XOXNO
  • 🔥Zero to DeFi
    • Introduction
    • DeFi Initiation
  • Smart Explorer
  • E-Mode Master
  • Pro Strategist
  • XOXNO Ecosystem
    • 📖Introduction
    • 🔁NFT Marketplace
    • 🚀NFT Launchpad
    • 🎯XOXNO Liquid Staking
    • 💱eGLD Liquid Staking
      • Protocol Overview
      • Advantages
      • User Actions
    • 🦫Borrow and Lending Protocol
      • Borrow
      • Supply
      • Repay
      • Withdraw
      • Liquidation
      • Flash Loans
      • E-Mode
      • Vault
      • Isolated Pools
      • Several positions for different markets
Powered by GitBook
On this page

Was this helpful?

  1. XOXNO Ecosystem
  2. Borrow and Lending Protocol

Withdraw

PreviousRepayNextLiquidation

Last updated 3 months ago

Was this helpful?

XOXNO Lending and Borrowing lets users withdraw their deposited tokens (including any earned interest) whenever there’s enough available liquidity in the system. However, the amount you can withdraw depends on two main factors:

  1. Available Liquidity: There must be enough unused tokens in the reserve to cover your withdrawal.

  2. Collateral Balance: If you’ve borrowed assets, your collateral must remain strong enough to support your borrow position. This means you need to maintain a healthy collateralisation ratio (the value of your collateral compared to your borrowed assets).

If you’ve borrowed tokens, withdrawing your collateral can increase the risk of liquidation. Liquidation happens if your health factor (a measure of the safety of your collateral) drops too low. To avoid this, make sure your account stays above the liquidation threshold (the point where the platform may sell off your collateral to cover your debt).

Careful management of your borrowing and withdrawals is key to avoiding liquidation and staying safe while using XOXNO. Always monitor your collateral and health factor to ensure you remain within safe limits.

🦫