Managing Collateral
This guide covers collateral management including checking balances, withdrawing collateral, and understanding health factors.Understanding Collateral
When you take a loan, your Bitcoin is locked as collateral:- Total Collateral - All BTC locked for the loan
- Available Collateral - Collateral not at risk of liquidation
- Max Withdrawable - Maximum you can withdraw safely
Checking Collateral Info
LoanCollateralInfo Interface
Withdrawing Collateral
Prerequisites
Before withdrawing:- Check
maxWithdrawableamount - Ensure withdrawal won’t trigger liquidation
- Have a valid BTC address ready
Basic Withdrawal
Maximum Safe Withdrawal
Withdrawal with Repayment
Withdraw collateral while repaying part of the loan:Withdrawal Workflow
The withdrawal process involves bridging BTC from the EVM chain:Monitoring Withdrawal Status
Track Active Withdrawal
Check Status Later
Health Factor Considerations
What is Health Factor?
Health Factor = (Collateral Value × Liquidation Threshold) / Debt| Health Factor | Status |
|---|---|
| > 1.5 | Safe |
| 1.0 - 1.5 | Caution |
| < 1.0 | Liquidation risk |