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How to open a margin trade.

marginTrade

marginTrade opens a leveraged position on the Sovryn Protocol. It can be used to open a new position or modify an existing one.

function marginTrade(bytes32 loanId, uint256 leverageAmount, uint256 loanTokenSent, uint256 collateralTokenSent, address collateralTokenAddress, address trader, uint256 minEntryPrice, bytes loanDataBytes) public payable nonReentrant globallyNonReentrant 
returns(uint256, uint256)

Arguments

Name	Type	Description
loanId	bytes32	The ID of the loan, 0 for a new loan.
leverageAmount	uint256	The multiple of exposure: 2x ... 5x. The leverage with 18 decimals.
loanTokenSent	uint256	The number of loan tokens provided by the user.
collateralTokenSent	uint256	The amount of collateral tokens provided by the user.
collateralTokenAddress	address	The token address of collateral.
trader	address	The account that performs this trade.
minEntryPrice	uint256	Value of loan token in collateral.
loanDataBytes	bytes	Additional loan data (not in use for token swaps). *

Returns

New principal and new collateral added to the position