🪄Creating New Pools

Create a pool for to enable trading on a new NFT Collection

How do you Create a New Potion Pool?

1. Navigate to https://potionprotocol.io/lab in your browser.

2. Click the Connect button at the center (or top right) of the screen .

   

   Note: Currently only browser-native wallets like Metamask are supported
3. Scroll down view to the Create a New Pool form.

   

   Pool Values: NFT Contract Address: The address of the NFT contract for which to create the pool. Pool Name: The name of the pool & its LP token. LP Token Symbol: The symbol for the LP token that will be displayed in users' wallets. Note: length must be less than or equal to 11 characters. Trading fee: The fee charged to trades against the pool, which is split among the users who provide liquidity to the pool. Additional fee to buy a specific NFT: The additional fee incurred for purchasing a specific NFT from the pool (can be set to 0). Enable Creator Royalties for pool sales: Charge users creator royalties on NFTs sold to the pool (respecting the EIP-2981 standard).

4. Fill out the form with the desired parameters and click Submit.

   
5. Confirm the transaction in order to create the pool. Note the created pool will require an initial deposit of at least 2 NFTs before it will support trading.

   
6. If the transaction was successful, you will see a happy little wizard.

   
7. If an error occurrs, you will see a JSON-formatted error string. Please come join our discord to report the issue: https://discord.gg/potionprotocol. We will ask you for a copy of this string to investigate your issue.

   

   Refreshing the page usually fixes the problem.
8. If pool creation succeeded, you will see links appear to the pool's contracts on etherscan.

   
9. In a few moments your pool should be displayed in the Pools section of your Lab page:

   

   The pool will be created but will have no assets available for trading.
10. If your pool does not appear after a few minutes, please report the issue to our discord https://discord.gg/potionprotocol

11. To enable trading on the pool, you will need to make an initial deposit. Click the deposit button on the new pool.

    
12. Once your pool has had NFTs deposited, it will appear on the main Swap and Pool pages