You can view your active and inactive pools on the PowerPools overview screen. Click on any of the pools to view more details and manage the pool.
To add liquidity to an existing pool, click on the Add button on the Liquidity panel.
From here, specify the amount of liquidity to add to the pool. You can either manually type in the amount or click the Balance number under the ticker to automatically specify to use your full wallet balance of that coin. PowerPools requires that the pool remains balanced when adding liquidity. Adding liquidity that will unbalance the pool requires PowerPools to trade some of the liquidity on the spot market to balance it out. It is more advisable to add balanced liquidity to the pool so that no unnecessary costs are incurred.
To balance out the added liquidity, manually adjust the liquidity amounts on both legs of the currency pair until the orange warning message disappears. Click on the green Add button to confirm the action.
This will take you back to the pool detail screen where you should see the liquidity balance updated accordingly.
To remove some of the liquidity from an existing pool, click on the Remove button at the top right of the Liquidity panel.
From here you can use the green slider or the quartile percentage buttons to specify a percentage of the liquidity to remove. You can also use the text field to manually specify a percentage of the liquidity to remove. The app will automatically calculate the amount of liquidity to remove on both sides such that the pool remains balanced.
Note: if you choose to remove 100% of the liquidity from the pool, this is equivalent to deleting the pool, and you will be asked to confirm that you wish to do so.
Click on the green Remove button to complete the action. This will take you back to the pool detail screen where you should see the pool liquidity updated accordingly. The removed liquidity will be deposited to your PowerTrade wallet.
To manage the yield you’ve earned on each individual pool, click on the green Manage button at the top right of the Yield panel.
This will bring you to the Claim Yield screen where you can either type or use the quartile percentage buttons to specify a percentage of the yield to either claim or reinvest. Clicking on the Claim button will withdraw the yield in USD and deposit it back into your PowerTrade wallet balance. Clicking on the Reinvest button will roll the yield back into the pool as (balanced) added liquidity, i.e. 50% of the yield will be added as USD and 50% will be used to buy the base asset on the PowerTrade spot market.
Delete a Pool
If you have an out-of-range or underperforming pool, you may wish to completely delete that pool and redeploy its liquidity. To delete a pool, click on the Delete Pool button at the bottom right of the pool details screen.
A confirmation dialog box will appear. Click Delete to complete the action.
Upon deletion, you will be taken back to the PowerPools overview page. The deleted pool will no longer show up on your pools overview screen, and any funds previously committed to the pool as well as any unclaimed yield will be automatically deposited back into your PowerTrade wallet balance.