> 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="/files/z7DnpUOzs0lZhyrECQPm" 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="/files/BCDWOhShJorXOOdx7jz1" 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="/files/wFupIWTwzakB5aJblxFX" alt="" width="563"><figcaption></figcaption></figure> <figure><img src="/files/CcHcLxK22egUzoPNhXOz" alt="" width="563"><figcaption></figcaption></figure></div>