Pay Back and Withdraw
Repay GREEN and take your collateral back out
Step 1. Go to the Borrow page and press Payback (next to the Borrow button). It only appears once you have outstanding debt; with none, the panel simply reads No Debt. The Dashboard offers the same action under the name Repay. Same thing, either works.
Step 2. Choose where the money comes from and how much. Two sources, and they work differently:
From your wallet: GREEN or sGREEN. sGREEN is converted to GREEN and applied to your debt. The button reads Approve the first time โ that's the token permission; approve it and the button becomes Payback. The MAX button pays everything you owe and refunds any excess (as sGREEN).
From your Stability Pool deposits: flip the Source toggle to pay straight from sGREEN or LP tokens you've already deposited on Earn. This runs deleverage rather than a normal repayment: your pool position is spent to pay down the debt, no approval needed. It's the way to clear debt without touching your wallet โ and it never touches your stock tokens.
Your debt ratio improves as soon as the payment lands.
Step 3. To take collateral out, use the - control on the asset's row in the collateral table (the + deposits, the - withdraws). You can withdraw anything not needed to cover your remaining debt, with a small buffer: Ripe keeps your debt just under your borrowing limit, so you can't withdraw right up to the edge. Repaid everything? Then you can withdraw everything. Withdrawals are blocked while a position is in liquidation โ repay or add collateral to get out of it first.
Step 4. Confirm in your wallet, then check your wallet balance.
Last updated