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# Robinhood Chain Liquidity Mining Tutorial: How to Participate in Uniswap Earn with TokenPocket
Liquidity mining is a common way to earn rewards in decentralized finance (DeFi). Users can deposit two tokens into a decentralized exchange’s liquidity pool to provide liquidity for token swaps and earn a share of the associated trading fees.
TokenPocket has launched Uniswap Earn Hub in its “Earn” section. Users can view popular liquidity pools on Robinhood Chain and participate in Uniswap liquidity mining directly within the wallet.
This tutorial uses the ETH–USDG liquidity pool on Robinhood Chain as an example to explain how to add liquidity, set a price range, and view your liquidity position through TokenPocket.
### 1. What Is Uniswap Liquidity Mining?
Uniswap is a decentralized trading protocol based on an automated market maker mechanism. Unlike traditional order-book exchanges, Uniswap uses on-chain liquidity pools to facilitate token swaps.
When users deposit assets into a token pair, they become liquidity providers (LPs). When other users trade through that pool, a portion of the trading fees is distributed to liquidity providers based on their share of the pool.
For example, after providing liquidity to the ETH–USDG pool, users may earn trading fees as long as their position remains within the active price range and trading activity occurs in the pool.
Actual earnings are affected by several factors:
* The pool’s trading volume;
* The user’s share of the pool’s liquidity;
* The selected fee tier;
* The selected price range;
* The amount of time the position remains in range;
* Market price movements and impermanent loss.
The APR displayed on the page is estimated using historical data. It may change with trading volume, token prices, and the pool’s total liquidity and should not be regarded as a fixed or guaranteed return.
### 2. What Is Uniswap V4?
Uniswap V4 is a newer version of the Uniswap Protocol. It retains concentrated liquidity while providing greater pool customization and capital efficiency.
Its main features include:
#### 2.1 Concentrated Liquidity
Users can concentrate their funds within a selected price range instead of providing liquidity across the entire possible price range from zero to infinity.
When the market price is within the selected range, the funds participate in trades and earn fees. A narrower range generally offers greater capital efficiency than a wider range, but it is also more likely that the market price will move outside the range.
If the market price moves outside the selected range, the position will not be liquidated. However, it will gradually become composed of only one of the two assets and will stop earning trading fees until the price returns to the range.
#### 2.2 More Flexible Fee Tiers
Uniswap V4 supports more flexible pool fee settings. The same token pair may have several pools with different fee tiers, trading volumes, total value locked, and fee earnings.
When adding liquidity, users should ensure that the selected fee tier matches the pool they intend to join.
#### 2.3 Hooks
Uniswap V4 introduces Hooks, an optional smart contract extension mechanism that can add custom logic to actions such as swaps, liquidity provision, and position adjustments. Examples include dynamic fees and automated liquidity management.
Users do not need to add a Hook when following this ETH–USDG tutorial. Leave the Hook setting unchanged. Uniswap defines Hooks as modular extensions that can customize pools, swaps, fees, and liquidity positions.
### 3. Accessing Uniswap Earn Hub Through TokenPocket
Open TokenPocket and tap “Discover” in the bottom navigation bar. Find the “Earn” section on the page.
Tap “Uniswap Earn Hub” to open the list of Uniswap liquidity pools.
The page displays information about different token pairs, including the protocol version, fee tier, estimated APR, and total value locked (TVL). Users can consider trading volume, TVL, fee tier, and token risks when selecting a pool.
Please note that APR is an estimate calculated using historical fee data and may fluctuate significantly as market conditions change. A high APR does not guarantee higher actual earnings.
### 4. Selecting the ETH–USDG Liquidity Pool
Find the ETH–USDG pair in Uniswap Earn Hub and tap it to open the pool details page.
The details page displays information such as:
* Estimated APR;
* Returns over different periods;
* Trading fee earnings;
* Available assets;
* Total value locked;
* Protocol version;
* Network;
* Number of participating addresses.
Confirm that the network is Robinhood Chain and the protocol is Uniswap V4. Then verify the token pair and fee tier.
In the example shown, the ETH–USDG pool has a fee tier of 0.05%. Always refer to the latest information displayed in TokenPocket during the actual operation.
After confirming the information, tap “Participate” at the bottom of the page.
### 5. Selecting the Token Pair and Fee Tier
After entering the Uniswap liquidity interface, first confirm that the selected token pair is ETH and USDG.
The Uniswap V4 interface also displays an “Add Hook” option. Hooks are intended for advanced customization and are not required for this tutorial. Leave this option unchanged.
Next, select a fee tier. Different fee tiers correspond to different pools and trading fee rates. Select the fee tier that matches the target pool shown in TokenPocket’s Uniswap Earn Hub.
The page may display several fee tiers, such as:
* 0.046%;
* 0.05%;
* 0.01%;
* 0.3%;
* Other fee tiers available through the advanced search or pool creation option.
### 6. Setting the Price Range and Deposit Amount
In the second step, set the position’s minimum price, maximum price, and token deposit amounts.
This tutorial uses the following example price range:
* Minimum price: approximately 2,348.6937 USDG per 1 ETH;
* Maximum price: approximately 2,448.455 USDG per 1 ETH.
When choosing a price range, keep the current market price in mind:
* When the current price is within the 2,350–2,450 range, the position is active and can participate in trades and earn fees;
* If the ETH price falls below the minimum price or rises above the maximum price, the position will move out of range and stop earning fees;
* After the position moves out of range, its assets may gradually become concentrated in only one of the two tokens;
* A wider range can reduce the likelihood of the position moving out of range, but it may also reduce capital efficiency and potential fee earnings.
Next, enter the amount of ETH or USDG you want to deposit. The system will calculate the required amount of the other token based on the current price and selected range. Therefore, the two assets may not always be deposited at an equal 50:50 value ratio.
Choose an amount appropriate for your available funds and risk tolerance. Do not use your entire wallet balance.
### 7. Confirming and Adding Liquidity
Carefully review all the information before continuing.
Follow the on-screen instructions to complete token approval, sign the required messages, and confirm the transaction.
After the transaction is submitted,wait for confirmation on the blockchain. Once confirmed, the liquidity position has been successfully created.
Ownership of a Uniswap V4 liquidity position is recorded through an on-chain position token. Users can view and manage the position through the corresponding position management page.
### 8. Viewing Your Liquidity Position in TokenPocket
After successfully adding liquidity, return to TokenPocket’s “Discover” page and open “Uniswap Earn Hub” again.
Switch to the “Participated” tab to view the liquidity positions associated with your wallet.
Users should regularly check whether the market price of ETH remains within the selected range. If the price stays outside the range for an extended period, the position will not earn trading fees. Users can then decide whether to adjust their strategy based on market conditions.
To change the price range, users generally need to remove the existing liquidity and create a new position with a different range. These adjustments will also incur gas fees.
### 9. Main Risks of Liquidity Mining
#### 9.1 Impermanent Loss
When the relative price of ETH and USDG changes, the quantities of the two assets in the liquidity position are automatically adjusted through trading activity.
Compared with simply holding the two tokens, the total value of the liquidity position may be lower. This difference is commonly known as impermanent loss. When liquidity is removed, the loss may become realized.
Trading fee earnings may not be sufficient to offset impermanent loss.
#### 9.2 Price Moving Out of Range
The 2,350–2,450 price range used in this tutorial is relatively concentrated. A narrower range can improve capital efficiency while the position is active, but the ETH price is also more likely to move outside that range.
Once the price moves outside the selected range, the position will stop earning trading fees until the price returns. Uniswap also identifies out-of-range positions as an important risk that liquidity providers should consider.
#### 9.3 APR Fluctuations
The APR displayed on the page is an estimate based on historical data. It may change rapidly due to fluctuations in trading volume, total liquidity, and token prices.
Historical APR does not represent future returns and is not a fixed interest rate.
In addition, anyone can create a token or liquidity pool. Before participating in a popular token pool, users should verify the token’s source and research the relevant project. Be cautious of tokens with identical names, fraudulent assets, and pools with insufficient liquidity.
#### 9.4 Gas Costs
Adding, removing, or adjusting liquidity may incur on-chain gas fees. If the deposited amount is small or the price range is adjusted frequently, gas costs may significantly reduce the final net return.
### 10. Summary
Through TokenPocket’s Uniswap Earn Hub, users can directly view popular Uniswap liquidity pools on Robinhood Chain, participate in liquidity mining, and monitor their positions within the wallet.
Liquidity mining is not a fixed-income product. Users should continue monitoring their price ranges, fee earnings, impermanent loss, and gas costs and allocate funds according to their own risk tolerance.
Risk Warning: This article is provided solely as a product operation tutorial and does not constitute investment advice. Crypto assets and DeFi products involve significant risks and may result in the partial or complete loss of principal. Please fully understand the relevant mechanisms before participating. Users are solely responsible for the risks arising from on-chain operations and market fluctuations.