USDD Docs
  • INTRODUCTION
    • What is the new version of USDD?
    • What is USDDOLD?
    • Why upgrade USDD?
    • Core Features
    • Collateral Asset Contract Addresses
  • Ecosystem Migration Progress
  • SYSTEM ARCHITECTURE
    • System Architecture
  • USER GUIDE
    • Getting Started
    • Open a Vault
    • Manage a Vault
    • Close a Vault
    • Liquidation
    • Collateral Auction
    • PSM (Peg Stability Module)
    • Migrate
  • DEVELOPERS
    • Glossary
    • Core Contracts
      • Vat
      • Dog
      • Clip
      • Spot
      • Jug
      • Median
      • OSM
      • Proxy contract
      • PSM
      • Migrate
    • Deployment Addresses
    • Liquidation & Auction
      • Key Features of Liquidation
      • Example Process
      • Benefits
    • Oracle
  • GOVERNANCE
    • Overview
  • SECURITY
    • Secure Framework
    • Audits
  • LRGALS
    • Terms of Use
    • Privacy Policy
Powered by GitBook
On this page
Export as PDF
  1. USER GUIDE

Close a Vault

PreviousManage a VaultNextLiquidation

Last updated 26 days ago

  1. Navigate to the Vault page

Go to the Vault section and locate the active Vault you wish to close.

  1. 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.

  1. 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.

  1. Repay all borrowed USDD

Navigate to the Payback & Withdraw tab

In the Payback field, click Payback All or enter the full debt amount.

  1. Withdraw all your collateral

In the Withdraw field, click Max or enter the full collateral amount.

  1. 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