> For the complete documentation index, see [llms.txt](https://nukemloans.gitbook.io/nukemloans/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nukemloans.gitbook.io/nukemloans/nukem-loans-beta-dapp/leveraged-positions.md).

# Leveraged Positions

Leverage loan up to 10x.

**Leverage** section is accessed in NUKEM LOANS interface:

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2Fyw3zgdemEOpGDhQX3eom%2F5gw5h24hjq.png?alt=media&amp;token=29b969f8-a21e-47e5-932c-685abf42952d" alt="" width="519"><figcaption><p>Leverage section</p></figcaption></figure>

Once selected, the next interface is presented:

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2FnVkw0wiQbIPGuGpRW8Tp%2Fg345g53gh6.png?alt=media&amp;token=f7713042-4830-46af-bcec-e89085d511a5" alt="" width="395"><figcaption><p>Leverage section</p></figcaption></figure>

Here, users can choose the collateral asset and amount they want to use for their leveraged borrowing position, along with the asset and amount of debt they want to withdraw. By choosing collateral and debt assets, Users are essentially selecting the market from which they wish to withdraw a loan.

* *'I will deposit'* - choose your collateral asset and amount
* '*I will leverage*' - choose the debt asset and move the slider in order to select the amount of debt you want to withdraw

Before initiating the leveraged loan, users can check the Transaction Info, which provides a representation of collateral and debt amounts before and after the transaction. The most crucial metric, **Loan-To-Value** (LTV), is displayed below this information and represents the ratio between collateral value (margin) and outstanding debt. If the LTV reaches the liquidation threshold point, the position will be auctioned for the liquidation process.

<figure><img src="https://2037880979-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FTz1DtBGUcpuhpSKPaTV0%2Fuploads%2Fjj2NA9sCatNyjWpESWWH%2Fbgerbene.png?alt=media&amp;token=71719248-a15b-4780-8d08-2c1c65935125" alt=""><figcaption><p>Example: position is open with ~5.02 USDT of collateral and 18.68 USDT debt, resulting in 372% in LTV ratio</p></figcaption></figure>

### Initiating the Leveraged Loan

Leveraged Loan is initiated in a same way as all other actions on the Nukem Loans plaform:

* Click on **Approve** button
* **Sign** the signature request in the Metamask
* Click on **Borrow** button
* Confirm the transaction in the Metamask pop-up by clicking on **Confirm** button

Congrats! You have initiated your first leveraged loan on Nukem Loans platform!
