Withdraw Assets
Last updated
Last updated
On Nitron, you can lend out your idle assets and earn an APR on it. At any time, you can choose to withdraw the assets you have lent out safely back to your wallet.
Here’s how:
Step 1: Launch Demex, click “Earn” in the navigation menu and click “Nitron” under the dropdown bar.
The Nitron page opens up as shown below.
Step 2: Under the “You’re Lending” window, you can view all assets that you have lent out.
For example, you are wish to withdraw the SWTH that you have lent out.
Step 3: Click the “Withdraw” button on the desired asset. The “Withdraw” page opens up as shown below.
Step 4: Enter the desired amount you wish to withdraw. You can choose to withdraw just the lent out amount or the lent amount along with collateral.
On inputting the amount, you will see your health factor change accordingly as shown down below.
Step 5: Click the “Withdraw” button to finalise your action.
Congratulations! You have successfully withdrawn your assets. You can view your new health balance and remaining balance after withdrawal in this window.
There maybe special scenarios wherein you are unable to fully withdraw what you've lent out. This occurs when you are borrowing other assets, and hence by withdrawing assets, your health factor is at a risk of falling. This can put you at risk of liquidation.
To prevent this scenario and withdraw more, you can return your borrowed assets.