Withdraw & Repay
If you want to withdraw your supplied assets from Minterest, you can follow these steps. First, go to the "Market details" page by clicking on the market name. Then, click on the "Withdraw" button and insert the amount you want to withdraw. After submitting the transaction, the tokens will be transferred to your wallet once the transaction is confirmed.
Please note that there must be enough liquidity (could happen due to high borrowing activity) for you to withdraw. If there is not enough liquidity, you will need to wait for more suppliers to provide liquidity or for borrowers to repay their loans.
If you want to repay your borrowed assets on Minterest, you can follow these steps. First, go to the "Market details" page by clicking on the market name. Then, click on the "Repay" button and insert the amount you wish to pay back and submit the transaction. After the transaction is confirmed, the repayment will be registered.
Please note that the amount you owe on your borrowed assets may not match the borrowed amount in your wallet, as the interest rate of borrowing slowly increases your borrow position over time.
There is no set deadline for repaying your loan, but it is important to monitor your health factor as it can decrease over time due to accruing interest. If your health factor drops too low, your deposited assets may become at risk of liquidation.
Last modified 20d ago