How To Repay Your Debt

1. Visit the “Borrow USDL” page.

   
   

   

   
   

2. Connect Your Wallet

3. Choose Repayment Amount

   
   Choose the amount of USDL you would like to repay and the amount of PLS you would like to extract.
   
   NOTE: You can choose to pay off any and all of your debt. You can also withdraw PLS but that will affect your collateral ratio as seen below.
4. Understand your new Vault Stats. Take note of your new Liquidation Price(s) and how much Debt in Front you have to buffer against liquidation

5. Confirm Transaction

   Click “Confirm” and execute the transaction in your wallet.

***If you need help deciding on a collateral ratio to best manage your vault, visit the modules on How To Avoid Liquidation and How To Avoid Redemption***

Connor

Connor is a US-based digital marketer and writer. He has a diverse military and academic background, but developed a passion over the years for blockchain and DeFi because of their potential to provide censorship resistance and financial freedom. Connor is dedicated to educating and inspiring others in the space, and is an active member and investor in the Ethereum, Hex, and PulseChain communities.