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Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 23. (Read 43943 times)

newbie
Activity: 266
Merit: 0
This new structure accelerates user adoption and since LEND entitles zero lending fee and fee reductions the lenders and borrowers would prefer to purchase LEND from the market before going to ETHLend. When more users are using the application, there are more lenders and borrowers that would purchase the token from the market. Moreover, ETHLend uses 20% of the application fees to purchase LEND back and to reward active borrowers and lenders with airdrops, therefore increasing the demand for LEND. This unique way is the only way to direct the the value to the product, thus to the project and hence to the token value (and token holders).
member
Activity: 294
Merit: 11
To give you guys an update on the pigeos at the office balcony. It seems that the pigeos babies are coming out of the shelfes (at least one of them) and the other one is still in the egg and their mother is still hatching. This is the closest pic I got from the office, I did not want to disturb too much :p We also realised that on the other side of the same room (on another balcony), there is another nest and two small pigeos already came out of their shelfes It seems that our office balconies are quite a hot spot for these fellows!
member
Activity: 322
Merit: 10
we are actually creating links, once you press the address you will go to EtherScan, the idea of not showing full addresses is thst we want to avoid newcomers sending eth straight to borrowers, hence not securing their loans
member
Activity: 238
Merit: 10
Save the date | April 26 and 27, 2018: Join the ETHLend team at the World Blockchain Summit to be hosted at Moscow.  More information here: https://moscow.worldblockchainsummit.com/

sr. member
Activity: 1008
Merit: 253
ETHLend Unleashes Alpha 0.3 (Kogia) to Ethereum Testnet



With the user experience in focus, ETHLend is proud to present to you today the newest version of the decentralized application running on the Kovan testnet. This is definitely the biggest achievement for the ETHLend team, who have been busy working over the past few months to meet the milestones, new fee structure and additional functions for the new release. https://blog.ethlend.io/ethlend-unleashes-alpha-0-3-kogia-to-ethereum-testnet-6cf17b9a8500

Awesome update it seems very soon something big going to implemented on this platform. This will get more support from community and this token will head to new ATH after this kind of useful features.
sr. member
Activity: 518
Merit: 299
ETHLend Unleashes Alpha 0.3 (Kogia) to Ethereum Testnet



With the user experience in focus, ETHLend is proud to present to you today the newest version of the decentralized application running on the Kovan testnet. This is definitely the biggest achievement for the ETHLend team, who have been busy working over the past few months to meet the milestones, new fee structure and additional functions for the new release. https://blog.ethlend.io/ethlend-unleashes-alpha-0-3-kogia-to-ethereum-testnet-6cf17b9a8500

The main idea of this testnet release is to showcase the new user interface and functionalities and encourage the community members to test the logic of the decentralized applications and to make sure there is no unexpected behavior.
member
Activity: 616
Merit: 11
ETHLend Unleashes Alpha 0.3 (Kogia) to Ethereum Testnet



With the user experience in focus, ETHLend is proud to present to you today the newest version of the decentralized application running on the Kovan testnet. This is definitely the biggest achievement for the ETHLend team, who have been busy working over the past few months to meet the milestones, new fee structure and additional functions for the new release. https://blog.ethlend.io/ethlend-unleashes-alpha-0-3-kogia-to-ethereum-testnet-6cf17b9a8500
hero member
Activity: 1106
Merit: 504
This current development on partnership with Kyber really made things very interesting by opening door towards new opportunities. Of course as it has been explained and discussion is still going on about the possibilities to make everything more useful and automatic for maximum transparency to increase the efficiency at the same time.
sr. member
Activity: 952
Merit: 251
Looking forward to have a look on first live glance to new Ethereum DAPP Alpha 0.3 Kogia 🐳

Stay tuned to this thread soon you will get update about release. I also excited to see it live the y are doing hard job to implement unique features to make it more useful. This will bring a new wave of investment into this project I hope it will get succeed to make comeback.
member
Activity: 266
Merit: 16
Looking forward to have a look on first live glance to new Ethereum DAPP Alpha 0.3 Kogia 🐳
newbie
Activity: 72
Merit: 0
Can someone give me an explanation as to how LEND plans to handle the velocity issue with regard to the utility characteristic of the token? I mean, the volatility of the token itself is going to be very uncomfortable for end users using this token. Has anyone been able to explain why the token is necessary? This is a legitimate question, and not something unique to LEND so I'm not trying to FUD... just trying to rationalize my investment. Thanks

The token will provide fee free lending and other benefits within the platform itself.

The token itself is a utility token, but looking forward, especially with this newly announced partnership with Kyber! There could be zero issues when changing in/out of the contract - i.e. automatic to whatever you want. You could essentially fund the loan with whatever you have, convert to ETH/LEND/Whatever automatically, payments are auto converted as they're paid, that'd be super cool !
newbie
Activity: 72
Merit: 0
i have an idea, when funding a loan and it is being called i  am stuck with the collateral, so i need to trade it in exchange , instead i would like to authomaticly use Kyber Network and convert the collayeral to Eth or diffrrn token and send it to my wallet

That's part of the plan if you look at our latest partnership with Kyber  Smiley
member
Activity: 322
Merit: 10
 i have an idea, when funding a loan and it is being called i  am stuck with the collateral, so i need to trade it in exchange , instead i would like to authomaticly use Kyber Network and convert the collayeral to Eth or diffrrn token and send it to my wallet
newbie
Activity: 252
Merit: 0
Can someone give me an explanation as to how LEND plans to handle the velocity issue with regard to the utility characteristic of the token? I mean, the volatility of the token itself is going to be very uncomfortable for end users using this token. Has anyone been able to explain why the token is necessary? This is a legitimate question, and not something unique to LEND so I'm not trying to FUD... just trying to rationalize my investment. Thanks
member
Activity: 266
Merit: 10
 I believe when LEND is used as a currency it might be so that it draws spikes of demands since lenders would first obtain LEND and borrower would sell it after receiving the loan and eventually repurchasing the loan amount and premium for the repayment. However, this is how a currency works by creating volume. However I believe once the kending volume stabilizes to the supply and demand, most of this volatility will evade.
legendary
Activity: 2030
Merit: 1059
Wait... What?
whats the difference between ethlend, salt, lendingblock and other lending coins available

ETHLend enables crypto-to-crypto lending while SALT's project, if I'm not mistaken, is between crypto and fiat. IDK about lendingblock though, but I think it's only ETHLend that enables ETH token lending on today's market
sr. member
Activity: 422
Merit: 250
whats the difference between ethlend, salt, lendingblock and other lending coins available
hero member
Activity: 910
Merit: 520
More importantly, not all lenders are Ethereum holders. ETHLend is used additionally by lenders from the FIAT economy that want to access the opportunities of global lending market. For this aim, Ethereum is a perfect way to fund within seconds loans from different parts of the world. Such FIAT economy based lender is mainly interested in deriving profit in FIAT such as USD than Ethereum.
Absolutely agree with you. This is an amazing opportunity, a few years ago it was even difficult to imagine what is it possible.

Yeah, it's pretty cool. I love the idea of people with USD etc, jumping online converting to ETH and getting some awesome crypto returns relatively risk free through the USD pegging option.
I would be glad if a great idea also brought a wonderful income from growth of price
sr. member
Activity: 952
Merit: 251
PrimeStar_Support you are doing a stupid job to advertise your project with spamming into other projects. This kind of attempt looks like this could be a scam project so that please be responsible and promote this with better instead to try to hack other topic.
newbie
Activity: 72
Merit: 0
More importantly, not all lenders are Ethereum holders. ETHLend is used additionally by lenders from the FIAT economy that want to access the opportunities of global lending market. For this aim, Ethereum is a perfect way to fund within seconds loans from different parts of the world. Such FIAT economy based lender is mainly interested in deriving profit in FIAT such as USD than Ethereum.
Absolutely agree with you. This is an amazing opportunity, a few years ago it was even difficult to imagine what is it possible.

Yeah, it's pretty cool. I love the idea of people with USD etc, jumping online converting to ETH and getting some awesome crypto returns relatively risk free through the USD pegging option.
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