Your position dashboard is a vital tool for managing and monitoring your leased assets. This guide will walk you through the various sections and features available to help you make informed decisions and maintain a healthy position
Top Section: Position Type and Contract ID
The top section displays the type of position (e.g., long) alongside the last eight symbols of the contract ID for easy reference. An additional button is available for sharing your Profit and Loss (PnL) details on social networks.
Center Section: Navigating the Asset Price Chart
The center section includes toggle icons that allow you to switch between different views, primarily focusing on the asset price chart:
Asset Price Chart
Powered by Nolus Oracle system, the asset price chart shows the current price of the leased asset prominently at the top. Users can adjust the time frame to view price changes over 24 hours, 7 days, 30 days, 90 days, or the maximum available period
Position Balance
This section provides detailed information about your position balance and its USD value, including the size of the down payment, the price per asset for the specific lease, and the liquidation price trigger.
PnL, Health, and Date Opened
PnL, position health, and the date the position was opened are consistently displayed in the center. Users can toggle the PnL view between absolute value and percentage by tapping on it.
Position Health Indicators
Red (LTV > 80%): Immediate action is recommended to safeguard the position
Yellow (LTV 65% - 79%): Regular monitoring of the position is advised
Green (LTV < 65%): The position is in a healthy state
Bottom Section: Key Metrics Overview
The bottom section highlights essential metrics critical for managing your position:
Debt
Displays the amount pending for position closure and covers both the principal and interest, making up the total outstanding debt - for long positions debt is denominated in stablecoins, and for short positions in the shorted asset.
Interest
Shows the monthly interest rate locked during the contract creation
Interest Due
Interest accrues on an 30-day cycle. If the interest isn't repaid, this amount (excluding the principal) will be deducted from the lease position. When the time to interest collection is less than two days, the amount due will be highlighted in yellow. It is advisable to take action to safeguard the position in its entirety. The tooltip provides the remaining time until interest debiting