Adjusting a Trove
Last updated
Last updated
Go to the "Mint ORE" section in the left sidebar
You'll see three tabs at the top: MINT, REPAY, and CLOSE
Go to the "MINT" tab
In the XION input field:
Enter the amount of additional XION you want to deposit (optional)
Or use percentage buttons (25%, 50%, 75%, 100%) of your wallet balance
The system will show you:
USD value of your deposit
New amount of ORE available to mint
You can just deposit more XION without minting new ORE to improve your trove’s health. You don't have to mint new ORE if you only want to add collateral.
In the ORE section below:
Enter how much ORE you want to mint (optional)
Or use percentage buttons to select from available amount
2. Click "UPDATE TROVE" and confirm the transaction in your wallet
You may also just mint more ORE without providing any extra collateral if your LTV permits that.
Navigate to your active Trove dashboard
Click on the "REPAY" tab
Find the ORE input field at the top
Choose your repayment method:
Enter a custom amount manually
Use percentage buttons (25%, 50%, 75%, 100%)
Review the projected changes in:
LTV ratio
Liquidation price
Total debt
Total collateral
Note that you cannot repay your debt such that Trove's debt balance would go below 10 ORE. This is the minimum Trove debt required at all times. You can close the Trove to repay your debt in full.
Under "Withdraw Collateral" section:
Enter XION amount to withdraw (optional)
Use percentage buttons for quick selection
Check available withdrawal amount
Click "UPDATE TROVE" to execute
Confirm the transaction in your wallet
Verify successful completion of repayment and/or withdrawal
You can just repay your ORE without withdrawing any collateral , or you can withdraw collateral without repaying your ORE debt. Both fields are optional depending on your needs. Just keep an eye on your LTV and liquidation price when performing these actions.
Closing the Trove will completely close your position on Earth. To close a Trove you must pay the entire debt in full. Liquidation reserve will be refunded and adjusted in your paid-in-full ORE debt transaction. Full collateral will be send to your address upon closing the Trove.
Go to your active Trove in the dashboard and click the "CLOSE" tab.
Review your position details (collateral, debt, liquidation reserve) and ensure your wallet has enough ORE.
Click the green "Close Trove" button, confirm the transaction in your wallet, and wait for the system to process.
Once successful, you'll see a green checkmark with the "Trove closed successfully" message. Click "Close" to return to the dashboard.