video1.0<iframe src="https://www.loom.com/embed/b4fc4cd4016d4e26876849fb43d3f008" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/b4fc4cd4016d4e26876849fb43d3f008-62e28971cbab084b.gif287.95Hey everyone, in this video, I walk you through the loan application process on Lantern Finance. You can borrow against nine different assets, and for this example, I chose to borrow $8,000 against XRP, which requires approximately 24,676 XRP. I explain important terms like loan-to-value ratio and the margin call process, ensuring you understand what to expect if the value of your collateral changes. I also cover how to receive your loan funds, either via wire or stablecoin, and emphasize the importance of including a destination tag for XRP transactions. Please make sure to review the loan agreement carefully before submitting your application.