Removing Liquidity on Elastic

Another Opportunity Awaits

Introduction

Have you discovered an even better yield opportunity or maybe you just want to take a break from the markets. You can easily reduce the amount of liquidity within a position or exit the position completely through removing all your contributed liquidity. This guide describes the steps to remove all or part of your liquidity from a position.

Liquidity Provider Flow

Still deciding on which solution suits you best?

• Overview: Earn Yield By Contributing Liquidity

• Detailed comparison: Classic vs Elastic

Next steps

1. Connect Your Wallet

2. Switching Networks

3. Elastic Pool Creation

4. Add Liquidity To An Existing Elastic Pool

5. Increasing Liquidity On Elastic

6. Elastic Fee Collection

7. Yield Farming On Elastic

8. Removing Liquidity On Elastic <-

Removing liquidity positions

Step 1: Select position

From the My Pools page, choose the position from which you want to remove liquidity and click on its “Remove Liquidity” button.

Remove liquidity button

This brings up the Remove Liquidity screen.

Step 2: Specify removal amount

Specify the amount of liquidity to remove. You can do this either by using the pre-set percentage buttons or the percentage slider, or by manually typing in the amount for either leg of the pair.

Configure liquidity removal amount

Note: If you choose to remove 100% of the liquidity in this position, that is tantamount to closing the position. Once this operation is complete, you will only see this position if you toggle the “Show closed positions” button on your My Positions page.

Step 3: Review liquidity removal

Click the “Preview” button to bring up a preview screen. Once you are satisfied with the transaction details, click the “Remove” button and then confirm this transaction on your wallet.

Conform removal

Note: If you have any uncollected fees, these will all be automatically collected as part of the liquidity removal transaction regardless of the amount of liquidity removed.