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Repaying Your Loan

Repaying borrowed assets is simple and flexible. You can repay at any time, in any amount.

Steps to Repay

  1. Go to the Borrow page.

  2. Select the borrowed asset you want to repay.

  3. Switch to the Repay tab.

  4. Enter the amount you want to repay.

  5. If this is your first time repaying that asset, approve the token when prompted.

  6. Confirm the repayment in your wallet.

Repayment Options

  • Partial repayment: Pay back part of your loan. This reduces your interest accrual going forward.

  • Full repayment: Pay back the entire loan plus all accrued interest. This frees up all the collateral tied to this borrow.

Interest Keeps Accruing

Interest continues to accrue on your borrowed balance every block until you fully repay. The longer you wait, the more interest you owe.

Increase Your Borrowing Power

After you repay, your available borrowing power increases again. This gives you more room to borrow additional assets if needed.

Tips

  • Check your current interest rates before planning your repayment.

  • Repay more frequently to reduce total interest paid.

  • Consider repaying when interest rates are high.

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