Skip to main content

How to Repay and Withdraw Borrowed Assets

Step 1: Access the Portfolio​

  • Navigate to the Portfolio section from the main dashboard.
  • In the Active Loans list, locate the loan you wish to close.
  • Click on the Manage button corresponding to that loan.

Step 2: Close the Loan​

  • Once in the loan details view, click on the Close Loan button.
  • A new prompt will appear showing the loan details and available options.

Step 3: Repay and Withdraw​

  • Select the Repay Position option. This will automatically calculate the amount required to repay the loan, including any interest or fees.
  • Below, you'll see the assets available for withdrawal (e.g., USDC or WETH).
  • Confirm the repayment and withdrawal by clicking on the Repay and Withdraw button.

Step 4: Confirm in MetaMask​

  • You will need to approve the transaction in MetaMask to proceed with repayment and withdrawal.
  • After confirmation, the system will process the repayment, and the collateral will be returned to your wallet.

Step 5: Final Confirmation​

  • Once the transaction is successful, a confirmation message will appear stating: "Protection canceled. The loan has been repaid, and your assets are now in your wallet."
  • Click Okay to finish the process.
  • The collateral and borrowed assets will be accessible in your connected wallet.
  • You can check the transaction hash for verification in the History section.