How to Close a Multiply Position

1. Go to the Multiply details page for your vault, or find the position under My Account.

2. Press Close.

3. (Optional) Switch the asset between the deposit token and the borrow token using the dropdown. This controls which asset you receive back.

4. Enter the amount to close, or press MAX for a full close.

5. Review the details:

   Position Impact

   • Current deposited: Your current collateral amount in the deposit asset.
   • Max closeable: The maximum amount you can withdraw or repay in this close.

   Close Details

   • Debt repaid: How much of your borrow debt this close will repay.
   • Estimated receive: The amount you expect to receive back after the close.
   • Debt after repayment: Your remaining borrow debt (zero for a full close).
   • Remaining supply: Your remaining collateral after the close.
   • Swap estimate: The estimated DEX swap needed to repay the flash loan.

   Fees (expandable)

   • Flash loan fee: The fee on the flash-borrowed amount used to unwind the position.
   • Transaction Fee: The network fee to submit the transaction on Stellar.

6. Press Close Multiply and confirm the transaction in your wallet.

Partial vs. full close

• Full close (MAX): Repays all debt, withdraws all collateral, swaps what is needed to cover the flash loan, and returns the remainder to you. The position is fully unwound.
• Partial close: Repays a portion of the debt and withdraws a proportional share of collateral. The position stays open at a lower effective multiplier.