# Repaying Loans

#### Repaying Outstanding Loan Amounts <a href="#repaying-outstanding-loan-amount" id="repaying-outstanding-loan-amount"></a>

{% hint style="info" %}
Repay operations require granting an approval for the market to spend tokens on your behalf before triggering the repay. You'll execute two transactions: a spending approval and a repay confirmation.
{% endhint %}

> For these next steps, we'll be interacting with **Taiko**'s & **Morph**'s explorer using both $**USDC**'s market or token address:

* **Market address on Taiko**:\
  \&#xNAN;**`0xF89B01fa87a3E51BDA2dA67154Ea35A3F84eC373`**
  * **Token address**:\
    \&#xNAN;**`0x07d83526730c7438048D55A4fc0b850e2aaB6f0b`**
* **Market address on Morph**:\
  \&#xNAN;**`0x793ce6AC5112DA5Db9C046848af99C749e14b1A4`**
  * **Token address**:\
    \&#xNAN;**`0xe34c91815d7fc18A9e2148bcD4241d0a5848b693`**

{% hint style="info" %}
Before triggering the repay, make sure you have enough tokens in your wallet to cover the outstanding loan plus accrued interest.
{% endhint %}

***

#### Providing an Approval

1. Locate the contract address for **the token** associated with your desired market in the smart contracts list provided in this guide.
2. Visit [Taiko](https://taikoscan.io)'s or [Morph](https://explorer.morphl2.io)'s blockchain explorer and input **the token contract address** chosen on the page's search field:<br>

   <figure><img src="/files/yvoTF4n60D6Ja5ZDqAUR" alt=""><figcaption></figcaption></figure>
3. Go to the **Contract** section, open the **Write as Proxy** or **Write proxy** tab, then click **Connect to Web3** or **Connect wallet**:<br>

   <figure><img src="/files/IN1becrlaRAVNFwuB6CI" alt=""><figcaption></figcaption></figure>
4. Select the blockchain wallet you're using — after that, your wallet will display a browser pop-up asking you to connect to Taiko's or Morph's explorer.
5. Once connected, scroll down and choose the `approve` function.
6. Paste **the market contract address** of the market associated with your desired token into the `spender` input field.
7. To ensure the entire borrow amount is repaid, it's recommended to enter the following string in the `value (uint256)` input field:\
   \
   \&#xNAN;**`115792089237316195423570985008687907853269984665640564039457584007913129639935`**

   \
   This is the maximum value for `value (uint256)` and ensures the market can pull the correct amount considering newly accrued interest, guaranteeing the loan is fully repaid:<br>

   <figure><img src="/files/HqNQ4Ijd8kzDa0pIOEzD" alt=""><figcaption></figcaption></figure>
8. Click **Write**, then approve the transaction in the browser pop-up displayed by your wallet.

***

#### Executing the Repay

1. Locate the contract address for **the market** associated with your desired market in the smart contracts list provided in this guide.
2. Visit [Taiko](https://taikoscan.io)'s or [Morph](https://explorer.morphl2.io)'s blockchain explorer and input **the market contract address** chosen on the page's search field:<br>

   <figure><img src="/files/o8cdhZicU90RvH3EEqwp" alt=""><figcaption></figcaption></figure>
3. Go to the **Contract** section, open the **Write as Proxy** or **Write proxy** tab, then click **Connect to Web3** or **Connect wallet**:<br>

   <figure><img src="/files/yncEZUNIXEROhXLenirc" alt=""><figcaption></figcaption></figure>
4. Locate and choose the `repayBorrow` function, then enter the following string in the `repayAmount (uint256)` input field:\
   \&#xNAN;**`115792089237316195423570985008687907853269984665640564039457584007913129639935`**
5. Click **Write**, then approve the transaction in the browser pop-up displayed by your wallet.
6. After repaying your loan, it's recommended to remove the approval from the market contract by using the same flow but setting the `value (uint256)` input field to zero: **`0`**

{% hint style="info" %}
You cannot repay unless you've already borrowed this asset beforehand and your wallet has enough balance to cover the inputted amount.
{% endhint %}


---

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