Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 21.

scotty595

newbie

Activity: 72

Merit: 0

Quote from: addicto on April 18, 2018, 09:54:51 AM

This ecosystem is growing very fast nice to read about latest update this showing the potential and in future how it could be more strong there is huge space for it to keep moving forward with this streak and become next big platform.

Lots of developments happening, super exciting!

addicto

legendary

Activity: 1526

Merit: 1012

This ecosystem is growing very fast nice to read about latest update this showing the potential and in future how it could be more strong there is huge space for it to keep moving forward with this streak and become next big platform.

scotty595

newbie

Activity: 72

Merit: 0

Quote from: camargoherrera on April 17, 2018, 11:07:08 AM

Borrower is the one who borrows ETH from Lender and he has to repay the ETH to Lender. If Borrower doesn't repay the loan Lender can claim the collateral Borrower posted (LEND token or any of the over 130 collateral tokens available right now)
I have a question that I cant seem to find the answer to anywhere: If I give SUB tokens for collateral for example, and my SUB tokens raise in value, do I have to repay the value of my collateral at time of loan or the new value of my SUB tokens?

You repay the amount you borrowed. The collateral secures the loan only, no relation to what you pay back... unless of course it drops below the loan value, in which case the lender can claim.

scotty595

newbie

Activity: 72

Merit: 0

Quote from: Makleyhill on April 17, 2018, 02:05:15 PM

ETHLend Reaches Record Breaking — Over 12,000 ETH Lending Volume https://blog.ethlend.io/ethlend-reaches-record-breaking-over-12-000-eth-lending-volume-353512dab571

https://cdn-images-1.medium.com/max/800/1*yR-6x3BrWEXPK-qlgh5fvg.png

This past month has been a total whirlwind at ETHLend. Recently, we launched our latest version of our decentralized application Alpha 0.3 (Kogia) to the Ethereum Testnet and we added a very important milestone on our journey: we will start licencing process on lending activities to expand the current business model to FIAT lending.

We thrilled to share that the latest versions of our dApp (Alpha 0.2.0 and Alpha 0.2.1 codenamed Omura) have reached a record breaking of 12,000 ETH in lending volume. The volume has doubled since our latest update on March 22nd when we announced reaching 6,000 ETH in loans, which shows a compelling increase in the transactions and size of loans.

The ETHLend team thanks the community and all borrowers and lenders to make the decentralized lending market come true.

Amazing

Makleyhill

member

Activity: 616

Merit: 11

ETHLend Reaches Record Breaking — Over 12,000 ETH Lending Volume https://blog.ethlend.io/ethlend-reaches-record-breaking-over-12-000-eth-lending-volume-353512dab571

This past month has been a total whirlwind at ETHLend. Recently, we launched our latest version of our decentralized application Alpha 0.3 (Kogia) to the Ethereum Testnet and we added a very important milestone on our journey: we will start licencing process on lending activities to expand the current business model to FIAT lending.

We thrilled to share that the latest versions of our dApp (Alpha 0.2.0 and Alpha 0.2.1 codenamed Omura) have reached a record breaking of 12,000 ETH in lending volume. The volume has doubled since our latest update on March 22nd when we announced reaching 6,000 ETH in loans, which shows a compelling increase in the transactions and size of loans.

The ETHLend team thanks the community and all borrowers and lenders to make the decentralized lending market come true.

Xantrax

hero member

Activity: 827

Merit: 502

that’s an impressive increase in volume. Great work. With the new version it will grow and grow

camargoherrera

member

Activity: 322

Merit: 10

Borrower is the one who borrows ETH from Lender and he has to repay the ETH to Lender. If Borrower doesn't repay the loan Lender can claim the collateral Borrower posted (LEND token or any of the over 130 collateral tokens available right now)
I have a question that I cant seem to find the answer to anywhere: If I give SUB tokens for collateral for example, and my SUB tokens raise in value, do I have to repay the value of my collateral at time of loan or the new value of my SUB tokens?

yassinebenouhoud

member

Activity: 294

Merit: 11

if you are near a collateral call i suggest you to repay your loan to avoid it, in future update you can add tokens to avoid collateral call
but of course remember if lender claims your collateral means that you can rebuy your collateral at the loan price
but if you have paid any installment you should repay the loan to not lose that

Pizza35kk

newbie

Activity: 252

Merit: 0

We know crypto may be very volatile. For example if my lend token value igoes below 809 usd ... Then lender can call the collateral . I have no option now to fill up more token to keep the value at least closed to the borrowed amount. Is it right
In this case am I going to loose the lend token to lender if value goes below 809 USD

Theodorre

newbie

Activity: 77

Merit: 0

The development of this project shows the potential and gains more attention from the ecosystem and will return in history to be repeated. Turning it into a large platform from this side we will provide long-term expectations with bitcoin factor as a reference. ETHLend will come back and be a big concern in the market.

camargoherrera

member

Activity: 322

Merit: 10

ICX is allowing you to swap your tokens over a period of a few months . You will have time . But to be safe make sure you verify the cutoff time to swap your icx tokens
If you miss the cuttoff time to swap your tokens they will become useless and worthless according to ICON

maardhayrule

newbie

Activity: 280

Merit: 0

i have a similar question, ICX planning to launch their platform this month April, if i give my lend for, lets say 6 months, the time that ICX already switch to the new mainet, do you support for the switch?

ajieafianto

newbie

Activity: 266

Merit: 0

ethlend app still seems pretty slow, what s the plan for the coming months to solve this issue? what if a competitor provides the same service as ethlend but with an app which is not slow?

scotty595

newbie

Activity: 72

Merit: 0

Quote from: mcfom on April 14, 2018, 03:23:40 AM

This is real correct approach to reach with lending service at global level. This morning came across to this article which is comprehensive roadmap for next few months to be done tasks containing. Process to obtain license to service providing within EEA (European Economic Area) is started and next countries to apply all are covering whole market at world level. This is big than some people can imagine at this moment what is coming next.

Super exciting!

camargoherrera

member

Activity: 322

Merit: 10

Quote from: tientien22 on April 14, 2018, 06:45:54 PM

If a loan containing the PRL token as collateral gets the SHL token airdropped; can you somehow claim the SHL token as collateral or are they forever lost inside the contract?

If the airdrop is allowed to smart contracts, then whoever claims the tokens (borrower upon repayment) or lender (upon default) will get the airdrop

tientien22

newbie

Activity: 266

Merit: 0

If a loan containing the PRL token as collateral gets the SHL token airdropped; can you somehow claim the SHL token as collateral or are they forever lost inside the contract?

mcfom

legendary

Activity: 1260

Merit: 1001

This is real correct approach to reach with lending service at global level. This morning came across to this article which is comprehensive roadmap for next few months to be done tasks containing. Process to obtain license to service providing within EEA (European Economic Area) is started and next countries to apply all are covering whole market at world level. This is big than some people can imagine at this moment what is coming next.

cd74reg

full member

Activity: 397

Merit: 107

ETHLend will always have the advantage of being one of the first block chain projects to work with legitimate lending.

Every day new competition keeps popping up who will take potential investments away by riding on the coattails of industry leaders like us and Salt.

They really need to take some knocks on their own to see how they hold up. That is partially the reason I cashed out because I think they have one more drop to go with the general crypto market to retest lows if this current rally means anything. Also, I could not let an easy 2-day gain of 18% slip away!

It will be hard watching from the sidelines as it ticks towards 800 sats but I think I will be rewarded with even more coins in a few weeks and can't wait! good luck guys.

Miiike

legendary

Activity: 2030

Merit: 1059

Wait... What?

Quote from: Ano on April 13, 2018, 12:50:04 PM

https://twitter.com/ethlend1/status/984810069945708544
https://blog.ethlend.io/ethlend-expands-to-fiat-lending-licensing-process-has-initiated-17f4e39c999

This update is game changer I feel this will boost the price of this token. This is still undervalued it will be worth for it to buy this token before this train leave this station even FOMO is not get started yet.

I don't think it's started yet, the FOMO. The increments on USD value was simply because of ETH and BTC increment. Once they launched this feature, we'll have the LEND increment too, consider it as a double profit

jtalk

legendary

Activity: 1610

Merit: 1004

This is the news which brought EthLend in spot light and will be caused of take off. It is actually results of hard work of ETHLend team which was running from here and there just to create the awareness and maximum exposure for the project. It is indeed big update which will have long term positive affects on project to transform it into big platform.

Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 21. (Read 43943 times)