1. Set Up Wallets: Ensure you have an EVM-compatible wallet (such as MetaMask) and a Cardano wallet ready.
  2. Connect Wallets: Visit the Lendex platform and connect both your MetaMask and Cardano wallets.
  3. Select NFT Collateral: Browse your Ethereum ERC721 NFTs and select one or more to use as collateral for your loan request.
  4. Request a Loan: Specify the amount of ADA you wish to borrow and submit your loan request.
  5. Receive Funds: Once your loan is approved, the ADA will be transferred to your Cardano wallet.

By following these steps, users can quickly access liquidity using their NFTs as collateral through Lendex.