Partially Repay Borrowed GARD
Users can pay back their borrows with interest.
Last updated
Users can pay back their borrows with interest.
Last updated
If a user wishes to withdraw their collateral they must first return the GARD they have borrowed plus any interest that they may have accrued. If for whatever reason a user wishes to repay the borrowed amount over time or simply to lower the liquidation threshold of their collateral they may do so at any time utilizing our new partial repayment option.
To repay their borrowed GARD a user must go to the "borrow tab" and then click on "Manage Position."
Once on the management tab, a user can enter in how much of their loan they'd like to repay under "repay position" or repay the position in its entirety and close out the position by clicking "repay position." If a user doesn't have ample GARD they may either swap for more GARD as described here or mint more from a separate CDP as outlined here.