• Academy
  • Blog
  • FAQ

Back

15 Nov 2022
For Beginners

How To Repay Your Loan

Learn how to repay your loan on Kashi

  • Samurai.jpg
    Samurai
Copy

Note that Kashi 1.0 has been deprecated. Deposits and borrows have been disabled in the UI - please withdraw your funds and close your positions.

Step 1: Head over to the Borrow section of Kashi on the Sushi app.

To access it from Sushi’s UI, you will need to click on the Sushi 1.0 section in the Explore Apps dropdown, then select Kashi → Borrow buttons.

Note: Kashi is still in the process of being ported over to the new Sushi 2.0 App. The old app (1.0) still works perfectly fine, it just won't have the shiny new feel of the current app until it is finished porting.

Step 2: Select the pair with the collateral you have and the asset you want to borrow.

Step 3: Once you’ve made your selection, you’ll be redirected to a new interface. Navigate to the Repay tab.

There are two ways to repay your loan:

  • Repaying with the asset borrowed
  • Repaying with collateral - this option will sell a part of your collateral to payback the loan; the remaining amount left will be sent to BentoBox

Repaying With The Asset Borrowed

Step 3-1: Choose where you want to repay your funds from - Your Wallet or BentoBox. Click the Max Repay button to populate the value. Then choose where you want your collateral to be sent to - Your Wallet or BentoBox. Click the Max Repay button to populate the value.

When you’re done, click on the Repay and Remove → Confirm Repay buttons to execute the transaction.


Repaying With Your Collateral

Step 3-2: Turn on the knob for Close Position, then click the Close Position buttons to execute the transaction.

Congratulations! You have repaid your loan. Check your wallet or BentoBox for your tokens.


Exchange | Furo | Docs | Discord | Twitter | Telegram | Newsletter | YouTube | Github

Similar Articles
For Technical Users

Removing from the Block Explorer: Trident

How to remove old Trident positions from the explorer.

19 Sep, 2024

Tutorial: Limit Orders and Dollar-Cost Averaging (DCA)
For Beginners

Tutorial: Limit Orders and Dollar-Cost Averaging (DCA)

Welcome to our guide on Limit Orders and Dollar-Cost Averaging (DCA)!

21 Aug, 2024

FAQ: Limit Orders
For Beginners

FAQ: Limit Orders

Everything you need to know about Sushi Limit Orders

20 Aug, 2024