To get a loan of $35 + 15% interest, the final amount you need to pay back is $40.25. For this, you must provide collateral at the value of 30% more than the total debt as a guarantee, approximately $52.33. Plus to covers the fee for the transaction.
By "provide", I mean that you send the lender BabyDoge in that value, not only show the wallet in which you keep it. After that, you will receive the agreed $35 loan.
+30% in collateral is due to the violation of the currency, so the lender has time to terminate the collateral in time to cover his investment.
That's it in a nutshell, percentages and some details may differ between lenders.