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If you lend or borrow on Blend V2, you can move your position to XOXNO in one transaction. The protocol repays your Blend debt, withdraws your Blend balances, and opens an equivalent XOXNO account atomically. If anything fails, nothing changes on either protocol. See XOXNO vs Blend for how the two protocols differ.

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What the migration does

  1. Repays your outstanding Blend debt.
  2. Withdraws your Blend collateral and any non-collateral supply.
  3. Deposits the withdrawn assets as XOXNO collateral.
  4. Opens or updates your XOXNO lending account with matching debt.
On XOXNO, all supplied assets act as collateral. Blend non-collateral supply becomes collateral here. There is no separate non-collateral supply mode.

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Requirements

Before you migrate, confirm:
  • Your Blend pool is on the XOXNO approved list. Only governance-approved pools are supported.
  • You own the Blend position and authorize the migration from your wallet.
  • Your migrated position would pass XOXNO health and borrowing checks. Very tight Blend positions may need a smaller debt cap or extra collateral first.
  • You understand XOXNO uses one shared pool and scaled internal balances instead of Blend bTokens and dTokens.
XOXNO lending selects your Blend pool, collateral, supply, and debt assets. You review the outcome and confirm once.

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After migration

Your position lives on XOXNO under the same wallet. Monitor your new health factor and risk parameters, which may differ from your old Blend pool. You can supply more, borrow more, repay, withdraw, or use strategies from XOXNO lending. Positions do not migrate automatically. You must start the migration yourself.
For developers: The migrate_from_blend flow, parameters, refund reconciliation, and failure modes are in the Blend migration developer guide.