Introducing Lantern 2.0 – Crypto Loans on Your Terms
Take full control over your crypto. Turn your crypto into capital instantly with Lantern 2.0. No credit checks, no middlemen—just transparent lending.
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By Roshni Shaikh, Product Marketing Manager at Lantern Finance
19 Feb 2025
Crypto lending should be simple, transparent, and built around your needs—not the fine print of centralized institutions.
That’s why we’re excited to introduce Lantern 2.0, a major upgrade that gives you complete control over how you leverage your crypto assets.
With this upgrade, we’ve built a more intuitive, secure, and flexible borrowing experience, allowing you to design and take out loans on your own terms—without middlemen, hidden fees, or unnecessary delays.
What’s New in Lantern 2.0?
We built Lantern 2.0 with one goal in mind: giving you more control over your crypto. So you can:
1. Customize Your Loans
One-size-fits-all lending terms can be restrictive, expensive, and a thing of the past.
With Lantern 2.0, you can:
Select your preferred collateral type – ETH, BTC, SOL (more coming soon)!
Set your loan-to-value ratio
Choose an interest rate to secure the best terms that fit your financial strategy
2. Get Instant Loan Approvals
Forget credit checks and complex paperwork—your crypto collateral is your credit. That means:
No delays—access capital when you need it
No trust issues—collateral is securely stored in cold storage with BitGo
No surprises—terms are clear and predictable
3. Get Access to Risk-free, Transparent, Secure Lending
Lantern was built to eliminate the risks of bad lending practices that plagued the crypto space. Our approach ensures:
Overcollateralized loans only—no fractional reserves, no counterparty risk
Clear, competitive rates—no hidden fees
On-chain transparency—track where your collateral is stored in real-time
4. Manage Loans Instantly, No Red Tape
We’ve completely overhauled our dashboard to give you an intuitive andeasy borrowing experience.
With Lantern 2.0, you can:
Effortlessly manage your loans – Adjust terms, track payments, and stay in control of your borrowing with a seamless dashboard.
Monitor loan health in real time – Keep an eye on your collateral value, loan-to-value ratio, and market conditions to make informed decisions.
Design your loan to suit your financial needs – Use BTC, ETH, or SOL as collateral and craft a loan that aligns with your cash flow needs.
Stay ahead of market trends with real-time data directly in your dashboard. Monitor price fluctuations, collateral values, and risk indicators to easily manage your loans. Whether adjusting your loan strategy or seizing new opportunities, Lantern 2.0 gives you the insights needed to navigate the market with confidence.
Why Trust Lantern?
We understand the risks of bad lending better than anyone—because we’ve lived through them. Our founding team personally experienced the collapses of BlockFi, Celsius, and Genesis, watching firsthand what happens when platforms take on unnecessary risk. The only part of those businesses that worked? Overcollateralized loans. And that is all we do at Lantern.
We’re here to ensure you can maximize the value of your crypto **without having to worry about the platform you use.**
Staking Update
As part of this transition, we are temporarily pausing the staking dashboard. If you’ve staked with Lantern, you’ll continue earning rewards, but they won’t be visible on your dashboard for the time being. If you’d like to unstake or withdraw, just email our support team at [email protected], and we’ll facilitate it. Need assistance? You can also book a call with us to go over the process together.
Turn Your Crypto Into Capital with Lantern 2.0
Getting started is easy:
Log in to your Lantern account—if you already have one, your account has been migrated and all you need to do is to reset the password.
Reset your password to gain access.
Start designing your loan and take control of your crypto finances.
For questions or assistance, reach out to us at [email protected]. We’re here to help—every step of the way.
Here’s to a smarter, safer, and more flexible future in crypto lending. Welcome to Lantern 2.0.