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Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 25. (Read 43923 times)

newbie
Activity: 72
Merit: 0
quick question on ICX, its still erc20 token, what will happen if ICON announce switch to mainnet tokens and make deadline 1-3 month for change,  but somebody take loan for 180 days with ICX as collaterall ? Lender cant force borrower to pay back loan but in same time after 180 days erc20 wil be useless

In this situation, I'd think the borrower would want to pay back the loan to get the ICX tokens so they get the new ones (unless the value drops below 100%, in which case the lender can claim). I guess it depends on exactly how ICX would handle the changeover - i.e. the individual change over strategy matters hugely - snapshot vs. exchanging tokens.
member
Activity: 294
Merit: 11
what if present collateral value remains the same lets say 67% and borrower has no incentive to return , how lender can force borrower to close the deal , because for example end of the deal will be after the deadline of tokens swap. I just cant understand how you will avoid situation when lender can potentially stays with useless erc20 tokens
member
Activity: 252
Merit: 10
 quick question on ICX, its still erc20 token, what will happen if ICON announce switch to mainnet tokens and make deadline 1-3 month for change,  but somebody take loan for 180 days with ICX as collaterall ? Lender cant force borrower to pay back loan but in same time after 180 days erc20 wil be useless
member
Activity: 322
Merit: 10
What happens when a borrower misses an installment on a usd pegged loan. Can the borrower just miss the payment, wait for a favorable price and eat the 5% or are they locked in at the due date rate
full member
Activity: 448
Merit: 102
Beam me up!
🔔STRATEGIC PARTNERSHIP: ETHLend is proud to announce a partnership with #Kyber Network, an #Ethereum based protocol that allows the instant exchange and conversion of digital assets:
https://t.co/1fH665t6fX

" About Kyber Network
Kyber Network is a decentralized and trustless exchange that enables instant conversion of crypto-assets with guaranteed liquidity. The Kyber protocol is a key to promoting liquidity of crypto-assets in the blockchain ecosystem and improving the public perception of tokens as a tradable asset class."

Nice!
sr. member
Activity: 462
Merit: 250
the key is the liquidation, the most important part of price tracking is to ensure that the lender can call the collateral and liquidate and the price difference is smallest as possible
hero member
Activity: 910
Merit: 520
You need three dimensional strategy to succeed by being active in every filed which matters for the success of project. This is happening here as well development is going on to improve the platform whereas keep spreading away word for EthLend is being worked on with same interest. Result is visible from the performance in one of toughest bearish times price are still resisting at reasonable floor.
Yes, I agree, it is really amazing and I respect this project is for it, the price does not fall like everyone else
legendary
Activity: 1526
Merit: 1003
You need three dimensional strategy to succeed by being active in every filed which matters for the success of project. This is happening here as well development is going on to improve the platform whereas keep spreading away word for EthLend is being worked on with same interest. Result is visible from the performance in one of toughest bearish times price are still resisting at reasonable floor.
member
Activity: 266
Merit: 16
🔔STRATEGIC PARTNERSHIP: ETHLend is proud to announce a partnership with #Kyber Network, an #Ethereum based protocol that allows the instant exchange and conversion of digital assets:
https://t.co/1fH665t6fX
newbie
Activity: 72
Merit: 0
newbie
Activity: 72
Merit: 0
Talks about how the bounties issues being solved is total bullshit.

Still waiting my bounty, contacted Ville many times. And I am sure that i am not the only one. Real people have showed proofs about they are the real people behind the claiming bounties. Not scammers. Team presents them as scammers just not to pay out bounties.

Waited many months, not gonna wait anymore. You guys fucked up. Seriously fucked up.

I can't saw your username in the spreadsheet, anyway I have received my token in last week, if you are the real participant in the bounty campaign, you will receive it surely.

Could you please move this talk into relevant thread and let this topic clean for general discussion. It deosn't make any sense to post you complains into this thread which is only for updates and discuss on growth of this platform.

I would actually address to this problem in order to clear the situation and helps people understand that not all of those scam accusation by users who didn't get payment was actually because the team abandoned their project, scamming investors, etc. I am not part of the team. I was simply someone who was here from the first time ETHLend started, supporting them, holding my tokens, and of course (as I am a sane investors with brain) I'd like to see the price grow. And this kind of post would easily scare people away if not explained correctly.

His claim of so many people not receiving payments, it's been explained over and over that some was simply because of misunderstanding, the payment will be done in batches, every week, for 2 millions token each week. with first come first serve basis. If you're late and you got to the last of the line, despite you're being an early investors or early supporters, the fault was yours because you missed the announcement, but rest assured that the payment will be done, sooner or later. You'll receive your payment.

Some people are also got their payment late because of other people trying to manipulate the system by claiming his reward. This fake claim got reported, the payment got delayed because of the report, etc. Such an unfortunate event, really, but on the bright side, at least the true eligible user will get their payment, hopefully when the price is right.

And then... there is this kind of people... I don't know how to categorize him, so I left it out to you to decide which category he fell into.

You see, based on his post below,

I saw that if you voted for ETHlend to get listed on binance, you get free eth bounty?

Cause you had to insert your eth address.

I am a believer of ETHlend and I sincerely like the project.

However why I am asking, is that was the information correct or I did insert my eth address to some scammer website and there is no bounty for voting ethlend to get listed on binance? You had to vote for it in the twitter and then fill in the box.

Any news on that?

you can't conclude if he actually finally followed the binance bounty or not, because his question was left unanswered, or if he follow other bounty program or not. But we can safely assume that if he followed any, it should be (at least) binance program. I've tried to search for his username "eldiablo666" on both of the binance spreadsheet and the final spreadsheet, and I found none. I can only conclude 2 things from this, either

(1) he never enrolled and it will be safe to assume that his post is merely to further create confusion on this thread, or

(2) he did enrolled to binance program, but he never submitted the form, which resulting his name would never appear. And of course, it won't be fair to blame the admins for this, as we had a huge degree of responsibility on checking if our name is already listed on any bounty spreadsheet or not. Even if he forgot to fill it on the first place, on the first form submission, he could easily fix this by contacting admin about this mistake and/or submitted the final form and explained later to bounty manager about why his name didn't appear on the binance list, but he claimed a portion on the final form. As we can see that his name never appear on any form, (except if he use his telegram name, and if that's the case, then I'll humbly asked you to informed us of your telegram name here) I think we can say he indeed never actually submitted any form, despite the instruction. Ultimately, whose fault will this be? Manager's?


Definitely a good idea for people to look in the bounty thread though, there are clear instructions on exactly how to approach the situation of how to get in touch with us if people's bounty hasn't been paid. The bounty programme was big, and complex, a lot of people to pay and a lot to organise!

There was some misunderstandings, but as you said, all should be cleaned up Smiley
newbie
Activity: 72
Merit: 0
are there any planned events in the near future that could affect the price positively?

Possibly... ultimately it's up to the market to decide, but we are releasing a new version 0.3 with a MAJOR interface upgrade very very soon.
newbie
Activity: 72
Merit: 0
i' m thinking about usd pegged loans..seems more difficult to get the loan.. and imo is the fear that ethereum goes up and then lender gets back less ether...this is a good sign market long term is bullish Wink

It works both ways though, look at the recent drop - the USD borrowers actually need to pay back more ETH if their loan is maturing. It's a 2 way street Smiley
hero member
Activity: 910
Merit: 520
are there any planned events in the near future that could affect the price positively?
legendary
Activity: 2030
Merit: 1059
Wait... What?
Talks about how the bounties issues being solved is total bullshit.

Still waiting my bounty, contacted Ville many times. And I am sure that i am not the only one. Real people have showed proofs about they are the real people behind the claiming bounties. Not scammers. Team presents them as scammers just not to pay out bounties.

Waited many months, not gonna wait anymore. You guys fucked up. Seriously fucked up.

I can't saw your username in the spreadsheet, anyway I have received my token in last week, if you are the real participant in the bounty campaign, you will receive it surely.

Could you please move this talk into relevant thread and let this topic clean for general discussion. It deosn't make any sense to post you complains into this thread which is only for updates and discuss on growth of this platform.

I would actually address to this problem in order to clear the situation and helps people understand that not all of those scam accusation by users who didn't get payment was actually because the team abandoned their project, scamming investors, etc. I am not part of the team. I was simply someone who was here from the first time ETHLend started, supporting them, holding my tokens, and of course (as I am a sane investors with brain) I'd like to see the price grow. And this kind of post would easily scare people away if not explained correctly.

His claim of so many people not receiving payments, it's been explained over and over that some was simply because of misunderstanding, the payment will be done in batches, every week, for 2 millions token each week. with first come first serve basis. If you're late and you got to the last of the line, despite you're being an early investors or early supporters, the fault was yours because you missed the announcement, but rest assured that the payment will be done, sooner or later. You'll receive your payment.

Some people are also got their payment late because of other people trying to manipulate the system by claiming his reward. This fake claim got reported, the payment got delayed because of the report, etc. Such an unfortunate event, really, but on the bright side, at least the true eligible user will get their payment, hopefully when the price is right.

And then... there is this kind of people... I don't know how to categorize him, so I left it out to you to decide which category he fell into.

You see, based on his post below,

I saw that if you voted for ETHlend to get listed on binance, you get free eth bounty?

Cause you had to insert your eth address.

I am a believer of ETHlend and I sincerely like the project.

However why I am asking, is that was the information correct or I did insert my eth address to some scammer website and there is no bounty for voting ethlend to get listed on binance? You had to vote for it in the twitter and then fill in the box.

Any news on that?

you can't conclude if he actually finally followed the binance bounty or not, because his question was left unanswered, or if he follow other bounty program or not. But we can safely assume that if he followed any, it should be (at least) binance program. I've tried to search for his username "eldiablo666" on both of the binance spreadsheet and the final spreadsheet, and I found none. I can only conclude 2 things from this, either

(1) he never enrolled and it will be safe to assume that his post is merely to further create confusion on this thread, or

(2) he did enrolled to binance program, but he never submitted the form, which resulting his name would never appear. And of course, it won't be fair to blame the admins for this, as we had a huge degree of responsibility on checking if our name is already listed on any bounty spreadsheet or not. Even if he forgot to fill it on the first place, on the first form submission, he could easily fix this by contacting admin about this mistake and/or submitted the final form and explained later to bounty manager about why his name didn't appear on the binance list, but he claimed a portion on the final form. As we can see that his name never appear on any form, (except if he use his telegram name, and if that's the case, then I'll humbly asked you to informed us of your telegram name here) I think we can say he indeed never actually submitted any form, despite the instruction. Ultimately, whose fault will this be? Manager's?
sr. member
Activity: 1008
Merit: 253
Talks about how the bounties issues being solved is total bullshit.

Still waiting my bounty, contacted Ville many times. And I am sure that i am not the only one. Real people have showed proofs about they are the real people behind the claiming bounties. Not scammers. Team presents them as scammers just not to pay out bounties.

Waited many months, not gonna wait anymore. You guys fucked up. Seriously fucked up.

I can't saw your username in the spreadsheet, anyway I have received my token in last week, if you are the real participant in the bounty campaign, you will receive it surely.

Could you please move this talk into relevant thread and let this topic clean for general discussion. It deosn't make any sense to post you complains into this thread which is only for updates and discuss on growth of this platform.
newbie
Activity: 5
Merit: 0
Looks like complaining sometimes does work.

I have received my bounty as well have others. But only after posting my original post that i edited now.

Yes Mike, you really are smart. Since I received my bounty you were right and i never participated(lol)

Yes Mike, I never ever ever ever ever never contacted bounty manager. You are a really smart one over here. Like i posted, i did contact the manager many times.

However I did get my bounty and looks like a lot of others did, i decided to edit my original post and change it to this.

Note: i have no allegations against ethlend. I received what was promised to me and i'm happy with it. I did thought that after my text i would not get it. But i did. So good luck to team and no hard feelings from me.

Wish you good luck.
sr. member
Activity: 952
Merit: 251
I have LEND tokens in my EIDOO wallet. I would like to transfer it to Binance, but my EIDOO wallet is out of ETH. How much ETH is required to be in the wallet for moving the LEND

You'll need ETH to pay gas, so technically you'll only need to have as much as it needs to pay the fee, although (just like how MEW advice), it's better to have some stored there in case of future use.

0.01 ETH will be fine amount to cover gas price if you want to get any kind of error sometimes it showed strange error like out of gas if we have low than that amount. After this you can make transfer ETH amount too.
hero member
Activity: 770
Merit: 504
This is the end of the coin. Farewell, once a promising coin ...
it is early to bury the coin, the project is developing, just price of the coin does not have time for project

Now the market is going down, I think it's temporary and we will soon see growth.
Token will also grow in price, now it makes no sense to sell it cheaply.
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