Adjust a Leveraged Yield Farming Position
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Last updated
Last updated
Next to your active farming positions, you can use the Adjust Position tool to add collateral or borrow more tokens. When you add collateral, your leverage level will decrease. When you borrow more tokens, your leverage level will increase. This step-by-step guide shows you how to do both.
You can also decrease your leverage level without adding collateral by partially closing your position with our partial close tool. Similarly, if you would like to increase your leverage level without borrowing more tokens, you can also achieve this by partially closing your position.
Go to the Portfolio page
Connect to your wallet (such as MetaMask). Make sure your network is set to intended chain (i.e. BNB chain, Fantom)
Active positions are shown in the Your Positions section. Click Adjust on the position you want to modify
Enter the amount of collateral you would like to add
You may supply any combination of the two assets in the farming pair. Our smart contract optimally converts your deposited assets to get an equal value-split to supply the farming liquidity pool
When you enter a number, you can see how your Debt Ratio and leverage level changes in the metrics below
To apply the adjustments, click Adjust Position. 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 farming position in the Your Positions section of the Farm page
Note your current(initial) leverage level before adjusting the position
Click Borrow More?
Use the slider or enter a number to adjust your leverage level. It must be higher than your initial leverage level
If you adjust the leverage level below the initial leverage, you will be prompted to add collateral
To apply the adjustments, click Adjust Position. 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 farming position in the Your Positions section of the Portfolio page
