Unwinding SOL Multiply
SOL Multiply positions can be unwound via:
Multiply UI
Loan Dashboard UI
Each interface has a one-click and a manual solution to unwinding. Kamino charges no fees on any of the unwinding solutions mentioned below.
Unwind Via Multiply UI
One-Click Solution: Adjusting Leverage
You can unwind your position in the Multiply UI using the Adjust Leverage functionality. Moving to a lower leverage amount will simultaneously reduce your debt and collateral, thus lowering your position LTV.
Here's a guide on adjusting leverage:
Manual Solution: Manage Collateral & Debt
The manual route is to:
Withdraw collateral
Swap into debt token
Repay debt
This can be done via the Manage Collateral and Manage Debt functionalities, and the Swap can be done via Kamino's free, in-app Swap.
Here's a guide:
Unwind Via Loan Dashboard
The Loan Dashboard provides an additional interface to manage your Multiply position. As in the Multiply UI, you can unwind via the Loan Dashboard using a one-click solution, or a manual workflow.
To access the Loan Dashboard from Multiply, click on the manage dropdown, and select Loan Dashboard at the bottom.
One-Click Solution: Repay With Collateral
You can unwind your position in the Loan Dashboard using the Repay With Collateral functionality. Repaying debt with collateral has the exact same impact as Adjusting Leverage in the Multiply UI.
To do so, you simply click to manage your debt token, and select to repay with collateral. This will simultaneously reduce your debt and collateral, thus lowering your position LTV.
Here's a guide:
Manual Solution: Manage Collateral & Debt
As via the Multiply interface, you can manually unwind via the Loan Dashboard by:
Withdrawing collateral
Swapping into the debt token
Repaying debt
When selecting your repay amount, you'll see a simulation of new LTV of your position.
Here's a guide:
Last updated