πŸ”Asset Management Actions (Repay & Withdraw)

Once you’ve supplied or borrowed assets, you can manage your open positions using the Repay and Withdraw functions.

  • Repay β†’ pay back borrowed assets to reduce or close your debt.

  • Withdraw β†’ take out your supplied assets when you no longer want them earning yield or being used as collateral.

Why it matters

  • Repaying protects you from liquidation risk if markets move against your collateral.

  • Withdrawing lets you unlock funds you previously deposited.

  • Managing positions is key to keeping your account healthy and flexible.


Repay

How to use it

  1. Open Supply & Borrow tab.

  2. Under Manage Liquidity, select Repay.

  3. Enter the amount you want to repay (or click MAX to repay all).

  4. Confirm transaction:

    • Native markets β†’ repayment happens directly on Nibiru.

    • Cross-chain Compound markets β†’ assets are bridged and repaid into Compound automatically (~2–5 minutes).

  5. Your outstanding debt decreases in My Position.


Withdraw

How to use it

  1. Open Supply & Borrow tab.

  2. Under Manage Liquidity, select Withdraw.

  3. Choose the token you want to withdraw.

  4. Enter the amount (up to your available supply).

  5. Confirm transaction:

    • If the asset is still acting as collateral, ensure you maintain safe collateralization levels after withdrawing.

    • Withdrawing too much collateral can trigger liquidation risk if you still have active borrows.

  6. Tokens will appear back in your connected wallet.


Key Risks & Safeguards

  • Repaying early β†’ reduces interest costs and improves account health.

  • Partial withdrawals β†’ safe as long as borrow capacity remains above requirements.

  • Over-withdrawal β†’ may lower your collateral below the liquidation factor, leading to liquidation.

  • Cross-chain repayments/withdrawals β†’ require bridge time (2–5 minutes).


βœ… Key Takeaway

  • Repay to reduce or close your borrowing obligations.

  • Withdraw to reclaim your supplied collateral.

  • Always track your borrow capacity and collateral factor before withdrawing to avoid liquidation risk.

Last updated

Was this helpful?