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