How to unwind a Liquid Leverage position
If you use the "Close" tool on your Liquid Leverage position, you'll see that it says:
"The Close option is only available for positions with one supplied and one borrowed asset."
Seeing as these positions have both USDe and sUSDe as collateral, it means you won't be able to unwind the entire position in one transaction.
So, let's look at a couple of options for unwinding:
The main risk with liquid leverage positions is the unwinding process.
While your position is earning the advertised Net APY before unwinding, if you decide to withdraw and unstake your sUSDe, you'll have a 7-day period during which you're paying borrow APY with a lower amount of sUSDe earning supply APY.
PreviousClaiming Merkl rewards for Liquid LeverageNextHow do I add more collateral to my Liquid Leverage position while maintaining a 50/50 split?
Last updated