Position NFT

In a concentrated liquidity protocol, when a user provides liquidity within a specific price range, that allocation is referred to as a position or liquidity position. Each position is represented by an NFT generated by the smart contract, serving as proof of ownership.

The Position NFT contains the following key information:

• Pool address

• Position index within the pool

• Position name

• Description

• NFT URL

• Position NFT address.

• Lower tick index of the position

• Upper tick index of the position

• Liquidity amount

Ownership of the Position NFT grants the liquidity provider the right to collect fees generated by that position and to earn any associated liquidity mining rewards.