How to Mint and Repay BOB in BOB CDP

This quick tutorial shows you how to use BOB CDP to create a vault, deposit a Univ3 LP position, mint BOB from that position, and then pay back BOB to reclaim your LP NFT token. It is conducted in a test environment on the Goerli network.

Mike Krupin
14 steps
2 minutes

Netlify

Navigate to [https://stellar-figolla-1bf079.netlify.app/nft-vaults](https://stellar-figolla-1bf079.netlify.app/nft-vaults)

Click "Connect wallet" to create a new vault

Select a web3 wallet or your choice, e.g. "Metamask"

In the list of your vaults, you can choose any empty vault to deposit a new Uniswap V3 LP position.

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.

Once a vault is funded, you can select it to mint BOB tokens.

To start the minting process, enter a quantity into the field.

Or click on the desired value, e.g. "50%" from the borrowing limit

Click "Mint BOB" to pay gas in your web3 wallet and mint BOB.

When you are ready, you can repay your debt by clicking on the "Repay BOB" button.

Enter the value in the field or choose the amount using the "Available BOB" button or percentage value.

Before repaying the debt you need to approve the BOB token by clicking on the "Approve BOB" button.

Once approved, you can repay the debt by clicking the "Repay BOB" button.

Once the whole debt is repaid, you can withdraw your LP position by clicking on the "Withdraw" button near your deposited LP NFT.

How to Mint and Repay BOB in BOB CDP

Mike Krupin
14 steps
2 minutes