Stellar (XLM) Now Accepted as Loan Collateral

Exciting News for Stellar Enthusiasts!

Lantern Finance is thrilled to announce the launch of Stellar (XLM) as a new collateral option on our platform! As we continue to expand our cryptocurrency offerings, we are delighted to provide our users with more flexibility in managing their financial needs. Now, you can use your Stellar Lumens (XLM) as collateral for USD and USDC loans, aligning with our commitment to enhance your crypto-borrowing experience.

What is Stellar (XLM)?

Stellar is a platform that connects banks, payment systems, and people. It facilitates low-cost, multi-currency transactions, including micropayments. XLM, or Stellar Lumens, is the native digital currency of the Stellar network and is used to facilitate trades between different currencies and pay for transaction fees.

Why Use XLM as Loan Collateral with Lantern?

• Security First: We use best-in-class security and custody measures to ensure that your XLM is protected against any threats.

• Flexible Loan Terms: Using XLM as collateral, you can access loans with competitive interest rates and flexible repayment terms tailored to meet your financial goals.

• Quick Access to Funds: By using your Stellar Lumens as collateral, you can quickly unlock the value of your digital assets without needing to sell them, maintaining your position while accessing the liquidity you need.

Getting Started with XLM Collateral Loans

To begin using your XLM as collateral for a loan, please contact us directly so that our team can guide you through the process. Our personalized service ensures that you are well taken care of, and all your specific needs are met.

Have Questions?

If you have any questions about Stellar or need assistance with other services, please reach out to our support team at [email protected]. We would be happy to answer any questions for you.