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Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 13. (Read 43923 times)

full member
Activity: 364
Merit: 101

I will laugh when the coin falls below 1 cent. This is a real failure, the coin can die completely. The weak die, the strong survive.
legendary
Activity: 2030
Merit: 1059
Wait... What?
OMG coin is worth only 0.04 cents now

Everything is pretty down right now Sad

And that's not the price of OMG right know, OMG has never been that low...

What he means was like "oh my gosh, the price of the coin is worth only 0.04 cent right now". And agreed with scotty, most things is down right now
member
Activity: 304
Merit: 15
0xF8D135631a3dE808D86cA1CB1a5D4ecd9c2a0921
OMG coin is worth only 0.04 cents now

Everything is pretty down right now Sad

And that's not the price of OMG right know, OMG has never been that low...
newbie
Activity: 72
Merit: 0
OMG coin is worth only 0.04 cents now

Everything is pretty down right now Sad
newbie
Activity: 72
Merit: 0
I pay back $10 + $.14 interest on 6/8 in ETH. If I had to pay it by 6/10 and the price of ETH fell down so that my $10.14 fell to $9.14, would I have to put more money in? Or have I already payed it fully.

Conversion is calculated at the time of payment. For example, $500 in 2 payments could look like (0.5ETH ($500/ETH) + 0.25ETH ($1000/ETH))
newbie
Activity: 72
Merit: 0
does installment have to be manually sent to smart contract, or is it automatically sent from borrower’s metamask addy?
is it sent to lender’s addy?

Manually, all payments out of MetaMask need to be signed for manually by the user.
newbie
Activity: 72
Merit: 0
There is a project that wants to connect the ETHEREUM    BLOCKCHAIN with Bitcoin so they can interoperate, it is called Bitone Network (It reminds me of Ethereum in its beginnings), it seems that they are going to start pre-sale of tokens in a few weeks and it is going unnoticed

Sounds like someone is trying to promote an ICO project  Wink

There are multiple projects connecting various blockchains through various means. As you'll notice on our roadmap, we have bitcoin lending coming up, so we're well aware of the various possibilities.
newbie
Activity: 72
Merit: 0
Can anyone answer my question?
What the hell is ABCC exchange? Are they legit? Why do they have such a high trade volume of LEND but ethlend team never published this exchange?

It's a relatively new exchange. I'm assuming the high trade volume came from trading bots. ETHLend hasn't officially talked to them or anything like that. Technically any exchange could list the coin Wink

I would suggest to avoid the exchange until it's clear about how good the performance of the exchange is. If it's not really necessary, stick with major exchange

Agree, I think history is more important than volume
member
Activity: 210
Merit: 10
OMG coin is worth only 0.04 cents now
sr. member
Activity: 952
Merit: 251
I pay back $10 + $.14 interest on 6/8 in ETH. If I had to pay it by 6/10 and the price of ETH fell down so that my $10.14 fell to $9.14, would I have to put more money in? Or have I already payed it fully.

If you already made payment on current price conversion rate you don't need to put extra money to cover this difference but if you will make payment today than you have to add few more amount to cover this drop of price.
newbie
Activity: 266
Merit: 0
I pay back $10 + $.14 interest on 6/8 in ETH. If I had to pay it by 6/10 and the price of ETH fell down so that my $10.14 fell to $9.14, would I have to put more money in? Or have I already payed it fully.
newbie
Activity: 98
Merit: 0
does installment have to be manually sent to smart contract, or is it automatically sent from borrower’s metamask addy?
is it sent to lender’s addy?
member
Activity: 266
Merit: 10
There is a project that wants to connect the ETHEREUM    BLOCKCHAIN with Bitcoin so they can interoperate, it is called Bitone Network (It reminds me of Ethereum in its beginnings), it seems that they are going to start pre-sale of tokens in a few weeks and it is going unnoticed
sr. member
Activity: 448
Merit: 252
I think investors should start to worry because this tool is not actively used as I would like
legendary
Activity: 2030
Merit: 1059
Wait... What?
Can anyone answer my question?
What the hell is ABCC exchange? Are they legit? Why do they have such a high trade volume of LEND but ethlend team never published this exchange?

It's a relatively new exchange. I'm assuming the high trade volume came from trading bots. ETHLend hasn't officially talked to them or anything like that. Technically any exchange could list the coin Wink

I would suggest to avoid the exchange until it's clear about how good the performance of the exchange is. If it's not really necessary, stick with major exchange
newbie
Activity: 72
Merit: 0
Can anyone answer my question?
What the hell is ABCC exchange? Are they legit? Why do they have such a high trade volume of LEND but ethlend team never published this exchange?

It's a relatively new exchange. I'm assuming the high trade volume came from trading bots. ETHLend hasn't officially talked to them or anything like that. Technically any exchange could list the coin Wink
newbie
Activity: 72
Merit: 0
I think an eth browser with wallet (like cipher ou trust) is enough. I don t want to have multiple wallet to manage. With an eth t browser, I can access to all dapp in single place : kyber, bancor, ethlend and so on. Ethlend is like a web site.

It really depends on the users level of experience also. Some like to have 1 wallet for everything, others/more newbies may prefer to have a mobile app with explicit instructions - 1st do X, then do Y, finally do Z - all in the app not caring about where their ETH is.
newbie
Activity: 72
Merit: 0
Would be great to have a partnership with a decentralized exchange (like a 0x relayer) who would offer margin trading on its own platform, automatically creating loans on ETHLend. It would bring more loan requests to the platform.

Nice idea! I like it   Grin
newbie
Activity: 72
Merit: 0
One of them failed but the second transaction was successful but when I went to my “My Loans” it still shows as waiting for collateral. I tried again and got another successful transaction but again the platform is still asking me for collateral
Has the collateral been sent? Make sure you have the required collateral before you click the place collateral. Transactions will be: "Set Data" "Update USD (If USD based)" "Validate Collateral" "Place Collateral"
newbie
Activity: 72
Merit: 0
Trying to create a loan for the 3rd time keep getting to the final step to place my collateral, after pressing “place collateral” metamask pops up. I set gwei to 10 and hit submit. I get back to the loading screen only to be told to place my collateral again. How do I get this to work?

You've definitely got the required amount of collateral in your MetaMask?
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