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Repay a DeFi Lease

Step-By-Step Instructions for Settling a Defi Lease

Updated over 2 months ago

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

Accessing the Repayment Function

  1. Head to your lease position screen on the Nolus dApp

  2. Locate the Repay button on the bottom right corner of the lease position you want to repay

Selecting the Repayment Amount

  1. From the dropdown menu, choose the asset you'd like to use for repayment

  2. Decide on the repayment amount and put it into the given field

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
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Confirming the Repayment

  1. Once you've double-checked all the details and are sure of your repayment choices, press the Repay button

  2. A confirmation window will pop up, prompting you to finalize the transaction. Confirm the details and proceed

What Happens After Full Repayment?

  1. The Repay button will transition to a Collect button

  2. To retrieve the assets from the lease position, click on Collect

  3. A confirmation window will appear. Finalize the transaction

  4. After completing this step, you'll find your leased assets listed on the Assets page

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