# Managing Liquidity Pools with Custom Tokens

1. Once you log onto Common, go to the "Pools" tab.

<figure><img src="/files/LW3vjzem8L3VLPGDwMJl" alt=""><figcaption></figcaption></figure>

2. Access the drop-down menu found in the "Add" button and choose "Add pool to view"

<figure><img src="/files/DYGzzOP3famVmMHIHqWm" alt=""><figcaption></figcaption></figure>

3. A window will pop up where you can choose the new token pair for which you want to create a liquidity pool.

<figure><img src="/files/kMzWyXODRJQFS1UhsS35" alt=""><figcaption></figcaption></figure>

4. In this example, our first token will be LUV.

<figure><img src="/files/3NMxSqKoQFIWMuih4wsJ" alt=""><figcaption></figcaption></figure>

5. Next, we choose our second token.

<figure><img src="/files/c9jrPWoPs0MW2SJuRIch" alt=""><figcaption></figcaption></figure>

6. To find a token pair that Common was not whitelisted, we type its smart contract address into the search bar. For this example, we'll use TGL.

<figure><img src="/files/mU9X9Xp0bQRNOYxyp1rw" alt=""><figcaption></figcaption></figure>

The UI  will warn you, ensuring you understand the risks of importing custom tokens, if you are ready to proceed click "Accept & Import."

<figure><img src="/files/HZ1yaWGyD94go2jzNd9N" alt=""><figcaption></figcaption></figure>

7. Once we choose both tokens, we will see information telling us whether or not the pool is already on the list. A pool can either:&#x20;

* Exist and be whitelisted - you can already find it in the list of pools,&#x20;
* Not exist and needs to be created - the UI will give you the option to create it by putting first liquidity into that pool.&#x20;
* Exist and not be whitelisted in Common. In this case, you can add it to the UI locally!&#x20;

Once this step is completed, we can proceed with adding liquidity to the pool as part of the creation process. Learn more about adding liquidity in the chapter "Common Guide: Explaining Liquidity Pools."

<figure><img src="/files/TnsnpYN7mHAV3CHG1sLR" alt=""><figcaption></figcaption></figure>


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