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Before you can deposit collateral or borrow on Vanna, you need a Margin Account. Opening one is a one-time on-chain transaction that costs a small network fee.

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Before you start

  • Wallet connected - see Connect Wallet if you haven’t done this yet.

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Steps

1

Go to the Margin tab

Click Margin in the top navigation bar. If you don’t have a Margin Account yet, you’ll see a prompt to create one rather than the usual metrics panel.
2

Click Create Account

Click the Create Account button (or the equivalent prompt shown on screen). A confirmation modal opens showing you what the transaction will do and the estimated network fee.
3

Review the agreement

Read the terms shown in the modal. This includes acknowledging the liquidation risk - if your Health Factor drops to 1.1×, your account can be liquidated. Check the checkbox to confirm you have read and understood the terms before you can continue.
4

Sign the transaction

Click to proceed. Your wallet opens a confirmation prompt. Review the fee and transaction data, then confirm and sign to broadcast it.
5

Account created

Once the transaction is confirmed, the Margin tab updates and displays your account’s metrics panel. You’ll see your Health Factor, Net Available Collateral, and Collateral Left Before Liquidation. Your account starts with no collateral and no debt.

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What happens next

Your Margin Account is now live and ready to use. The next step is to deposit collateral so that you have borrowing capacity.