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How to Mint and Repay BOB in BOB CDP
Mike Krupin |
0 step |
2 minutes
Navigate to [https://stellar-figolla-1bf079.netlify.app/nft-vaults](https://stellar-figolla-1bf079.netlify.app/nft-vaults)
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Click "Connect wallet" to create a new vault
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Select a web3 wallet or your choice, e.g. "Metamask"
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In the list of your vaults, you can choose any empty vault to deposit a new Uniswap V3 LP position.
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Clicking on the "Deposit NFT" button to choose the a Uniswap V3 LP position. You will complete the process in the chosen web3 wallet and pay gas for the transaction.
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Once a vault is funded, you can select it to mint BOB tokens.
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To start the minting process, enter a quantity into the field.
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Or click on the desired value, e.g. "50%" from the borrowing limit
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Click "Mint BOB" to pay gas in your web3 wallet and mint BOB.
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When you are ready, you can repay your debt by clicking on the "Repay BOB" button.
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Enter the value in the field or choose the amount using the "Available BOB" button or percentage value.
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Before repaying the debt you need to approve the BOB token by clicking on the "Approve BOB" button.
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Once approved, you can repay the debt by clicking the "Repay BOB" button.
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Once the whole debt is repaid, you can withdraw your LP position by clicking on the "Withdraw" button near your deposited LP NFT.
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