I want to repay my alETH loan, but the gas fees are super high for executing the loan repayment contract, but not as high for liquidating.
Am I correct in understanding that if you liquidate your loan, the contract will keep only the amount that you need to repay, not the full collateral... then you can just withdraw your collateral minus the amount that needed to be repaid? I am nervous about liquidating without knowing for sure that my collateral (minus the amount I need to repay) will be available for me to withdraw 🙂 Admin confirmation appreciated!
In which case, is there any disadvantage to liquidating the loan vs repaying it?