Repaying Loans
Last updated
Last updated
To avoid liquidation and protect your collateral, it's essential to repay your borrowed assets.
Navigate to the Dashboard Page: Locate your active loan and click “Repay”.
Specify Repayment Amount: Specify the amount of the borrowed asset you want to repay.
Confirm Repayment: Once confirmed, the transaction will process, and your loan balance will be reduced accordingly.
Key Points:
Partial or Full Repayment: You have the flexibility to repay your loan in full or in parts.
Do note that if you wish to fully repay, you will need to click on the “MAX” button
Interest Management: Regularly repaying interest helps maintain a healthy loan-to-value (LTV) ratio.
