2. Click on the selection tool
and look at the top and change Feather to 20 px, shown below:
3. Now, click on the bottom of the PSD, by holding the mouse button, drag it to the other side of the PSD. You can notice it’s making a rectangle.
When you let go of the mouse button, don’t freak out, you can notice the rectangle turns curve, like shown below:
4. Now hit Backspace/Delete on your keyboard a few times until you like it. Then go to Select > Deselect. If there is a few things the selection tool missed to delete just click on the Delete Tool
and delete the missed spots.
5. Finally, you have your PSD faded. –Karina