Example:Alice has an active debt position in Fuji DAO, 1 ETH / 1000 USDC. Alice's USDC are currently deposited to Yearn Finance.Without Flashclose:In order to close her position, Alice would need to :
- 1.withdraw her USDC from Yearn
- 2.repay her debt in Fuji DAO
- 3.withdraw her collateralWith Flashclose:Alice doesn't need to witdraw her USDC from Yearn to close her position in Fuji DAO. Instead, Alice just need to call Fuji FlashClose, which closes her position and withdraws the remaining collateral.