Adjust a Leveraged Yield Farming Position

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.

• Go to the Farm page.

• Connect to your Web3 wallet (such as MetaMask) and make sure your network is set to Polygon. Click here if you do not have the network in your wallet yet.

• Active positions are shown in the Your Positions section.

• Click Add on the position you want to modify.

To add collateral (decrease leverage level):

Why am I unable to add collateral to my position?

At the moment, to succeed in adding collateral, it has to be enough to get your position’s debt ratio to the maximum allowed when opening a new position for that pool. In other words, you have to add enough to get your leverage back up to where you started. We understand the usability of this isn’t great and we’re working on making it more flexible. For the time being though, please take a look at the necessary debt ratio you need for your pool which is listed under Work Factor here

• Enter the amount of collateral you would like to add

  • You may supply any combination of the two assets in the farming pair or supply LP Token directly. 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 change 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.

To borrow more tokens (increase leverage level):

• 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 Farm page.