# 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


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