> For the complete documentation index, see [llms.txt](https://docs.cian.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.cian.app/bondify/for-users-quick-start/getting-started/migrate-an-external-position.md).

# Migrate an external position

1. **Migrate.** Connect your existing Aave or Morpho position (single collateral, single debt), set a target LTV, and confirm. Migration is atomic in one transaction, and the position then behaves like a native looping position.

<figure><img src="/files/TzEbwR1w8G15sSeyZhy9" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/JDYoSn62X0vfRhyloNSB" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/xVxlY5sMa1ubYJDii9N9" alt=""><figcaption></figcaption></figure>

2. **Issue YT.** List YT from the migrated position, setting your floor and valid-until.

<figure><img src="/files/sWUYGHJ1iNZHpoIPmP5t" alt=""><figcaption></figcaption></figure>

3. **Cancel remaining.** Cancel the unfilled portion anytime before it fills.

<figure><img src="/files/ZFTduSTm1GTsHiG641G9" alt=""><figcaption></figcaption></figure>

4. **Buy back.** Buy back the full issued amount to restore your yield rights.

<figure><img src="/files/DxPOdXcdYJxI20mWfQYN" alt=""><figcaption></figcaption></figure>

5. **Track positions.** View the migrated position and its YT listing under My Positions.