Repaying loans
PWN is oracle-less and relies on a time-based liquidation mechanism, which means the only way to lose your collateral is by missing the repayment deadline. Don't forget to set a reminder!
To repay your loan:
- Go to the "Borrowing" tab on your dashboard and find the active loan you want to repay
- Click the "repay" button
- Your collateral will be automatically returned to your wallet.
Alternatively, you can also repay from the loan page:
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⚠️ You are free to repay at any time before the final repayment deadline, and you'll only pay the pro-rata interest due.