Adjust an AUSD Position

Next to your active AUSD positions, you can use the Adjust button to add collateral or borrow more AUSD. This step-by-step guide shows you how to do both.
Go to the Portfolio page and click on the AUSD sub-menu at the top
Connect to your Web3 wallet (such as MetaMask). Make sure your network is set to intended chain (i.e. BNB chain, Fantom)
Active positions are shown on the page. Click "Adjust" on the position you want to modify
To add collateral:
Specify whether you'd like to supply the base asset (e.g. BUSD) or ibToken (e.g. ibBUSD) as collateral
If you supply the base asset, Alpaca Finance will convert it into the ibToken for you
Enter the amount of collateral you would like to add
To apply the adjustments, click "Supply". You should get a pop-up notification in your MetaMask to accept the transaction
Wait for the transaction to be processed
Once the transaction has gone through, you'll see your updated AUSD position on the Portfolio page
To borrow more AUSD:
Note your current Safety Buffer level before adjusting the position
Check the Borrow More? box
Insert how much AUSD you would like to borrow 
You can also click "Safe Max" to borrow the maximum amount of AUSD allowed (with relatively safe parameters)
Click "Borrow"
After clicking "Borrow", you should get a pop-up confirmation in your Web3 wallet to accept the transaction
Wait for the transaction to be processed
Once the transaction has gone through, you'll see your AUSD position on the Portfolio page

Open an AUSD Position

Close/Partially Close an AUSD Position

Last modified 1yr ago