# Open FXD position
To open an FXD position, follow the steps below:
* Go to Fathom [DApp](https://dapp.fathom.fi/).
* Connect your Web3 wallet (such as [MetaMask](https://metamask.io/)) and make sure your network is set to the intended chain (i.e., [XDC](https://chainlist.org/chain/50)).
* Select your desired collateral pool in "**Available Pools"**.
* Click "**Open Position**"
* Enter the amount you would like to provide as collateral.
* Enter the amount of FXD you would like to borrow.
* You can also click "**Safe Max**" to borrow the maximum amount of FXD that can be considered relatively safe at the current moment.
* Note that when you take out an FXD loan, during market volatility for your collateral assets, you should monitor the Safety Buffer because if it drops to 0 and lower, your position may be liquidated.
* Click "**Open this Position**"
* If this is your first time opening an FXD position:
* The first transaction will be the creation of proxy wallet. Only the second transaction will be the position opening itself.
* You may be required to approve the collateral transfer before the actual transfer (depending on the collateral type).
* Sign and send the transaction in your Wallet.
* Wait for the transaction to be processed.
* Once the transaction has gone through, you'll see your FXD position in "**Your Positions"** on the same page below "**Available Pools"**.
