# CARDANO LP
| Key | Value |
| ----------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Wallet group | Select a wallet group from those present in the drop-down list. |
| Wallet | Select a wallet that will be used in the task. |
| Pool | Select the pool from the list. |
| Policy ID | Policy ID of the target token. |
| Token name (cbor) | Cbor encoded token name. You can find it on the cardanoscan token page. |
| Decimals |
Decimals of the target token. You can find it on the cardanoscan token page. If its not here, set 0.
|
| Action | BUY/SELL. |
| Amount | Amount of ADA in case of buying or amount of the token in case of selling. |
| Price | Rate TOKEN/ADA from which the minimum token receipt will be calculated. |
| Monitor | Select monitor type from the list. |
| Min liquidity | Filter to filter out pools with lower liquidity. Works with ONCHAIN and BUFFER + ONCHAIN monitors. |
| Custom API | Optional field. |
{% hint style="info" %}
For a more detailed and up-to-date setup of the task, check the appropriate text channel on our Discord server.
{% endhint %}
### Token price
#### **Buying**
Lets say you want to buy JELLY tokens for 10 ADA and current exchange rate is 5 JELLY tokens for 1 ADA or 0.2 ADA per JELLY token.\
So you need to setup a task with the following parameters.\
\&#xNAN;*Amount = 10*\
*Price = 0.2*\
With these parameters a transaction will "say" to the pool contract that it want to swap 10 ADA for JELLY and receive **at least** 5 JELLY. As you can see there is no slippage or other parameters, all you need is price and amount, just adjust the values according to the desired result.
{% hint style="info" %}
During a liquidity pool sniping its advised to setup a less higher price of buying to make your tx go through.
{% endhint %}
### Monitors
#### Instant
This type of monitor will send a transaction once you start the task. DECIMALS and TOKEN NAME fileds must be filled in.
#### Buffer
This type of monitor will be monitoring your clipboard for a target policy ID. As soon as it find the policy in your clipboard the transaction will be sent. DECIMALS and TOKEN NAME fileds must be filled in. POLICY ID filed must be empty.
#### Onchain
This type of monitor works with Tokenizers internal onchain monitors. Once a creating liquidity pool transaction is appeared in the blockchain, the transaction will be sent. DECIMALS and TOKEN NAME fileds must be filled in.
#### Buffer + Onchain
The most tricky monitor option. This type of monitor will be monitoring your clipboard for a target policy ID. As soon as it find the policy in your clipboard the task will request the latest created pool from internal Tokenizer monitor. A transaction will be sent only if the policy ID that you copied was found in the latest creation pool transactions. DECIMALS and TOKEN NAME will be set up automatically so you can leave these fields empty.
#### Onchain filter
This type of monitor works with Tokenizers internal onchain monitors. Once a creating liquidity pool transaction is appeared in the blockchain and MIN LIQUIDITY > pools liquidity, the transaction will be sent. POLICY ID, DECIMALS and TOKEN NAME fileds must NOT be filled in.
#### Table of pool compatibility and options
