Strategies

Strategies combine several lending actions into one transaction. They can change collateral, debt, or both. The transaction succeeds only if its swap, market, authorization, and final account risk checks pass; otherwise, its changes roll back.

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Multiply

Multiply increases exposure to a collateral asset. The strategy borrows a debt asset, swaps it into the selected collateral, and supplies the result. The account finishes with more collateral and more debt. The debt market’s configured protocol fee reduces the borrowed tokens available for the swap. The full borrowed principal remains debt on the account. Leverage amplifies gains and losses relative to the starting capital. Price changes and borrowing costs can consume the account’s health-factor buffer. The account’s position mode is fixed at creation. Further multiply operations on that account must use the same mode. Ordinary supply, borrow, withdraw, and repay remain available under their usual authorization and risk checks.

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Swap debt

Swap debt changes the asset the account owes. The strategy borrows a replacement debt asset, swaps it into the original debt asset, and repays that debt. Existing collateral stays on the account. Review the replacement debt asset’s rate, price exposure, and available liquidity. A lower quoted interest rate does not guarantee a lower total borrowing cost.

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Swap collateral

Swap collateral withdraws one supplied asset, swaps it into another, and supplies the result. Debt remains on the account. The replacement asset must be eligible collateral on the account’s spoke. Its price and risk settings determine the final borrowing capacity and health factor.

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Repay with collateral

Repay with collateral uses a supplied balance to pay down debt. For different markets, the strategy withdraws collateral, swaps it into the debt asset, and repays debt. When collateral and debt use the same hub and token, it reduces both balances directly without a swap or token transfer. The close option requires every debt balance on the account to be cleared. It then returns the remaining balance of the selected collateral to the caller. Other supplied assets remain on the account. This action reduces both collateral and debt. Review the projected remaining balances rather than assuming that every partial repayment improves health factor by the same amount.

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Review a strategy

Before confirming in XOXNO, check:

• The amounts of collateral and debt remaining after the transaction.
• The projected borrowing capacity and health factor.
• The protocol fee, swap fees, minimum amount received, and accepted slippage.
• The markets and assets the transaction uses.

Strategies require valid prices and remain subject to listing controls, caps, and available liquidity. A transaction passing its checks does not guarantee a return or prevent later liquidation. Only the account owner or an active delegate can use these strategies on an existing account. A protocol-wide pause blocks them, including repay with collateral. Plain repayment has different pause and price requirements. Wait for confirmation, then check the remaining balances. If the result is unclear, follow Check transaction status before approving another strategy transaction. See the strategy integration guide for transaction construction and route constraints.