How to Create a CDP
Select a synthetic asset.
Click on Collateral Assets and choose the token/s you wish to use as collateral.
Insert the desired number of tokens you wish to use as collateral.
Drag the scale to adjust the number of synthetic tokens you wish to mint, or enter a specific amount in the input field.
After you finish adjusting the CDP parameters, click on Create CDP.
You can double-check the transaction details, which will appear on the right side of the screen.
Note: You can repeat the procedure and set up multiple actions with different assets and parameters before you submit your transaction.
Click on Complete Transaction.
You will be prompted to sign and submit the transaction with your connected wallet. After submitting, your position will appear under the Portfolio tab.
The Open status will indicate when your position is live on-chain.
Last updated
