Lantern is a US-based company offering secure access to crypto-backed loans ✨
Las Vegas, NV
Joined September 2023
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Lantern Trading & Custody is here!
Starting today, Lantern clients can buy, sell, hold, and manage crypto (in addition to cash) directly inside Lantern.
We're breaking it down for you here 👇
Lantern Finance retweeted
The biggest risk borrowers face is liquidation risk.
At @LanternFi we provide a market-leading 72 hr grace period that gives you time to address any margin calls.
Other platforms automatically liquidate you and charge a fat 4-5% additional liquidation penalty as cherry on top.
When the market moves, "we'll liquidate you" shouldn't be the only option.
A real borrower came to Lantern after another platform offered no protections.
Collateral in custody, never lent out. A 72hr grace period when it counts.
lantern.finance
When the market moves, "we'll liquidate you" shouldn't be the only option.
A real borrower came to Lantern after another platform offered no protections.
Collateral in custody, never lent out. A 72hr grace period when it counts.
lantern.finance
More control over your loan, starting today.
Sell Collateral is live on Lantern.
Take profit, manage your LTV, or close out entirely, all directly from your loan page in one step.
See our full blog post and guide in the thread below ⬇️
U.S. September CPI came in hotter than expected.
Headline inflation rose to 3.7% year over year, up from 3.4% in August, with core at 2.6%.
All four readings landed at or above forecasts.
A borrower came to us this week after their loan was liquidated on another platform.
No warning, no grace, and a fee on the way out.
At Lantern you get a 72-hour grace period after any margin call, a real person for support and 0 liquidation fees.
lantern.finance
Treasury yields just hit fresh cycle highs and all eyes turn to the Fed with meeting minutes releasing today.
The @CFTC proposed its first real framework today bringing leveraged and margined trading under federal oversight.
Happy Friday.
Two moves worth watching this week.
$BTC dominance is back near 60% as traders rotate into majors. $XRP reclaimed $1.50.
Holding through the swings? You can borrow against your crypto instead of selling it.
Rates and details at lantern.finance
RLUSD just became more useful for Lantern clients.
You can now pay both interest and principal on your Lantern crypto-backed loan in RLUSD, giving you another way to manage payments.
See how it works and why it matters:
lantern.finance/blog/pay-you…
This is how generational wealth is created.
Billionaires like Elon Musk, Jeff Bezos, Bill Gates - all of them are wealthy because they hold on to appreciating assets.
How do they pay for nice things then? Or invest in other projects or real estate?
They borrow against their stocks. Borrowing against your assets is not a taxable event, and you also keep the underlying collateral as the price appreciates over time.
If you're bullish on XRP, you can do the same at Lantern. We lend you dollars against your XRP (and other crypto), so you can access liquidity without having to sell.
With Lantern, you get the following:
1. 72 hour grace period that protects against flash crashes.
2. Real US-based human support via call/text/email
3. $250M in insurance with @BitGo's institutional grade cold storage for your crypto
Reach out if you have any questions!
Lantern Finance retweeted
One option is accessing liquidity against your XRP without selling, like how Elon Musk does with his Tesla stock or Jeff Bezos with Amazon.
You can do the same thing with XRP through @LanternFi
- US based with real human support
- $250m insurance with qualified custody via @BitGo
- 72 hr grace period for liquidation
Thank you for the shoutout @Birdie_Benoit!
With Lantern, you also have access to a 72 hour grace period which helps protect you against automatic liquidations during flash crashes.
You have ample time to either add more collateral, make partial payments, and/or wait for the market to recover!
Check out lantern.finance
They are very similar to Arch Lending. One difference is the minimum loan amount with Lantern Finance is only one thousand dollars.
NFA Tip: One idea could be to use the loan proceeds to buy more xrp and then put that XRP back onto the Lantern loan as added collateral. This can greatly lower your Loan-to-Value, LTV.
There are risks, so do your own research.
Not sure how to make the interest-only payments? Some people hold back a portion of the loan proceeds to use to make the monthly payments. Then use the rest to buy XRP to add back as collateral.
Just ideas. This is not for everyone, so consider the risk to your personal situation.
This is not financial advice, NFA.
I am not an employee, personal friend, or family member of Lantern Finance. I am just a satisfied customer.
@LanternFi
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@jungwonkim312
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@prince_lantern
Lantern Finance retweeted
Check out @LanternFi . Its a licensed american based company that does crypto backed loans. You can actually talk to a human and even set up Google meet video calls with their support team. And yes they do loans for #xrp. Also you can buy crypto for 1% fee with NO spread. Check them out.
Cardano (ADA) is now available for trading on Lantern Finance 🎉
Buy and sell ADA through a platform built to make digital assets simple, secure, and accessible.
Explore ADA on Lantern:
lantern.finance
Availability and terms may vary. Trading involves risk.
Lantern Finance retweeted
Check out @LanternFi next time if you want to borrow against your XRP!
We have 72 hr grace period that protects against auto liquidation, real human support, and $250m insurance on custody through BitGo