> For the complete documentation index, see [llms.txt](https://guides.instadapp.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guides.instadapp.io/protocols/liquity/how-to-open-a-trove-and-borrow-lusd.md).

# How to open a Trove and borrow LUSD

Enter the Liquity Panel find it under Protocols:

![](/files/h9nRxw35zW7vSyBCiRPe)

Click **Open Trove** to begin. This will open the side panel where you can enter your Trove details. 

![Opening a Trove will always generate accompanying Debt in the process](/files/ZPQziP6LICw4gvzXGxvO)

Liquity similar to MakerDAO has a **LUSD Debt Minimum**, for Liquity Troves you must borrow up to **2000 LUSD** and *similarly you cannot owe the protocol less than 2000 LUSD*. Liquity also takes adds some additional debt which is returned, see below.

!['Using Liquity you can secure a $20,000 LUSD loan paying only 0.5% in the borrowing fee!'](/files/0RDmqZRpGwpUK7yfwlCE)

{% hint style="info" %}
Liquity limits each Ethereum address to one Trove. If you would like to have multiple Liquity positions; you can create additional DSA accounts.
{% endhint %}

### Trove Details

![The position contains 200 LUSD Debt which is not required when closing the Trove.](/files/iurOeH2tzlzbF1Sj7NOj)

**Liquidation Reserve:** The Liquity Protocol requires all troves leave a gas reservation of 200 LUSD this is only used in the case of a liquidation, this is returned when you close the Trove.

**Borrow Fee:** Liquity borrowers pay the borrowing fee upfront resulting in an interest free loan. This amount is added to your debt whenever you mint LUSD.

**Total Debt:** This is the total debt in the position including the Liquidation Reserve and the Borrowing Fee.

![After creating your Trove find newly minted LUSD in your DSA Balance](/files/vP7Qm5xu3GSaaGcoHMEy)