How to withdraw reserves
Last updated
Last updated
Go to QWERTY App and connect your Metamask wallet.
Click "Your Vault" on the navigation bar at the top of the website.
Select the vault you want to withdraw reserves from.
Inside your vault, click "Withdraw Reserves."
Enter the amount of reserves you wish to withdraw.
The simulator will show the updated reserve ratio based on your withdrawal. Make sure to keep a buffer above the Minimum Reserve Ratio (MRR) to avoid risk penalties.
The simulator will also display the updated liquidation price of your vault based on the withdrawal amount. Consider this carefully.
Once satisfied with your configuration, click "Withdraw Reserves."
Congratulations! You have successfully withdrawn reserves from your vault.