Closing a CDP and withdrawing collateral
In order to close a CDP, you must repay any outstanding PUSd loans taken. This can be done with the repay PUSd option on the My Vaults screen, which will allow you to close your position and then, you will be able to withdraw your NFT from the protocol using the Withdraw NFT option.
This process will burn PUSd from the circulating supply.
Step 1: Repaying PUSd debt
Step 2: Withdrawing NFT from the protocol