Close a Position and Withdraw Collateral

In order to close a position, you must repay any outstanding loans taken. This can be done with the repay option on the Dashboard screen. This process will burn borrowed synthetic from the circulating supply.

Closing a position is easy and can be done in a few simple clicks. Watch the tutorial, or follow the steps below.

Select the NFTs you want to repay debt for and withdraw:

Repay debt on the selected NFTs

Confirm repayment and withdrawal, which will happen in one transaction, closing your position and sending the NFTs back to your address.

Choose to repay or repay and withdraw your NFT