Repaying Your Loan
Step-by-step guide for full or partial repayment of BTC-backed loans.
Overview
Repayment is simple and flexible. You can repay the full loan at once or make partial payments over time.
Steps:
1
Open your loan dashboard.
2
Click Repay Loan.
3
Enter the amount to repay (partial or full).
4
Confirm the transaction. Stablecoins are deducted from your wallet.
5
Once repayment is complete, BTC collateral is released back to your wallet.
Key Features:
Partial repayment: Reduce interest accrual over time.
Full repayment: Unlock full BTC collateral immediately.
Automated process: Platform handles unwrapping and bridging of BTC back to your wallet.
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