> For the complete documentation index, see [llms.txt](https://docs.yeti.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.yeti.finance/using-yeti-finance/borrowing/opening-a-trove.md). # Opening a Trove ## **Depositing Collateral and Borrowing YUSD** Head over to to get started. ![](/files/MyNP5jWkgidKdA7s97yK) To open your Trove, Click **Add Collateral Type** ![](/files/zBx3qofISpsfDJNdgRmb) A modal will popup with different collateral types that you can deposit onto Yeti Finance as well as the associated **Safety Ratio** and **Wallet Balance**. ![](/files/1mNxhAtX8kMw0NLO3e5j) Across the top, you will see: * **Token -** The name of the tokens you can use as collateral to borrow YUSD. * **Safety Ratio -** This is related to how risky a collateral is. Stablecoin collateral will have a ratio of between 1 and 1.1 while all non-stablecoin collaterals will have a safety ratio between 0 and 1. Higher-risk collaterals have a lower safety ratio and are given a lower weight when calculating the risk adjusted value of your trove. * Risk Adjusted Value = Safety Ratio \* Price \* Collateral Amount. * More details [here](/other/definitions.md). * **Wallet Balance -** The amount of each collateral type you have in your connected wallet. ### Adding Collateral Types To add a collateral type, select the collaterals you want to add to your trove, and click **Add**. ![](/files/kvwIK2PYxCK85ZNPswVS) ### Adjusting Your Trove ![](/files/FbZAD3mS4hEOQvOs0Lqk) Now, you can see the addition of your **Deposit Fee**, **APY**, **Wallet Balance, Actions,** and **Adjusted Trove Amount** for each collateral type you have added. * **Deposit Fee** - This represents the approximate one-time fee that the protocol will charge for depositing collateral into Yeti Finance. This is separate from the one-time borrowing fee which is assessed on YUSD debt. At launch, all collateral deposit fees will be 1% until enough assets have backed the system. More info about fee specifics for each collateral can be found [*here*](/using-yeti-finance/borrowing/variable-deposit-fees.md). * **APY** - The estimated annual percentage yield gained from depositing yield bearing assets. You will still earn the estimated APY from your yield-bearing tokens that are deposited in your Trove! For non yield-bearing tokens, the APY will say N/A. * **Actions** - The column to adjust the amount of each collateral you want to put in your trove. Click between the deposit and withdraw buttons and enter the necessary amount. * **Adjust Trove Amount** - The amount of each collateral your Trove would have after adjustments. ### How to use the Actions Column Use the Actions column to adjust how much of each collateral you are willing to deposit or withdraw. **Press the green 'Deposit' button for deposits and the red 'Withdraw' button for withdrawals** (i.e the picture below shows a case where $1500 is being withdrawn for the top collateral type and $1,500 is being deposited the bottom collateral type) ![](/files/uCGSN8pJFVT3eE9AmqKm) To borrow or withdraw YUSD, use the **Actions** column to adjust the borrow amount and click **Confirm Changes** on the bottom right of the site. ![](/files/AtuSWIgPoWdfQNglDw38) **New Risk Adjusted Value** and **New Collateral Ratio** are there to visually represent what your updated value of your Trove weighted by risk would be, as well as the ratio between the risk-adjusted value of your Trove over your debt in YUSD. Keep in mind that in order to open a Trove, **you must borrow a minimum of 2000 + fees in YUSD** ### Confirming Changes Once you click **Confirm Changes**, another modal will pop up like the image below. ![](/files/WfJD0qQwhcvNmLnF58Uw) It's a quick summary that displays the collateral types and the respective amounts that you're depositing/withdrawing, how much YUSD you are borrowing/repaying, and all the fees associated with this process. Be sure to read and check the two statements before you approve of the changes! When you're ready, click **Confirm** to finish the borrowing process. To learn more about how to manage your trove after opening it, head over to [Managing Your Trove](/using-yeti-finance/borrowing/managing-your-trove.md).