Executing a Repayment

Before executing a repayment, there must be enough allowance to pay off the amount in the loan.

Approvals

Check the allowance for the principal token.

functionName: "allowance",
arguments: [userAddress, tellerV2ContractAddress] # the addresses are in the introduction section
contract: principalTokenSymbol # 'USDC' for example

To update the allowance

functionName: "approve",
arguments: [tellerV2ContractAddress, amountToApprove]
contract: principalTokenAddress

Executing the loan

If there is enough allowance, executing the loan repayment is as simple as calling repayLoanFull with the bidId as the parameter.

functionName: 'repayLoanFull',
args: [bidId],
contract: TellerV2,