KLAYswap
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  • Introduction
  • Protocol Overview
  • Core Concept
  • KLAYswap Advantages
  • Risk & Security
  • Privacy Policy
  • Audit
  • TOKENOMICS
    • KSP
      • KSP TOKENOMICS
      • Automation of KSP distribution rate
        • Voting policy on passing governance
        • KSP distribution ratio reflection policy
      • KSP Allocation
  • PRODUCT
    • SWAP
    • Single-side Deposit
      • Detailed policy of Single Deposit
    • Pair Deposit
    • V3 Pair Deposit
      • V2 to V3 Migration
        • V2 to V3 Migration Guide
        • V2 to V3 Migration Policy
      • V3 Pair Deposit
        • V3 Deposit Guide
        • V3 pair Deposit Policy
      • V3 to V3 Migration
        • V3 to V3 Migration Guide
        • V3 to V3 Migration Policy
      • V3 Pair Withdraw
        • V3 Withdraw Guide
        • V3 Withdraw Policy
    • Plus Deposit
      • Detailed policy of Plus Deposit
    • Long/Short Position Deposit
      • Open and Close Long/Short Positions
        • Open Short Positions
        • Open Long Positions
        • Remove Long Position
        • Remove Short Position
      • Position Deposit Details Policy
    • KSP Staking & Voting
      • Staking, Pool Voting Policy
    • Governance
      • Governance Voting Policy
    • Drops
    • Ecopot
    • Pool Airdrop
    • APR & APY
      • TVL
      • Pool
      • Staking
    • Interest rate
  • DEVELOPERS
    • Contract
      • Factory
      • Exchange
      • PoolVoting
      • VotingKSP
      • Treasury
      • Distribution
      • Governor
      • SinglePool
      • SinglePool Factory
      • PlusPool
      • PlusPool Factory
      • Store
      • Utils
      • Single/Plus Utils
      • Helper
      • EcoPotVoting
      • EcoPot
      • V3
        • V3Factory
        • V3Pool
        • NonfungiblePositionManager
        • NonfungibleTokenPositionDescriptor
        • V3SwapRouter
        • V3Migrator
        • V3Estimator
        • PositionMigrator
        • V3Treasury
        • V3AirdropOperator
        • UniversalRouter
    • Airdrop
      • Set Airdrop Operator
      • Start Airdrop
    • EcoPot
      • Set EcoPot
      • Start EcoPot
  • HOW-TO GUIDES
    • KLAYswap Guide
    • How to add liquidity on KLAYswap
    • [Burrito Wallet] How to deposit assets using mobile devices?
    • How to create a liquidity pool on KLAYswap
    • How to stake and vote on KLAYswap
    • How to deposit assets
      • Deposit Klaytn-based assets
      • Deposit Ethereum-based assets
      • Deposit XRP
    • FAQ
  • KLAYswap
  • Orbit Bridge
  • KLAYswap git
  • Orbit Bridge git
  • KLAYswap audit report
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  • Price Range Fall Out
  • Migration

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  1. PRODUCT
  2. V3 Pair Deposit

V3 to V3 Migration

PreviousV3 pair Deposit PolicyNextV3 to V3 Migration Guide

Last updated 1 year ago

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Price Range Fall Out

A 'price range' refers to the minimum and maximum price ranges in which an asset can be traded, and depositors will receive transaction fees if a transaction occurs within the price range.

When the token price of the deposited pool fluctuates, the ratio of assets in the pool changes. And if the token price falls outside the range due to drastic changes in token prices, depositors will only hold one token from the token pair. In that case, deposited assets cannot be traded within the rages, so fees and rewards cannot be earned.

For example, in a KLAY-USDT concentrated pool with 1 KLAY equal to 1 USDT at a minimum and 2 USDT at a maximum, the depositor's KLAY will be converted to USDT when 1 KLAY equals 3 USDT.

Migration

If no transactions occur within the depositors' price range, the pools become inactive, making it impossible for depositors to earn transaction fee profits and additional rewards (KSP, token airdrop, etc.). If so, depositors are required to withdraw their assets and re-deposit them.

The KLAYswap V3 pair deposit offers one-stop migration, allowing depositors to migrate their assets with a single transaction. The detailed procedure consists of asset withdrawal - deposit in the new price range, and depositors can migrate from the detail page of the pool they provided liquidity for.

*Case 1: If the token price changes to the Change2 state, transactions stop occurring in liquidity pool A, which makes pool A inactive.

*Case 2: If the token price changes to the Change1 state, transactions continue to occur in liquidity pool A, but the price might fall out of range and may turn into an inactive state.

▶ In both cases, depositors can re-deposit to a stable price range via migration and continue earning fee profit and rewards.

Please refer to the V3 Pair Deposit guide and policy.

V3 Deposit Guide
V3 pair Deposit Policy