How to Create a CDP
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Navigate to the Borrow page
Select the synthetic you wish to borrow on the right panel
Choose the collateral assets you want to create your position with
In the example above, one can see quick previews of the Maximum Proportion (MP) and Weight (W) parameters used for determining loan health (see Synthetic Parameters)
Modify collateral amounts to determine a borrowing capacity
Choose a borrow amount by either entering a specific value or using the LTV slider
By default, Safe Mode will be enabled, enforcing a minimum health factor on newly created positions for protection against liquidations. This can be disabled in settings.
Review your borrow action, and click the "borrow" button
By default, since Butane transactions can contain multiple actions (see the section on Action Composability in The Butane Platform), this will add a "borrow" action to your transaction cart. If you are only performing a single action and want to save yourself a few clicks, you can turn off action composability in the settings panel, which will then make the button prompt you to submit the borrowing transaction immediately.