Withdraw Collateral From Position
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You can easily remove collateral from your leveraged position via the position management dashboard. By removing collateral from the position, you are effectively reducing the value of the collateral backing the current position's debt. As such, collateral withdrawals should be handled with care so as to avoid unexpected liquidations due to undercollateralization of the leveraged position.
Leverage Strategy Explainers
Please refer to the if you would like to understand the leverage process and how Factor streamlines the management of leveraged positions.
You can access your position via your personalized .
Upon clicking the "Expand" button, you can then select the target position. Note that the following page displays all the positions created for a particular strategy.
Once on the position management dashboard, you can then select the "Withdraw" tab to specify the amount of asset token to be removed from the position.
With the collateral withdrawal amount selected, you can execute the changes by selecting the "Withdraw" button. This will require a signature via the connected wallet as Factor updates the position's configurations and executes the multi-step process on the underlying protocols.
Once the collateral withdrawal has been executed, notice that the position's key metrics have been adjusted according to the asset token amount that was removed.
Net Value: Decreases by the USD value of the collateral removed.
Collateral Value: Decreases by the USD value of the collateral removed.
Liquidation Price: For this long position, the liquidation price increases as the position's leverage increases.
Leverage Multiplier: Viewable on the "Change Leverage" tab, the position's leverage increases as there are less asset tokens collateralizing the same amount of debt.
: Decreases as the collateral value decreases relative to debt value (which is unchanged).