Aqua Protocol
  • Background
    • Introduction
    • Welcome to the World of LSTs
    • Stablecoins on the Market
    • Lending Through Issuing Stablecoins
    • Aqua, the Home of all LSTs
    • TON Ecosystem benefits with Aqua
  • Mechanisms
    • How it works
    • Minting (Borrowing)
    • Repayment
    • Withdrawal
    • Redeem
    • Liquidation
    • Fee model
    • Special parameters
  • Stability and peg mechanisms
    • Stability and Peg Mechanisms in Aqua Protocol
    • Stability pool for AquaUSD under 1 dollar and liquidations.
    • Arbitrage through Redeem if for AquaUSD goes below 1 dollar.
    • Keepers
  • Governance
    • AQUA: The Utility Token of Aqua Protocol & How to Earn an Allocation (AquaXP & AquaRP)
    • Aqua DAO
  • Supplement
    • Roadmap
    • FAQ
    • Security Audits
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  • Withdrawal Process:
  • Key Considerations:
  1. Mechanisms

Withdrawal

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Last updated 3 months ago

Aqua Protocol facilitates user-friendly collateral withdrawals, ensuring that users can maintain a safe Collateral Ratio (CR) or opt for full withdrawals upon complete debt repayment.

Withdrawal Process:

1. Repaying AquaUSD Debt:

  • Partial Withdrawal: To partially withdraw collateral, an amount of your AquaUSD debt that aligns with the collateral you wish to withdraw.

  • Full Withdrawal: For a full withdrawal, the entire AquaUSD debt.

2. Checking Maximum Withdrawal Amount:

  • Maintaining CR Above 200%: Aqua Protocol displays the maximum amount you can withdraw while keeping the CR above 200%, available in your account information.

  • Full Withdrawal Option: In cases of full debt repayment, users can opt for a full withdrawal of their collateral.

3. Initiating and Processing Withdrawal:

  • After deciding on the withdrawal amount and completing the necessary debt repayment, you can initiate the withdrawal process. Aqua Protocol then releases the specified amount of collateral.

Key Considerations:

  • Ensuring CR Stability: Particularly for partial withdrawals, it’s crucial to ensure that the remaining CR remains above the 200% threshold to mitigate risks.

  • Understanding Fees and Conditions: Be cognizant of any applicable fees or conditions related to debt repayment and the withdrawal process.

In conclusion, Aqua Protocol offers a streamlined and secure process for withdrawing collateral, with options for both partial and full withdrawals. The platform provides essential information to help users maintain a healthy CR or retrieve all their collateral following full debt .

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