Repay USDC and Withdraw $K
This page describes the process of repaying USDC and withdrawing $K.
Last updated
This page describes the process of repaying USDC and withdrawing $K.
Last updated
Navigate to the Kinto Token asset page and scroll down to the Lending Market section. Once there, you will be able to see the current USDC supply, the total USDC borrowed and the borrow rate as well as the supply rate APY. Next to this you will find the widget to repay USDC and withdraw $K.
In the 'Repay & Withdraw' section, input the amount of USDC you wish tor repay and the amount of $K you will withdraw will be autopopulated. When you're happy with the selection, click 'Repay & Withdraw' to continue.
Next you will be prompted to sign the tx with your passkey. There are two txs to sign please be patient while they both process.
You will see the below screen while the tx processes.
When the first tx is complete, you will see the below image prompting you to continue to the second tx. Please click 'continue'.
Sign the final tx with your passkey and wait for it to process.
When the tx is complete you will see the below message - click continue. The USDC will have been deducted from your Kinto wallet and the $K will now be present.