Removing Collateral

Be careful removing your collateral, you could raise your liquidation price too high. A sudden dip in xBOMB value could then see your position being liquidated. Only remove collateral if your liquidation price stays at a comfortable level.

To remove your collateral, head to the xBOMB pool on and select "REPAY"

Enter the amount of collateral you would like to remove in the xBOMB section, then press "REMOVE COLLATERAL" and confirm the transaction.

Once the transaction has gone through the specific amount of xBOMB you entered will be taken out, this will cause your liquidation price to rise (if you are borrowing BIM) so make sure to keep an eye on it here!

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