# 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)).

<div data-full-width="true"><figure><img src="/files/PNZ3hkodmgXBp1mfanF7" alt=""><figcaption></figcaption></figure></div>

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

<div data-full-width="true"><figure><img src="/files/OFO8oYQ0vxo1dW3eYFaM" alt=""><figcaption></figcaption></figure></div>

* 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"**.

<div data-full-width="true"><figure><img src="/files/GQWaxBuDGtpcd7tJc4oz" alt=""><figcaption></figcaption></figure></div>


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