Repay a loan

Two functions are provided to pay back loans. withdraw_longable_then_repay was designed for the leveraged trade use case where the user swapped the borrowed base token for a longable token and then needs to swap back before the loan can be paid.

repay can be used to repay a loan taken by the user or a smart contract the user deployed but does not recover any of the longable token backing the loan.

withdraw_longable_then_repay(_amount: uint256, _longable: address, _longable_amount: uint256, _contract: address, data: Bytes[256], _provider: address = empty(address))

Retrieve posted longable and repay part or all of the loan in one transaction.

• _amount: Amount of the desk’s base coin to be repaid

• _longable: The longable token used for the loan being repaid

• _longable_amount: The amount of longable tokens to withdraw

• _contract: The address of the contract that receives longable

• data: Calldata to longable receiver, i.e., _contract

• _provider: Third-party provider if applicable

Note

See borrower sample for an example usage.

This function can be called to increase the value-to-loan ratio (and decrease risk of liquidation).

repay(_amount: uint256, _longable: address, _provider: address, _loan_owner: address = msg.sender)

Repay part/full loan.

• _amount: Amount of base coin being repaid

• _longable: The longable token backing the loan being repaid

• _provider: Front end provider

• _loan_owner: Optional. Address that owns the loan. Default is msg.sender