Managing your borrow position

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How to manage your position

Users can manage their position or close their position at any time. To avoid liquidaton or redemptions against your position, you must ensure that you have a healthy collateralization ratio and healthy interest rate.

To manage your position, find your position in the borrow page, and click on the manage button on the right.

Option 1: Add Collateral

Users can deposit more collateral into their position if they want to increase the health of their position or borrow more feUSD.

Option 2: Withdraw Collateral

Users can withdraw collateral if they would like to use their assets for other activities. Users can remove as much as they want, in so far as the minimum collateralization ratio is maintained.

Option 3: Borrow More

Users can borrow more feUSD to engage in additional financial activity. Users can borrow as much feUSD as they want, in so far as the minimum collateralization ratio is maintained.

Option 4: Repay Borrow

Users can repay their feUSD to increase the amount of outstanding debt in their position. All active positions must have at least 2000 feUSD oustanding. If you would like to repay all your debt, simply close your position instead (see below).

Option 5: Close Position (AKA Trove)

Users can close their position to clear their outstanding feUSD debt and withdraw their collateral from the protocol. To close your position, users must pay off the outstanding feUSD debt, which is your borrowed amount and any additional interest added to the debt balance. Select the Close Trove option to close your position.