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BNB-Boy
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How to Repay Your TermMax Debt with FTs on Etherscan
Want to close a TermMax levered position with less slippage? Until the UI update, advanced users can repay manually with FTs.
When you use the UI, collateral is sold at market price, risking MEV and slippage. Repaying with FTs lets you buy back your debt directly and keep more collateral.
*Here’s how:*
1. *Find FT/GT addresses* in the market "Specs" tab.
2. *Get your GT ID* via Etherscan NFT Transfers or the dashboard.
3. *Call `loanInfo`* on the GT contract to get your `debtAmt`.
4. *Buy FTs* equal to `debtAmt` on TermMax.
5. *Approve FTs* to the GT contract, then *call `repay`* on Etherscan.
Collect collateral, then sell it yourself via TWAP/limit orders. In tests, this saved +1.89%.
#TermMax @TermMax @TermMax
Want to close a TermMax levered position with less slippage? Until the UI update, advanced users can repay manually with FTs.
When you use the UI, collateral is sold at market price, risking MEV and slippage. Repaying with FTs lets you buy back your debt directly and keep more collateral.
*Here’s how:*
1. *Find FT/GT addresses* in the market "Specs" tab.
2. *Get your GT ID* via Etherscan NFT Transfers or the dashboard.
3. *Call `loanInfo`* on the GT contract to get your `debtAmt`.
4. *Buy FTs* equal to `debtAmt` on TermMax.
5. *Approve FTs* to the GT contract, then *call `repay`* on Etherscan.
Collect collateral, then sell it yourself via TWAP/limit orders. In tests, this saved +1.89%.
#TermMax @TermMax @TermMax
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.