Closing a Loan

Repay your loan at any time before the loan duration expires to avoid liquidation:

Navigate to the Single NFT page by clicking the NFT row in β€œMy NFTs”

Calculate Repayment: Ensure you have the principal amount plus the accrued interest.

Repay Loan: Send the repayment amount to the escrow contract by clicking Repay. This will transfer the amount due (principal + interest) and withdraw your NFT.

Similar to the listing process, you can select several NFTs and repay and withdraw them simultaneously. From the β€œMy NFTs” tab, select the NFTs you want to repay and click β€œRepay and Withdraw” in the action bar. This is particularly useful for large NFT holders who need to act on multiple NFTs at once.

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