Increase liquidity

  • Before getting into this section, take a closer look at the first guide to make sure that all the previous steps are completed correctly.

  • The example below implies that the contract already has custody of the NFT.

  • Remember that we cannot change the boundaries of a given liquidity position using the Algebra protocol; the increaseLiquidity function can just increase the liquidity of a position.

  • In production, amount0Min and amount1Min should be adjusted to create slippage protections.

    /// @notice Increases liquidity in the current range
    /// @dev Pool must be initialized already to add liquidity
    /// @param tokenId The id of the erc721 token
    /// @param amount0 The amount to add of token0
    /// @param amount1 The amount to add of token1
    function increaseLiquidityCurrentRange(
        uint256 tokenId,
        uint256 amountAdd0,
        uint256 amountAdd1
        returns (
            uint128 liquidity,
            uint256 amount0,
            uint256 amount1
        INonfungiblePositionManager.IncreaseLiquidityParams memory params =
                tokenId: tokenId,
                amount0Desired: amountAdd0,
                amount1Desired: amountAdd1,
                amount0Min: 0,
                amount1Min: 0,
                deadline: block.timestamp

        (liquidity, amount0, amount1) = nonfungiblePositionManager.increaseLiquidity(params);