Liquidity Farming FAQ

Why don't I see the full "Max amount" when I click Max?

We keep a small buffer to ensure your deposit still succeeds even if the price moves slightly before the transaction is confirmed. For SOL pools, we also reserve a bit of SOL for network fees, rent, and a small safety buffer.

How is the displayed APR calculated?

The Est. APR is estimated using the formula: (24h Fees + Incentives) / TVL

• 24h Fees & Incentives: Total fees and incentives generated over the past 24 hours, valued at current market prices.

• TVL: Total value locked in the pool, also valued at current market prices.

For newly launched pools (less than 24 hours), the Est. APR may appear lower than the actual rate due to limited fee data.

What is a tick array initialisation fee?

When you provide liquidity in a price range that hasn't been used before, a small one-time fee is required to initialise the tick array on-chain. This covers the cost of creating the on-chain data structure for that price range. Once initialised, other users can add liquidity to the same range without paying this fee again. This fee is paid to the Solana blockchain, not to Byreal.

What is the position NFT, and why is it important?

When you open an LP position on Byreal, a position NFT is minted to your wallet. This NFT serves as your proof of ownership over the deposited liquidity. You need it to claim rewards, adjust your position, or withdraw your tokens. Do not transfer, sell, or burn this NFT, as doing so may permanently lock your liquidity.

How are LP fees calculated?

Each pool charges a swap fee (e.g., 0.01%, 0.10%, or 0.20%) on every trade that routes through it. Of the total fee collected, 80% is distributed proportionally among active LPs and 20% goes to the Byreal Treasury. Your share of fees depends on how much of the pool's active liquidity (within the current price range) your position represents.

Which fee tier should I choose?

Lower fee tiers (e.g., 0.01%) attract more trading volume and suit stable, high-volume pairs where spreads are tight. Higher fee tiers (e.g., 0.20%) compensate LPs for the higher IL risk of volatile pairs, and may earn more per trade despite lower volume. As a rule of thumb: choose low fee tiers for stablecoin pairs and correlated assets, and higher fee tiers for volatile or long-tail tokens.