Withdrawing Assets

What if you want to access your original crypto assets? Withdrawing your funds from Amply is also straightforward.

  1. Navigate to the Dashboard Page: Locate your active supply and click “Withdraw”.

  1. Specify Withdrawal Amount: Enter the amount of tokens you want to redeem

  2. Confirm Withdrawal: Review the details and confirm the transaction. You'll receive the equivalent amount of your crypto asset back to your wallet.

Important Considerations:

  • Fully withdraw: If you wish to fully withdraw your deposit, click on the “MAX” button to do so

  • Health Factor > 1: If you have any borrowings, you can only withdraw your assets up till a Health Factor of 1. However, we encourage you to maintain a Health Factor above 3.

  • Forgo Interest: Withdrawing your assets means you'll no longer earn interest on that specific portion.

  • Market Fluctuations: The value of your withdrawn crypto might differ from when you initially deposited it.

By following these steps, you can efficiently retrieve your assets while understanding the potential implications.

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