Repay

Repaying borrowed tokens in the Godex Protocol is an important step for managing borrow positions. Borrowers can repay using the same tokens they borrowed or repay with G-tokens (collateral tokens) of the same underlying asset. Additionally, Godex provides periphery contracts that simplify the process by enabling repayment with other tokens, such as other collateral assets, without requiring manual conversion beforehand. This flexibility allows borrowers to efficiently manage and close their positions when needed.

Repayment increases the collateralization ratio, ensuring sufficient collateral and preventing liquidation. By enhancing the collateral relative to the borrowed amount, repayment safeguards assets from liquidation and enables borrowers to safely withdraw a portion of their collateral.