# Automated Liquidity Managers (ALM)

DragonSwap has integrated automated liquidity management such as Steer Protocol, directly into our UI. This feature allows users to provide liquidity to select concentrated liquidity (CL) pools, also known as smart pools, without the need for active position management.

### **How Auto Liquidity Works**

Unlike standard CL positions, auto liquidity operates through strategies rather than individual positions. Here’s what you need to know:

* No Traditional Positions - Auto liquidity doesn’t rely on standard CL positions. Instead, deposits are managed through strategies (also called vaults), which optimize liquidity based on predefined parameters.
* Strategy-Based Pools -  Supported pools operate through strategies rather than manual position placement. These strategies function similarly to traditional DragonSwap V1 pools.
* LP Tokens Represent Your Share -  When you deposit into a strategy, you receive an LP token representing your share of the pool.
* Withdrawals Work Differently — When withdrawing, you return your LP token in exchange for your corresponding percentage of the pool’s assets. This process is handled through the strategy’s dedicated withdrawal modal.

### Where to View Your Auto Liquidity Deposits

Since auto liquidity positions don’t function like standard CL positions, their visibility in the UI is different.  After depositing into a strategy, the related pools will appear in the “My Pools” tab on the Pools page. Unlike traditional positions, auto liquidity deposits won’t appear under the Manage Liquidity section on a single pool page since they aren’t considered individual positions. 

### Why Use Auto Liquidity?

Auto liquidity strategies simplify LPing by removing the need for active management. Instead of manually adjusting positions as the market moves, you can choose a strategy and let automation handle it for you. 

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