Managing Positions
Once you've borrowed, you can manage your positions from the My Positions view. This page shows all your active positions across all markets and chains with real-time health data.
Overview
Each position card on the My Positions page displays:
- Supplying - amount and USD value of your meme tokens supplied as collateral.
- Borrowing - your outstanding stablecoin debt.
- Borrow Rate - the current interest rate on your loan, expressed as an APY (Annual Percentage Yield).
- Token Price - the current market price of your collateral token.
- Liquidation Price - the collateral token price at which liquidation would trigger, including the percentage drop from the current price.
- Health - a row of hearts indicating how far you are from liquidation (more filled hearts = healthier position).
Quick Repay
Click Quick Repay on any position card to open the repay modal. The behaviour depends on your stablecoin balance:
- If you have enough to cover the full debt - the modal shows the full repay amount and the collateral you'll receive back. Clicking Repay repays the entire loan and automatically withdraws all your collateral to your wallet in a single transaction.
- If you don't have enough - the modal uses your entire available stablecoin balance for a partial repay. Your collateral remains supplied, and the remaining debt continues to accrue interest.
There is no manual amount input - Quick Repay is designed to be a one-click action.
Modify a Position
For more control over your position, use the Modify Position feature. This opens a dedicated view with the same slider-based interface used when borrowing:
- Supply slider - adjust your collateral amount (supply or withdraw meme tokens). You can't go below the minimum required to keep your position healthy (the liquidation threshold).
- Borrow slider - adjust your stablecoin debt (borrow more or repay). You can't repay more than your current stablecoin balance.
The summary panel and mascot update in real time as you adjust values, showing how the changes affect your liquidation price. Click Modify Position to confirm.
While the UI prevents changes that would result in immediate liquidation, your position may still be at risk if the collateral price drops further.
Rewards
Some markets offer additional rewards on top of the standard borrowing and lending economics, distributed through Merkl. You claim these rewards on Merkl, and Purinta links to the claim page directly so you don't have to find it yourself. Whenever a campaign is running, the active incentives and how they are earned are shown in the app.