Repay

Borrowers on Purrlend can repay outstanding debt using the original borrowed asset. Repaying borrowed assets on Purrlend is required to reduce or close a debt position and to restore access to any supplied collateral.

Repayments reduce the borrower’s outstanding liability and improve the position’s collateralization ratio. Increasing collateralization lowers liquidation risk and may re-enable collateral withdrawals, subject to protocol limits.