Three New Features to Help You Manage Your Crypto Loans Better

Hey Lantern Community,

We've been listening to your feedback and building features that give you more control, flexibility, and security. Today, we’re going to explore these new features.

But first, market update!

Here are three major updates now live on Lantern Finance:

1. Two-Factor Authentication (2FA)

Your account security just got a major upgrade. Two-Factor Authentication adds an extra layer of protection by requiring a time-based code from your authenticator app whenever you log in or make a withdrawal.

How to enable it:

• Go to Settings in your Lantern dashboard

• Toggle on "Two-Factor Authentication" under Security

• Scan the QR code with any authenticator app (Google Authenticator, Authy, Microsoft Authenticator, etc.)

• Enter the 6-digit verification code

• Done

Now, even if someone gets your password, they can't access your account or withdraw funds without the constantly changing code from your phone.

You can also mark trusted devices to skip 2FA for 30 days on devices you use regularly.

Learn more here: https://lantern.finance/blog/two-factor-authentication-now-available

2. Unlock Collateral

The new Unlock Collateral feature lets you reclaim excess collateral and move it back to your available balance.

How it works: Once your Loan-to-Value (LTV) drops at least 10% below the loan's maximum allowable LTV, you can unlock the difference. For example, if you have a BTC loan that has a 50% max LTV, you can unlock collateral once you reach 40% LTV or lower.

Why use it:

• Access liquidity when your collateral appreciates

• Use unlocked funds as collateral for a new loan

• Manage your position without contacting support

• Available 24/7 through your dashboard

The process is simple: check your eligibility, choose how much to unlock, review your updated loan terms, and submit. Your unlocked collateral appears in your available balance immediately.

Learn more here: https://lantern.finance/blog/introducing-unlock-collateral

3. Refinance Your Loan

Your one-year loan term is approaching maturity, but you're not ready to pay back the full principal. Now you can extend your loan for another 12 months without closing your position.

When to refinance:

• Your loan is approaching or past its maturity date

• You want to lock in lower interest rates

• You need more time while maintaining your crypto exposure

How it works: As long as your LTV is at or below the maximum for your asset, you can refinance through your dashboard. You'll pay any prorated interest from your current loan plus a 2% upfront fee, and your loan automatically extends for a fresh 12-month term.

Key benefits:

• Keep your crypto position intact during bull markets

• No credit checks or lengthy approval processes

• Lock in new rates early if they've dropped

• Avoid triggering taxable events from selling

https://lantern.finance/blog/how-to-refinance-your-lantern-loan

These three features give you more control over your account security, your collateral, and your loan terms. All are available now through your Lantern dashboard.

Questions? Our team is here to help at [email protected] or (415) 365-0100.

To more updates,

The Lantern Team

This newsletter is for educational purposes only and does not constitute financial advice. Crypto markets are volatile, and leveraged positions amplify both gains and losses. Always understand your risk before borrowing.