🚪Close position

Burn gAsset

Liquidation conditions are pretty unusual, but what if the user simply wants to recover the collateral?

The user must first acquire an equivalent or greater amount of gAssets before closing a position to reclaim collateral, especially if the collateral value is below the minted amount.

Any user who minted a gAsset can claim its collateral at any time, they must close their position by returning the minted gAssets, which the protocol will burn.

Last updated