Close/Partially Close an AUSD Position
To close or partially close an AUSD position, follow the steps below.
  • Go to the Portfolio page and click on the AUSD sub-menu at the top
  • Connect to your Web3 wallet (such as MetaMask). Make sure your network is set to Binance Smart Chain
  • Click "Close Position" on the position you want to close or partially close

To partially close a position:

  • Select Partially Close Your Position in the top-right drop-down menu
  • Specify the amount of AUSD you would like to repay
    • If you would like to withdraw collateral, check the Withdraw Collateral box and specify the amount of collateral you would like to withdraw
  • To execute the transaction, click the green button which will say "Repay" if you are just repaying AUSD debt or "Repay & Withdraw" if you are repaying AUSD debt and withdrawing collateral
  • Wait for the transaction to be processed
  • Once the transaction has gone through, if you also chose to withdraw your collateral, you should receive your ibTokens back in your wallet

To close your entire position:

  • Select Close Your Entire Position in the top-right drop-down menu
  • Make sure to have enough AUSD balance to pay back your loan and successfully close your entire position
  • If this is your first time closing a position, you must first click "Approve AUSD" and accept a confirmation in your Web3 wallet
  • After the approval goes through, click "Repay & Withdraw" and accept the confirmation in your Web3 wallet
  • Wait for the transaction to be processed
  • Once the transaction has gone through, you should receive your ibTokens back in your wallet
Last modified 1mo ago