Manage Your Loan
Managing and Adjusting Your Position
Dashboard Monitoring: Regularly check the dashboard for real-time metrics like Loan to Value (LTV), liquidation thresholds, and health factors.
Collateral Switching: If market conditions change or you want to adjust your risk, switch your collateral by clicking 'Swap Assets'. For instance, switch from a volatile asset like WETH to a stablecoin if you anticipate a market downturn.
Debt Switching: Click 'Swap Debt' to adapt your strategy by changing the borrowed asset. This can be crucial if the interest rates for your current debt asset rise or you foresee a price increase in the borrowed asset.
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