Repay and Withdrawal
Last updated
Last updated
Repaying uTokens is crucial for managing user positions. Users can repay with the same tokens they borrowed, reducing the , preventing liquidation, and ensuring safe collateral withdrawal.
Hoenn allows users to withdraw their collateral based on their outstanding uTokens and the ability to maintain a safe LTV ratio. When withdrawing with an active mint position, keeping a healthy ratio is essential to avoid liquidation. Reducing collateral increases the liquidation risk, so users must ensure their account remains above the after the withdrawal.
Users can withdraw their collateral from Hoenn at any time, with no limitations.