We revisit the following fractional Schrödinger equation \begin{align}\label{1a} \varepsilon^{2s}(-Δ)^su +Vu=u^{p-1},,,,u>0,\ \ \ \ \R^N, \end{align} where is a small parameter, denotes the fractional Laplacian, , , , , is a potential. Under various decay assumptions on , we introduce a uniform penalization argument combined with a comparison principle and iteration process to detect an explicit threshold value , such that the above problem admits positive concentration solutions if , while it has no positive weak solutions for if , where the threshold can be characterized explicitly by \begin{equation*}\label{qdj111} p_=\left{\begin{array}{l} 2+\frac {2s}{N-2s} \ \ \ \text { if } \lim\limits_{|x| \to \infty} (1+|x|^{2s})V(x)=0,\vspace{1mm} 2+\frac ω{N+2s-ω} \text { if } 0<\inf (1+|x|^ω)V(x)\le \sup (1+|x|^ω)V(x)< \infty \text { for some } ω\in [0, 2s],\vspace{1mm} 2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \text { if } \inf V(x)\log(e+|x|^2)>0. \end{array}\right. \end{equation} Moreover, corresponding to the various decay assumptions of , we obtain the decay properties of the solutions at infinity.

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