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40 Acres Finance
  • 🫏 40 Acres Finance
  • Getting Started
    • 🫏Overview
  • Borrow
    • 💰Borrowing Breakdown
      • 💸Voting
        • Manual Voting Tutorial
      • 🔝Top Up
      • Delegated Repayment
        • Delegated Repayment Tutorial
  • ✨Repayment and Fee Structure
  • Automation
    • 💫Relayers
      • 💹Reinvest
      • 💵Custom Relayer
    • 🤝Community veNFT
      • 👩‍💻Guide for Socialized Flight School
      • 💲Revenue & Distribution
    • 🔗Merge and Increase veNFT
      • Tutorial Add & Merge veNFT
  • Lenders
    • 📊Lending
      • 📈Lending Key Points
      • 🧮Lenders Insurance
  • Technical Docs
    • Smart Contracts
      • Repo
    • Treasury
    • Tokenomics/Points/&More
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On this page
  1. Borrow
  2. Borrowing Breakdown

Delegated Repayment

Delegated Repayment (DR) allows user to target a specific loan to repay faster and more efficiently.

How it works:

  1. Pick the veNFT you want to direct repayments towards

    1. This is now your Delegated veNFT

  2. All yield earned from a users other veNFTs will be directed to the repayment of the users delegated veNFT's debt.

  3. Once repayment is complete the delegated repayment is disabled and all rewards and repayments are directed to each individual veNFT.

Additionally, to get the most out of this new feature we suggest users review the methods of "Snowballing" and "Avalanche" debt repayment. Both strategies are now viable on the platform.

PreviousTop Up NextDelegated Repayment Tutorial

Last updated 1 month ago

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