Top Up FXD Position
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Last updated
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You can use the Manage Position functionality to Top Up Position. This may be done to manage the position risk, or to borrow more FXD.
Go to Fathom .
Connect your Web3 wallet (such as ) and make sure your network is set to the intended chain (i.e., ).
Opened positions are shown in "Your Positions". Click "Manage Position" on the position you want to top up.
Enter the amount of collateral you would like to add to position.
If you want to borrow more FXD - enter the amount of it.
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"
You may be required to approve the collateral transfer before the actual transfer (depending on the collateral type and previously approved value).
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 adjusted FXD position in "Your Positions" on the same page below "Available Pools".
