Root Finance
  • INTRODUCTION
    • 👋Welcome in Root Finance
    • 🚀The Root Mission
    • ❓Why Radix?
    • 🔐Security
  • USER GUIDE
    • How users can operate on Root
    • Get started with Radix DeFi
    • Bridging on Radix
    • Supply (Lend)
    • Borrow
    • Repay Your Borrow on Root
  • Liquidations
  • Your Position Summary
  • Health Bar
  • TECNICAL GUIDE
    • Why Interest rates?
    • Interest rate model of Root Finance
    • Money Market Parameters
  • OFFICIAL LINKS
    • Web Site
    • X
    • Telegram
  • ROOT POINTS
    • Rules
  • TERMS
    • Terms of Use
    • Privacy Policy
    • Risk disclosure
  • DEVELOPER
    • Contract Addresses
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  1. USER GUIDE

Repay Your Borrow on Root

With the "Repay" feature on Root Finance, you can return borrowed funds at any time, helping you manage your debt and reduce your loan-to-value (LTV) ratio. Here's how it works:

  1. Repay Anytime: You can repay your borrowed funds whenever it suits you, making debt management easier.

  2. Lower Your LTV: Repaying your loan lowers your LTV ratio, which is key to avoiding liquidation.

  3. Flexible Repayment Options: Choose between partial or full repayment, giving you control over your LTV and debt levels.

  4. Withdraw Collateral: As you repay your loan and your LTV decreases, you’ll be able to withdraw a portion of your collateral. Once you’ve fully repaid your debt, you can withdraw the total amount of your collateral.

  5. Stay Proactive: Keep an eye on your LTV ratio and repay when necessary to stay ahead of potential liquidation.

  6. Save on Interest: Repaying promptly helps you minimize interest accumulation, allowing you to stay in control of your financial position and practice better debt management.

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Last updated 6 months ago