> For the complete documentation index, see [llms.txt](https://pego-network.gitbook.io/pego-network/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pego-network.gitbook.io/pego-network/pego-wiki-1/user-manual/w3bank-tutorial/redemption-and-repayment.md).

# Redemption and Repayment

1. **Repayment**

To repay your borrowing, you must click the "Repay" button located in the borrowing section. Remember, each time you make a repayment, you must pay 0.3% W3K, which will be destroyed.

<figure><img src="https://4125020820-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKfIARDZBcF0ZQ5IAvIRD%2Fuploads%2FkDhNATNkxQpwLSk3g32g%2Fimage.png?alt=media&amp;token=47172ea8-2ac7-431a-aacd-e3c8214ff498" alt="" width="375"><figcaption></figcaption></figure>

2. **Redemption**

If the user has no outstanding loans and their assets are in the unused mortgage state, the "Redemption" button in the asset details section of the supply section can be easily clicked. Nevertheless, if there are existing loans or assets under the mortgage, the user must first repay the loan or release the asset from its mortgage status before redeeming.

​

<figure><img src="https://4125020820-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKfIARDZBcF0ZQ5IAvIRD%2Fuploads%2F3syPNEKQTLhmsoogeeTp%2Fimage.png?alt=media&amp;token=6ef1a651-99b7-4817-adcb-ea324483b42c" alt="" width="375"><figcaption></figcaption></figure>