Manage loans

When using the STAB Protocol, it is of crucial importance to keep track of your open loans, and ensure their good health.

To manage a loan, the user first has to select one [1]. They are then provided with some useful information about its status [2], and could close it immediately if they have the necessary STAB to pay off their debt in full.

With a loan selected, the user can also manage their collateral (add or remove collateral) or manage their debt (partially pay it off, or borrow more).

Managing collateral If a user wants to add collateral, they should select the "Add collateral" selector [1]. Here, they can choose how much collateral they want to add [3], and the interface will show them their new collateralization ratio [2].

If a user wants to remove collateral, they select the "Remove collateral" selector [1]. Here, they can choose how much collateral to remove [3]. Be careful though, removing collateral will decrease the collateralization ratio of your loan! This new collateralization ratio is displayed about the input field [2].

Managing debt If a user wants to pay off some of their debt, they select the "Pay off debt" selector [1]. Here, they can choose how much STAB debt to pay off [3]. The new collateralization ratio is prominently displayed [2].

If a user wants to borrow more against their collateral, they select the "Borrow more" selector [1]. Here, they can choose how much debt to add to their loan [3], and see the collateralization ratio this results in [2]. Be careful though, borrowing more will lower a loan's collateralization ratio!