> ## Documentation Index
> Fetch the complete documentation index at: https://docs.n0ir.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Pools

> The three Aerodrome pools the LP Agent allocates across.

The LP Agent allocates across three underlying LP Vaults, each targeting a distinct Aerodrome Slipstream pool. The keeper selects the active vault based on effective APR.

***

## Allocation Pools

| Pool       | Tick Spacing | Position Range | Notes                           |
| ---------- | ------------ | -------------- | ------------------------------- |
| USDC/cbBTC | CL200        | ±10%           | Bitcoin pair, higher volatility |
| USDC/AERO  | CL200        | ±10%           | AERO native token pair          |
| WETH/USDC  | CL100        | ±5%            | ETH pair, moderate volatility   |

All three pools price USDC as one side of the pair. When the agent reallocates, funds move through USDC — no cross-asset exposure is held between reallocation steps.

***

## Effective APR

Each vault's **effective APR** is calculated from the raw gauge emission rate adjusted for position width. A tighter range concentrates liquidity and captures a larger share of both trading fees and gauge rewards per dollar deployed.

The keeper uses effective APR (not raw APR) to determine when reallocation is worthwhile.

***

## Reallocation Trigger

The keeper checks APR every minute. Reallocation triggers when another vault leads by more than **5% APR** across **5 consecutive readings** (\~5 minutes). This filters out short-lived spikes while staying responsive to genuine shifts. After a reallocation, a 30-minute cooldown prevents oscillation.

Only one vault is active at a time — the LP Agent does not split liquidity across multiple pools.

***

## Underlying Vault Mechanics

Each pool is managed by an independent **AerodromeLPVault** contract that handles:

* Minting and staking the CL position NFT in the Aerodrome gauge
* Rebalancing when the price moves outside the tick range
* Compounding AERO rewards and trading fees back into the position

See [LP Vaults — How It Works](/lp-vaults/how-it-works) for full details on position management.