Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 45.

Danny_Stitch

newbie

Activity: 7

Merit: 0

Quote

I have the same question. The technology is great. Using smart contracts for loans, but I also need to see more of a use-case for the actual coin.

Perhaps if you could -only- use LEND for collateral.

With the LEND token comes extra features within the dApp. When you open up a borrow option in the dApp you are asked to pay a fee. A % of this fee will be payed out as a dividend to token holders. Furthermore when you offer LEND as a colleteral you are given a discount when opening up a borrow spot.

Features, discount and dividends.

MinerClub

member

Activity: 77

Merit: 10

Quote from: quotas on December 04, 2017, 06:28:54 AM

PLS anybody ... give me in a few sentence the purpose of the coin in this project. I understand the project , its smart contracts etc. Buit why the coin. I dint see profit for coinholders something like that.Who ca explain this to me so i can use that on my social media. THNX community

I have the same question. The technology is great. Using smart contracts for loans, but I also need to see more of a use-case for the actual coin.

Perhaps if you could -only- use LEND for collateral.

vitocorp

sr. member

Activity: 434

Merit: 255

"Our token sale started and ended last week. This was a great success and we reached the cap faster then expected. Our Telegram was going crazy and the support from our community has been mind blowing. We would like to thank everyone who participated and we feel humbled."

Seen at: https://blog.ethlend.io/ethlend-weekly-update-e6ea5fd0c080

Stunny

full member

Activity: 196

Merit: 107

Quote from: quotas on December 04, 2017, 06:28:54 AM

PLS anybody ... give me in a few sentence the purpose of the coin in this project. I understand the project , its smart contracts etc. Buit why the coin. I dint see profit for coinholders something like that.Who ca explain this to me so i can use that on my social media. THNX community

Can you please specify what you meant?

The project conducted fundraising and subsequent release of tokens to create infrastructures.

Please, do not hesitate ask your questions in telegram https://t.me/ETHLend

Stunny

full member

Activity: 196

Merit: 107

Quote from: atLASplatform on December 04, 2017, 06:16:44 AM

Can i ask some question ?
This project will become a Exchanger like HitBTC, Bittrex,.. ?
I very interested in about high end trading technology.

Hello! This project creates a platform for p2p lending. Anyone can take a loan, as well as give.

quotas

full member

Activity: 163

Merit: 101

PLS anybody ... give me in a few sentence the purpose of the coin in this project. I understand the project , its smart contracts etc. Buit why the coin. I dint see profit for coinholders something like that.Who ca explain this to me so i can use that on my social media. THNX community

atLASplatform

member

Activity: 154

Merit: 11

Can i ask some question ?
This project will become a Exchanger like HitBTC, Bittrex,.. ?
I very interested in about high end trading technology.

ti988co

newbie

Activity: 56

Merit: 0

Quote from: Stunny on December 04, 2017, 04:14:03 AM

Quote from: ti988co on December 04, 2017, 02:39:23 AM

Quote from: pakhirgan on December 03, 2017, 08:20:30 PM

Quote from: magisterr on December 03, 2017, 07:47:00 PM

When LEND will be listed on Binance? Still no news? Huh

5th november, deadline for end of vote,

Guys, LEND overtook first place in Binance “Community Coin per Month”, right now it has 34k votes and the second coin has 28k:

https://twitter.com/binance_2017/status/936193428257366017

Like pakhirgan said, 5th November is deadline - just vote for it on Twitter, more info available on Binance:

https://support.binance.com/hc/en-us/articles/115003109092-The-Fourth-Session-of-Community-Coin-per-Month-

This will be moon Grin

5 December

Ups, what a mistake, thanks! I already edited Wink

Stunny

full member

Activity: 196

Merit: 107

Quote from: ti988co on December 04, 2017, 02:39:23 AM

Quote from: pakhirgan on December 03, 2017, 08:20:30 PM

Quote from: magisterr on December 03, 2017, 07:47:00 PM

When LEND will be listed on Binance? Still no news? Huh

5th november, deadline for end of vote,

Guys, LEND overtook first place in Binance “Community Coin per Month”, right now it has 34k votes and the second coin has 28k:

https://twitter.com/binance_2017/status/936193428257366017

Like pakhirgan said, 5th November is deadline - just vote for it on Twitter, more info available on Binance:

https://support.binance.com/hc/en-us/articles/115003109092-The-Fourth-Session-of-Community-Coin-per-Month-

This will be moon Grin

5 December

ti988co

newbie

Activity: 56

Merit: 0

Quote from: pakhirgan on December 03, 2017, 08:20:30 PM

Quote from: magisterr on December 03, 2017, 07:47:00 PM

When LEND will be listed on Binance? Still no news? Huh

5th november, deadline for end of vote,

Guys, LEND overtook first place in Binance “Community Coin per Month”, right now it has 34k votes and the second coin has 28k:

https://twitter.com/binance_2017/status/936193428257366017

5th December is deadline - just vote for it on Twitter, more info available on Binance:

https://support.binance.com/hc/en-us/articles/115003109092-The-Fourth-Session-of-Community-Coin-per-Month-

This will be moon Grin

pakhirgan

full member

Activity: 140

Merit: 100

Quote from: magisterr on December 03, 2017, 07:47:00 PM

When LEND will be listed on Binance? Still no news? Huh

5th november, deadline for end of vote,

magisterr

sr. member

Activity: 1372

Merit: 259

When LEND will be listed on Binance? Still no news? Huh

quotas

full member

Activity: 163

Merit: 101

i read as much as possible about ETHlend and i am in. Bought my first bag. Still have a lot of questions but this could be a great project already in some kind of beta (?) stage. Just hit some bigger exchanges and it will hit 0,7-0,10$ ct quickly.

Ryuh

full member

Activity: 282

Merit: 100

I missed the ICO, but i'm buying some from ED.
It looks very good on paper and i hope they make it happen. Lending is a big business.

Stunny

full member

Activity: 196

Merit: 107

Quote from: Thadeous on December 03, 2017, 08:27:42 AM

Some problem on ethlend.io, trying to browse "Start Lending" using Firefox I got this error page: https://app.ethlend.io/no_metamask

No Metamask
This site requires the Metamask plugin for Google Chrome.

The Dapp is currently running on the Kovan netwok(test network). The platfrom itself is under additional development(new features will occur) for a couple of days.

Stunny

full member

Activity: 196

Merit: 107

Quote from: memberx on December 03, 2017, 05:24:53 AM

Hi, still wondering how ETHLend will work.

I could send my worst shitcoins and get ETH loans for it, if the shitcoins gain I will pay back ETH and get the coins back, if not I will just leave them and keep the ETH Huh

Same possibility the opposite way, someone is lending me ETH for any coins, when these coins gain a lot of value, who guarantees that I get them back when sending back ETH?

Actuallly not!

The collateral value should be equal but usually more than the loan amount. By funding the loan which has a colleteral value bigger than the loan amount, lender is able to protect himself from negative shocks which can arise on a token market.

At this moment the team is working on the platform upgrade. ETHLend wants to limit the variety of tokens which can be used as a colleteral to the most liquid ones such that this situation would not occur in the future

Lipe490

sr. member

Activity: 602

Merit: 263

I like how ethlend is being transparent with their ICO, mainly talking about lending project that usually are always scam. My only concern is the collateral which isnt so very well explained. If people offer another ecr20 tokens as collateral I think a lot of people won't be lending because there are a lot of shitcoins not worth a single buck.

ciro1

sr. member

Activity: 463

Merit: 252

Bitcore (BTX) - Your Payment Coin

Quote from: memberx on December 03, 2017, 05:24:53 AM

Hi, still wondering how ETHLend will work.

I could send my worst shitcoins and get ETH loans for it, if the shitcoins gain I will pay back ETH and get the coins back, if not I will just leave them and keep the ETH Huh

Same possibility the opposite way, someone is lending me ETH for any coins, when these coins gain a lot of value, who guarantees that I get them back when sending back ETH?

From what I understand, you wont be able to get a load say, 1 ETH with a "shit" coin not worth more than 1 ETH. Secondly, your deposits is kept in the smart contract so when you pay back loaned ETH to the contract address, your deposits are released to you but if you default, it's liquidated.

Thadeous

copper member

Activity: 588

Merit: 17

Some problem on ethlend.io, trying to browse "Start Lending" using Firefox I got this error page: https://app.ethlend.io/no_metamask

No Metamask
This site requires the Metamask plugin for Google Chrome.

memberx

full member

Activity: 238

Merit: 100

Hi, still wondering how ETHLend will work.

I could send my worst shitcoins and get ETH loans for it, if the shitcoins gain I will pay back ETH and get the coins back, if not I will just leave them and keep the ETH Huh

Same possibility the opposite way, someone is lending me ETH for any coins, when these coins gain a lot of value, who guarantees that I get them back when sending back ETH?

Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 45. (Read 43943 times)