> For the complete documentation index, see [llms.txt](https://docs.fathom.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.fathom.fi/fxd-stablecoin/user-guides/open-fxd-position.md).

# 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)).

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* Select your desired collateral pool in "**Available Pools"**.
* Click "**Open Position**"

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* 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"**.

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