Navigating the repayment process on the Nolus dApp is straightforward and user-friendly. In this guide, we'll walk you through the steps to ensure you can comfortably make repayments on your lease.
Step 1: Accessing the Repayment Function
- Head to your lease position screen on the Nolus dApp.
- Locate the Repay button on the bottom right corner of the lease position you want to repay.
Step 2: Selecting the Repayment Amount
- From the dropdown menu, choose the asset you'd like to use for repayment.
- Decide on the repayment amount. You have the flexibility to:
- Manually input a specific value in the given field, or opt for a percentage-based repayment – with options of 25%, 50%, 75%, or 100%.
Tip: You'll find details related to the repayment parameters just below the input field. This provides clarity on the repayment process and ensures you know exactly what's happening.
Step 3: Confirming the Repayment
- Once you've double-checked all the details and are sure of your repayment choices, press the Repay button.
A confirmation window will pop up, prompting you to finalize the transaction. Confirm the details and proceed.
What Happens After Full Repayment?
- The Repay button will transition to a Collect button.
- To retrieve the assets from the lease position, click on Collect.
- A confirmation window will appear. Finalize the transaction.
After completing this step, you'll find your leased assets listed on the Assets page.