Repay with Collateral
Last updated
Last updated
1) Go to page, select the asset that you want to repay and click “Repay”
2) On the "Repay" card, you will see 2 options to repay your debt: Repay with wallet balance, or Repay with collateral on Tectonic.
Click on the "Repay with collateral" tab
3) Select the amount you want to repay. Then, select which collateral you want to use to repay your debt.
You can choose to repay your loans fully or partially. After inputting the repayment amount, you will see your new borrow and collateral balance and LTV
4) Once ready, click “Repay”, and confirm your transaction on your Wallet
5) Upon successful confirmation, you would have successfully repaid your loan
Note:
You also have the option to choose/customise the slippage tolerance for the swap on VVS Finance: