Repay a loan
Pay back or close NFT loans on Honey Finance
Step 1 - Connect
Step 2 - Market selection
Step 3 - Repay form
You can repay part of your debt in order to bring down your risk level and avoid liquidation.
On the repay form, the slider adds SOL to your position. As you slide it, you will notice the values on the right side change, giving you a preview of what your loan will look like if you confirm the repayment.
To fully repay your loan, and withdraw collateral, click on the
100%at the right of the slider, or bring the slider all the way to the right.
This will bring your risk level back to 0%, allowing you to withdraw the NFT. Click the
REPAYbutton, and approve the wallet transactions. Once the transaction has gone through, you will see a
CLAIM NFTbutton. Click it to receive the NFT you originally deposited back into your wallet.