Introduction

About Liquidity Pool Position:

A Liquidity Pool (LP) Position refers to a user’s share in a liquidity pool within a decentralized finance (DeFi) protocol. When a user provides assets to a liquidity pool (such as Uniswap, Curve, or Meteora), they receive liquidity provider (LP) tokens representing their proportional ownership in the pool.

Need for the MAPMS software!

Once you’ve added liquidity on Meteora and created a strategy on MAPMS, the software continuously monitors your position 24/7. If the LP goes out of range, MAPMS will automatically create a new position, ensuring your LP stays within the yield range and continues to earn fees. Managing LP positions manually is time-consuming and requires constant monitoring. MAPMS simplifies this by managing multiple positions simultaneously while keeping private keys secure on your local machine without exposing them.

Where do I need to create LP positions
You need to create LP positions on Meteora. Currently, MAPMS supports only Solana-based LPs on Meteora.