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