Manage Positions
Rodeo allows users full control over their positions, in a simplified, intuitive manner
Rodeo makes it easy to get an overview of your current Farm positions, ROI, and Position heath from the position page. Users can easily manage and adjust their individual positions
Navigate to the Positions Page
Click on the individual position you would like to adjust
Users are able to manage their position through 4 distinct actions
Borrow more
Decrease debt
Add collateral
Close position
3) Reduce Leverage - By Returning Borrowed Funds
Under the Withdraw Tab
- Slide the leverage bar or input the desired leverage amount in the entry box field
- Click on the Adjust Position Button, you will be prompted to sign the transaction
- This will DECREASE your leverage by paying back a portion of the borrowed funds, thus reducing the ratio of collateral vs borrowed (improving your position health factor)
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4) Withdraw Funds from Position (Close position)
Under the Withdraw Tab
- Click the MAX or 100% buttons
- Click on the Adjust Position Button, you will be prompted to sign the transaction
- This will CLOSE POSITION, by paying back borrowed funds and Rodeo performance fee, your funds will be returned to your wallet as USDC
- Your position will be removed from the active positions and will appear in the closed position tab
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