> For the complete documentation index, see [llms.txt](https://csigma-asset-tokenization.gitbook.io/atlas/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://csigma-asset-tokenization.gitbook.io/atlas/pool-manager/lender-payment.md).
# Lender Payment
### Overview
The **Lender Payments** feature allows the Pool Manager to settle lender positions by redeeming their **LP tokens** and transferring the corresponding amount of **underlying assets** from the Tokenized Pool.
When a payment is executed:
* The lender’s **LP tokens are burned**
* The equivalent amount of **underlying tokens (e.g., USDC)** is transferred to the lender’s wallet
* The **Available Balance of the Tokenized Pool decreases**
This mechanism allows Pool Managers to process lender withdrawals or partial repayments from the pool.
### Navigation
To access the Lender Payments interface:
1. Navigate to the **Asset Tokenization** tab.
2. Select the desired **Tokenized Pool**.
3. Click the **Manage Lenders** tab.
4. Open the **Payments** section.
This section displays all lenders who have invested in the selected pool.
### Information Displayed
The Payments screen shows key information for each lender, including:
* **Wallet Address** — The lender’s approved wallet
* **LP Balance** — The number of LP tokens held by the lender
* **LP Token Value** — The current value of the lender’s position in underlying assets
This information helps the Pool Manager determine how much capital can be settled for each lender.
### Payment Process
#### Step 1 — Select Lenders
The Pool Manager can select **one or multiple lenders** from the list.
#### Step 2 — Enter Payment Amount
The Pool Manager defines the amount that should be settled using the **Available Balance** of the pool.
There are two possible approaches:
**Individual Settlement**\
The Pool Manager specifies the amount to be paid to selected lenders.
**Proportional Settlement**\
The Pool Manager enters a single amount, which is automatically distributed **proportionally among the selected lenders based on their LP token share**.
#### Step 3 — Execute Payment
Once the payment is confirmed:
* The specified amount is deducted from the **Available Balance**
* The corresponding **LP tokens of the selected lenders are burned**
* The equivalent amount of **underlying tokens is transferred to the lenders’ wallets**
### Example
Assume the pool has **100 USDC Available Balance** and three lenders hold LP tokens representing:
| Lender | LP Share |
| -------- | -------- |
| Lender A | 50% |
| Lender B | 30% |
| Lender C | 20% |
If the Pool Manager distributes **50 USDC proportionally**:
| Lender | Payment |
| -------- | ------- |
| Lender A | 25 USDC |
| Lender B | 15 USDC |
| Lender C | 10 USDC |
The respective LP tokens are burned to reflect the reduction in each lender’s position.
### Important Notes
* Payments are executed using the **Available Balance of the Tokenized Pool**.
* The platform automatically **burns LP tokens equivalent to the payment amount**.
* Lenders receive the **underlying asset directly in their wallet**.
* Pool Managers can process payments for **multiple lenders simultaneously**.
### Role Responsibility
**Pool Manager Responsibilities**
* Manage lender redemptions and repayments
* Ensure sufficient Available Balance exists before processing payments
* Select lenders and execute settlement transactions
This process ensures that lender repayments are handled **transparently and accurately**, while maintaining correct accounting of LP token balances within the Tokenized Pool.
