Butane Documentation
  • Introduction
    • What is Butane?
    • The Butane Platform
  • How to use Butane
    • Getting Started
      • Setting Up a Wallet
      • Acquiring CNTs
      • Connecting Wallet
    • Butane Basics
      • Overview
      • Concepts
      • Synthetic Parameters
    • Guides
      • How to Create a CDP
      • How to Close a CDP (Repay/Liquidate)
      • How to Adjust a CDP
      • How to Merge CDPs
      • How to Stake Synthetics
    • FAQs
  • Resources
    • Website
    • Discord
    • Whitepaper
    • Yellowpaper
    • Github
    • Forum
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  • Repaying a Position you Own
  • Liquidating Somebody Else's Position

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  1. How to use Butane
  2. Guides

How to Close a CDP (Repay/Liquidate)

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Last updated 1 month ago

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Repaying a Position you Own

  • Go to the Positions page

  • Look through your positions on the "Mine" view, and find a position you want to close

  • Expand the row/card to view more details

  • Click the "Repay" button

Liquidating Somebody Else's Position

  1. Go to the Positions page

  2. Look through positions on the "All" view, and find a position you want to liquidate

  3. Expand the row/card to view more details

  4. Click the "Liquidate" button

A position must be unhealthy for it to be liquidated. See the section on Collateral Weights inSynthetic Parameters