Close a Vault
Last updated
Last updated
Navigate to the Vault page
Go to the Vault section and locate the active Vault you wish to close.
Connect Your Wallet
Connect your wallet to the platform.
Ensure your wallet has enough TRX to cover the gas fees required for repayment and collateral withdrawal.
Review Your Vault Status
Before closing your Vault, check:
The outstanding USDD debt
Your collateral balance
Your current collateral ratio
Make sure you have enough USDD in your wallet to fully repay the debt.
Repay all borrowed USDD
Navigate to the Payback & Withdraw tab
In the Payback field, click Payback All or enter the full debt amount.
Withdraw all your collateral
In the Withdraw field, click Max or enter the full collateral amount.
Confirm Transaction
Click Payback All & Withdraw, confirm the transaction in your wallet.
Once completed, your Vault debt will be zero, and all collateral will be returned to your wallet.
Note:
If you don’t have enough USDD, you can:
Swap USDD via the PSM (Peg Stability Module)
Or purchase USDD from exchanges