> For the complete documentation index, see [llms.txt](https://docs.untitledbank.co/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.untitledbank.co/how-to/leverage-repay-with-collateral.md).

# Leverage / Repay with Collateral

### **What Is Leverage and How Does It Work?**

A one-click strategy that automates the borrowing and re-depositing process. You can increase exposure to a greater-yield asset by depositing the additional collateral.

<figure><img src="https://3252989348-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FN0J2kJZOrewonkLY6Dkj%2Fuploads%2FkrShIjiK8EHEvGbkq8zZ%2FLeverage%201.png?alt=media&amp;token=9b1b34b9-9efb-4773-9945-00cf654ed2f0" alt=""><figcaption></figcaption></figure>

1. **Go to Borrow Page and choose the market you want to borrow and leverage.**

<figure><img src="https://3252989348-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FN0J2kJZOrewonkLY6Dkj%2Fuploads%2F2s4bQbfV0S7F787nC3Cy%2FLeverage%202.png?alt=media&amp;token=c3bd0574-32f8-4d7b-a8af-80799c49333f" alt=""><figcaption></figcaption></figure>

2. **Choose the ‘Leverage’ feature at the top of Actions bundles.**

<figure><img src="https://3252989348-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FN0J2kJZOrewonkLY6Dkj%2Fuploads%2F3lpOp5pwqhCs7E9TfrIh%2FLeverage%203.png?alt=media&amp;token=8f4b9aac-9edd-4686-bb59-ec7581e6e179" alt=""><figcaption></figcaption></figure>

3. **Insert the amount of asset you want to deposit(collateralize) and choose the leverage amount.**

<figure><img src="https://3252989348-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FN0J2kJZOrewonkLY6Dkj%2Fuploads%2FJy4mqmyqpnRxQOL489FO%2FLeverage%204.png?alt=media&amp;token=2acfff71-62b8-4dbd-a45b-2158d975e420" alt=""><figcaption></figcaption></figure>

4. **Approve transactions and check your leveraged position.**

<figure><img src="https://3252989348-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FN0J2kJZOrewonkLY6Dkj%2Fuploads%2FbOQFKhrt6Ji1ngNwzZho%2FLeverage%205.png?alt=media&amp;token=e76fef4c-3978-4361-999c-76c0992430c3" alt=""><figcaption></figcaption></figure>

### Repay with Collateral (Deleverage)

If you want to close your leveraged positions - you can either repay with funds from your wallet, or **repay with your collateral.**&#x20;

By choosing 'Repay with collateral' option, the collateral is withdrawn and swapped into the borrowed token to be repaid.

<figure><img src="https://3252989348-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FN0J2kJZOrewonkLY6Dkj%2Fuploads%2F3azMXCNeboFF5LYoxs0k%2FLeverage%206.png?alt=media&amp;token=70812936-fa3f-43b4-b0fb-54816009d5c2" alt=""><figcaption></figcaption></figure>
