> For the complete documentation index, see [llms.txt](https://docs.dano.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dano.finance/how-to-use/guides/danogo-staking-bond/how-to-borrow-ada-staking-rights.md).

# How to Borrow ADA Staking Rights?

First, Let's connect your wallet!

Step 1: Navigate to the Borrow menu. Click on the Borrow ADA button

<figure><img src="https://151939035-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXipTeu714Ty8zEKpJIdy%2Fuploads%2FXixFCciJzbISGbWI6NU0%2Fimage.png?alt=media&amp;token=821c038e-fa4f-441e-bde6-44a637fc2e5b" alt="" width="563"><figcaption></figcaption></figure>

Step 2: Configure the loan settings.

* The parameters that need configuration are
  * Volume
  * Duration
  * Borrow Interest Rate
  * Premium duration
    * Note: Note: Danogo will automatically calculate the premium amount (The initial interest amount that the borrower has to pay)
* Click Create Button

<figure><img src="https://151939035-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXipTeu714Ty8zEKpJIdy%2Fuploads%2FfxgJY1VEYOj5Y1cLlpvW%2Fimage.png?alt=media&amp;token=ca53c321-04b5-4020-9bc0-b39aa3c2b81a" alt="" width="563"><figcaption></figcaption></figure>

Step 3: Sign the transaction on your wallet

* After the transaction is completed, you will immediately receive Danogo Bond Borrow Token. This token is represented for your loan.
* The borrow request will be displayed on the Borrow screen

<div><figure><img src="https://151939035-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXipTeu714Ty8zEKpJIdy%2Fuploads%2FUU0TwL0uBQWhSSZoObLM%2Fimage.png?alt=media&amp;token=fd98444d-d6c7-42c1-b470-c667311af168" alt="" width="563"><figcaption></figcaption></figure> <figure><img src="https://151939035-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FXipTeu714Ty8zEKpJIdy%2Fuploads%2Fwt5htbMpviWQ2fog0by0%2Funnamed.webp?alt=media&amp;token=004a7450-76b5-47e6-9b94-457423855d3f" alt="" width="563"><figcaption></figcaption></figure></div>