Once you have selected a token to LP with, you need to choose a good pool.

Things you will need to consider:

Brand new tokens can very very volatile and some drop in price quickly. It is better to select a pool with a higher Bin Step and Base fee to be able to cover a large range or collect enough in fees to offset any losses.

Such as 250/5% - 200/5% - 125/5%.

As time passes and more pools are created throughout the market, you may need to move to a lower bin step or base fee pool in order to continue to attract swaps to your liquidity.

Such as 100/2% - 100/1% - 80/1% - 80/0.8%.

The longer a token exists and the more TVL there is amount various pools, you may need to move to even smaller, such as 20/0.2% - Usually once a token price is a bit more stable

Project tokens, Stables, Liquid Staking tokens and other older tokens tend to have a high overall Market Cap and TVL. They do not perform well with high bin step or high fee pools.

Generally these do better with 50, 20, 10, 5 and even 1 Bin step pools, depending on the token, number of pools and what the token is.

In general terms, when searching for a pool, the app will display the top 3 choices for a pool. While the first one is usually a good choice, sometimes you may find another is better, or one that is more suited to your risk appetite. Be wary of pools that have no liquidity in them or extremely low TVL.

Often such pools do not perform well, or their time has passed at being the optimal choice.