> For the complete documentation index, see [llms.txt](https://palm-finance.gitbook.io/oldversion/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://palm-finance.gitbook.io/oldversion/using-palm-finance/borrowing/open-an-asset-portfolio.md).
# Open an Asset Portfolio
his page will explain how to open Asset portfolio and borrow PUST
## **Deposit Collateral and Borrow PUST**
To open your Asset portfolio, Click **Add Collateral Type**
A modal will popup with different collateral types that you can deposit onto Palm Finance as well as the associated **Safety Ratio** and your **Wallet Balance**.
Across the top, you will see:
* **Token -** The name of the tokens you can use as collateral to borrow PUST.
* **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 Asset portfolio.
* **Risk Adjusted Value (RAV)**= Safety Ratio \* Price \* Collateral Amount.
* **Wallet Balance -** The amount of the token that you have in your connected wallet.
### Add Collateral
Select the tokens you want to add to your Asset Portfolio as collaterals, and click **Add**.
### Adjust Your Asset Portfolio
* **Deposit Fee** - This represents an one-time fee that the protocol will charge for depositing collateral into Palm Finance. This is separate from the one-time borrowing fee which is assessed on PUST debt. At launch, all collateral deposit fees will be 1% until enough assets have backed the system.
* **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 Asset portfolio! 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 Asset Portfolio. Click between the deposit and withdraw buttons and enter the necessary amount.
* **Asset Portfolio after adjustment** - The amount of each collateral your Asset Portfolio 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 'Deposit' button for deposits and the 'Withdraw' button for withdrawals** (i.e the picture below shows a case where $1000.2039 is being deposited.)
To borrow or withdraw PUST, use the **Actions** column to adjust the borrow amount and click **Confirm Changes** on the bottom right of the site.
**New Risk Adjusted Value** and **New Collateral Ratio** are there to visually represent what your updated value of your Asset Portfolio weighted by risk would be, as well as the ratio between the risk-adjusted value of your Asset portfolio over your debt in PUSD. Keep in mind that in order to open a Asset Portfolio, **you must borrow a minimum of 2000 + fees in PUST**
### Confirming Changes
Once you click **Confirm Changes**, another modal will pop up like the image below.
It's a quick summary that displays the collateral types and the respective amounts that you're depositing/withdrawing, how much PUST 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.