need to approve each token for spending. Click Approve and confirm in your wallet. This is a one-time step per token.

5. Confirm and Mint

Click Add Liquidity and confirm the transaction. Once it's confirmed on-chain, your new PT and YT balances will appear in the Your Positions section.

Good to Know

• No protocol fee for minting — you only pay gas
• Gas may be higher than a simple transfer because the protocol interacts with the underlying AMM (e.g., Uniswap V4) under the hood
• New cycles are created automatically. If the current cycle has matured, your deposit starts a fresh one

!TIP After minting, you can immediately trade PT on the secondary market, sell YT on the orderbook, or just hold both and earn standard yield.