EnsoFi
EnsoFi Product
EnsoFi Product
  • Introduction
    • Introduction
  • EnsoFi dApp
    • Liquidity
      • How it works
      • Understand the risk
    • Lend with Flexible Terms
      • Guide
        • How to Supply Assets
        • How to Borrow Assets
      • Health Ratio
      • Liquidation Process
    • Lend with Fixed Terms
      • Guide
        • How to Create a Lend Offer and Withdraw
        • How to Borrow and Repay
        • How to Edit Collateral
      • Health Ratio
      • Liquidation Process
    • ENSOFI Points
      • Boostings
  • EDAS
    • Quick Start
    • EDAS Agents
    • EDAS Points
    • EDAS DAO
    • About $EDAS
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  2. Lend with Fixed Terms
  3. Guide

How to Edit Collateral

PreviousHow to Borrow and RepayNextHealth Ratio

Last updated 1 month ago

Health Ratio can go up and down. It depends on the price of collateral and market.

  • In case Health Ratio is too good, for example: heath ratio is above >6, then you want to withdraw collateral to optimize asset

  • Conversely, if health ratio is near to Liquidation Threshold, then you want to deposit more asset to avoid liquidation

Step 1:

For both Deposit & Withdraw, go to "Loan" page, look for the contract you want to deposit/ withdraw, then click "Edit" button

Step 2:

  • There will be a popup for you to edit collateral amount

For Deposit

  • To deposit, you can enter total collateral amount ( including deposited collateral)

For example:

  • As the image above, total deposited Solana is 3 SOL

  • To deposit more 2 SOL, you can enter 5 in the box.

  • The system will automatically calculates new heath ratio and amount that you want to add more

  • After that, click "Deposit" to submit your transaction

For Withdraw

  • To withdraw, you can enter total collateral amount ( including deposited collateral)

For example:

  • As the image above, total deposited Solana is 3 SOL

  • To withdraw 1 SOL, you can enter 2 in the box.

  • The system will automatically calculates new heath ratio and amount that you want to withdraw

  • After that, click "Deposit" to submit your transaction