> For the complete documentation index, see [llms.txt](https://psy-stablecoin.gitbook.io/psy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://psy-stablecoin.gitbook.io/psy/guides/user-guide/open-trove-mint-usdslsd.md).

# Open Trove（Mint $SLSD）

* Click **Dashboard** in the header.

<figure><img src="https://3614083230-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fy68ZgDeVfe2qzaFuWtmE%2Fuploads%2FNFTT5GtBR8hHjVfdHuI5%2FScreenshot%202023-07-21%20at%2013.35.42.png?alt=media&amp;token=8c425026-fe0e-46e2-9d34-c443b074085f" alt=""><figcaption></figcaption></figure>

* Choose **Borrow** in the page.

<figure><img src="https://3614083230-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fy68ZgDeVfe2qzaFuWtmE%2Fuploads%2FNPXdRIEBCnYczaypeqBg%2FScreenshot%202023-06-09%20at%2012.46.32.png?alt=media&amp;token=689be6bc-5f26-4967-a9b0-d0ca5db6c65a" alt=""><figcaption></figcaption></figure>

* Enter **Collateral** and **Net Debt** you want to borrow. After that, the system will calculate your Liquidation price.

<figure><img src="https://3614083230-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fy68ZgDeVfe2qzaFuWtmE%2Fuploads%2F3Sy1TCPxFjiOmNzHpLpw%2FGroup%201171274763.png?alt=media&amp;token=b5b0d61e-a323-415a-b314-54b13c06d192" alt=""><figcaption></figcaption></figure>

* In the next step, select Approve and Open Trove.

{% hint style="info" %}
You must borrow at least 2,000 $SLSD.
{% endhint %}

{% hint style="info" %}
You are not allowed to open a Trove with a Collateral Ratio lower than 110%. In recovery mode, a Collateral Ratio of 150% is required.
{% endhint %}

* You can check your position on Dashboard page.

<figure><img src="https://3614083230-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fy68ZgDeVfe2qzaFuWtmE%2Fuploads%2FirQtIe1qwrlUQejUnbMl%2Fportfolio.png?alt=media&amp;token=d8372d5f-b73a-4200-8cac-88a8e0e63f12" alt=""><figcaption></figcaption></figure>
