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Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 40. (Read 43923 times)

legendary
Activity: 2030
Merit: 1059
Wait... What?
SALT is a much better project. I would switch your investments. I sold me LEND and bought during the market dip last week. Best decision I've made.

How could that be a good decision is somewhat mysterious to me. I didn't follow SALT's price, but if you sell lend last week and convert them to salt, then according to weekly chart, you were buying at a market rise and now the price is dipping, so either you're stuck at a high price and trying to help yourself by spreading odd suggestion or you don't really trade lend and salt, only posting for IDK what reason
newbie
Activity: 32
Merit: 0
SALT is a much better project. I would switch your investments. I sold me LEND and bought during the market dip last week. Best decision I've made.
full member
Activity: 364
Merit: 101
many questions, no one answer ...
member
Activity: 129
Merit: 10
What is actual % lender gets from lending money? Is there fixed % for all or it's depend of lend amount?
newbie
Activity: 3
Merit: 0
Can someone predict how much it will value this coin and how long it will pass until it reaches at least $1?
member
Activity: 392
Merit: 10
In which day will be payed the bounties ? I would wait the distribution before buy some ethlend
sr. member
Activity: 518
Merit: 325
I reckon now is an ideal time to buy into LEND at 0.16. It was pumped to 0.26 and has fallen back seeing 0.13 at one point since.
I can see this tripling in under a month to 0.45 and my yearly target is $1.60. Its mcap is so low compared to Salt and it will get there given some time. A no brainer for 2018.
member
Activity: 129
Merit: 10
I will follow this platform development.
What I think if they will solve platform usage ease it will be great.
Another thing LEND coin usage must be greater not only to get 25% of fee, maybe it was better for coin if all fees must be payed in LEND.
newbie
Activity: 21
Merit: 0
So the interest % will be apportioned over the days he loaned if the borrower repays early?
The premium % is based on the loan amount regardless of days
myh
newbie
Activity: 6
Merit: 0
So the interest % will be apportioned over the days he loaned if the borrower repays early?
member
Activity: 98
Merit: 10
Why would someone want a loan if they have enough collateral to cover the loan in the first place?
To get additional liquidity without liquidating your current holdings
member
Activity: 238
Merit: 10
if i want to get USD pledge loan and I put 10,000 Lend as collateral.
if Lend value goes up when I repay my Loan, will I get 10,000 Lend back or USD value??
member
Activity: 224
Merit: 10
Why would someone want a loan if they have enough collateral to cover the loan in the first place?
full member
Activity: 392
Merit: 100
I hope in the next update, you'll have better filtering tools, and a way to track your loans, cause it's a lot of manual work just now XD good work though guys!
full member
Activity: 364
Merit: 101
When the bounty will be paid, is there information? what date?
legendary
Activity: 2030
Merit: 1059
Wait... What?

I take that you didn't follow their telegram? Or read several pages of the last from their bounty thread? The bounty shall be distributed on January. If you can't wait to get a hold of LEND token, which is good, you can buy them, it's on Binance, EtherDelta, you choose.



Can someone explain how fiat lending works on this platform?
Or I just lend ETH amount equal to requested FIAT amount?

Hi, I take this directly from their bot on telegram,

Quote
Lendy:
Even though Ethereum and cryptocurrencies are volatile in general, that does not mean that the lender and the borrower needs to bear the volatility. The volatility of the loan currency (Ethereum) becomes an issue when the borrower wants to repay the loan with FIAT-earned income. To avoid this issue, the borrower can use a FIAT currency such as USD or EUR as a basis for the loan (this is called currency pegging).

Using currency such as USD means that the borrower could example borrow 100 USD worth of Ethereum and repay 100 USD worth of Ethereum plus interest. This means that even if the Ethereum price increases in value, the borrower does not bear the volatility since the borrower is repaying the loan tied against non-volatile currency.
member
Activity: 129
Merit: 10
Can someone explain how fiat lending works on this platform?
Or I just lend ETH amount equal to requested FIAT amount?
hero member
Activity: 1009
Merit: 506
 Cool
https://github.com/ETHLend/Documentation/wiki/How-Installments-Work%3F

Quote
Installment count:
By moving the installment count, the borrower can amount of instalments to be paid. For example 5 installments counts means that the loan will be repaid with 5 portions. Therefore, the whole loan amount and premium is divided by 5.

Quote
the borrower can amount of instalments to be paid.

Quote
the borrower can amount of instalments to be paid.

the borrower can adjust the amount of installments to be paid?

edit:



ya I'm just going to stop looking for typos now.
sr. member
Activity: 335
Merit: 250
Lisk the future is bright!
Sold it all. Goodluck guys!  Let the fomos have the coins. Project got a long road. Way too soon for a pump like that.
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