> For the complete documentation index, see [llms.txt](https://docs.virtue.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.virtue.money/position-management.md).

# Position Management

This guide walks users through managing a Collateralized Debt Position (CDP) on Virtue.

### Open a CDP

1\. Connect your wallet on app.virtue.money

2\. Select a supported collateral type (e.g., stIOTA)

3\. Enter deposit amount and mint VUSD

4\. Confirm and submit the transaction

### Monitoring Your Position

• Keep an eye on your CR (Collateral Ratio)

• Avoid dropping below the MCR(Minimum Collateral Ratio) to prevent liquidation

• You can add collateral or repay VUSD to increase your CR at any time

### Closing a CDP

• Repay all outstanding VUSD (including any interest)

• Withdraw your full collateral balance