Yes, you can. Borrowers get control over their locked assets. For instance, if you can see that your collateral coin is crashing, you request liquidation and repay your loan before the coin loses its liquidity.

Here's how it works

Go to Loans and start a payoff process for an active borrowed loan by clicking the Repay button.

Repay Button — Web platform

You can choose between a Regular Scheduled Payment and a Full Early Repayment.

Loan Repayment options — Web platform

Choose the one you need and click the Use Loan Collateral repayment option.

Use Loan Collateral option — Web platform

Payout will happen at the cost of your collateral.

  • If you make a Full Early Repayment with collateral, the rest of the collateral remaining after repayment will be credited to your account.

  • If you make a Regular Scheduled Payment with collateral, please be careful, as it will increase the LTV of your loan and the risk of collateral liquidation in case of market fluctuations.

Did this answer your question?