Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 55.

Yza_azY

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★★★ http://www.btc4buy.com

Quote from: supernoob on September 01, 2017, 08:37:37 AM

Hi

I think I have all the blanks, and understand the basic concept of where the value comes from and such .. The only question I have is, if the original tokens held as collateral devalue to less than the amount repayable, and the security is forfeit.. how is the difference recovered to satisfy the transaction ? or is the balance lost ?

Hi, supernoob.
Usually a haircut needs to be placed, for example 120% collateral or 110% or even 150% depending on the token.

take a look here too, if want to test:

https://bitcointalksearch.org/topic/lending-dapp-ethlend-the-lending-revolution-is-here-no-more-scam-2142170

supernoob

newbie

Activity: 4

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Hi

I think I have all the blanks, and understand the basic concept of where the value comes from and such .. The only question I have is, if the original tokens held as collateral devalue to less than the amount repayable, and the security is forfeit.. how is the difference recovered to satisfy the transaction ? or is the balance lost ?

Yza_azY

sr. member

Activity: 490

Merit: 250

★★★ http://www.btc4buy.com

Meet the team

https://www.youtube.com/watch?v=z2XnxTOrhKo

Start Lending @ ETHLend DAPP
http://app.ethlend.io
To learn more about ETHLend,
join our ETHLend Slack and Telegram
For more information about ETHLend,

Telegram: https://t.me/ethlend

Stunny

full member

Activity: 196

Merit: 107

Quote from: esprit577 on August 29, 2017, 10:21:58 AM

Interesting this project, the current network borrowing use block chain to achieve, but needs the good faith as the foundation, the project should include how to set up a credit on the basis of some services, so that can more effectively protect the safety of borrowing.

We actually have an interesting concept how to create enforceable decentralized loans. We will provide more details within a week.

S.Naka

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Activity: 183

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HUDI

Quote from: S.Naka on August 30, 2017, 02:56:28 AM

Quote from: Mimar on August 29, 2017, 10:31:49 AM

Woow! its a working system. https://app.ethlend.io/main/1 i will try it on demo app, it looks good and working project. i can support it.
firstly i must read whitepaper.

I try, it work.

Good idea.

P.s. i'm in.

S.Naka

full member

Activity: 183

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HUDI

Quote from: Mimar on August 29, 2017, 10:31:49 AM

Woow! its a working system. https://app.ethlend.io/main/1 i will try it on demo app, it looks good and working project. i can support it.
firstly i must read whitepaper.

I try, it work.

Good idea.

Mimar

sr. member

Activity: 288

Merit: 250

Woow! its a working system. https://app.ethlend.io/main/1 i will try it on demo app, it looks good and working project. i can support it.
firstly i must read whitepaper.

esprit577

sr. member

Activity: 541

Merit: 250

Interesting this project, the current network borrowing use block chain to achieve, but needs the good faith as the foundation, the project should include how to set up a credit on the basis of some services, so that can more effectively protect the safety of borrowing.

Stunny

full member

Activity: 196

Merit: 107

Quote from: mrongoz22 on August 28, 2017, 08:52:20 PM

Good projects and many will need such projects, for those who need funds will be greatly helped by the realization of this project
Will probably be a rival of a long-established project that is btcjam

We believe so. I think using blockchain will change lending.

mrongoz22

sr. member

Activity: 518

Merit: 250

LIVECASINO

Good projects and many will need such projects, for those who need funds will be greatly helped by the realization of this project
Will probably be a rival of a long-established project that is btcjam

Stunny

full member

Activity: 196

Merit: 107

Quote from: ikifenix on August 27, 2017, 06:23:50 PM

Thanks for creating this thread OP.

Is there a contact page if I have any questions or should I just ask them here?

I recommend to join the Slack: https://join.slack.com/t/ethlend/shared_invite/MjAzMTM0MzEyNzA3LTE0OTg0MDk0NDItOGY0MTlkMTlmZA

Or safer option, Discord: https://discord.gg/nKjsStv

Or Telegram: @ETHLend

trademaniac

full member

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It's a very interesting and exciting project. I will be watching as it develops. Grin

ikifenix

newbie

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Thanks for creating this thread OP.

Is there a contact page if I have any questions or should I just ask them here?

Stunny

full member

Activity: 196

Merit: 107

WEEKLY TOKEN SALE UPDATE – WEEK 33

Another week and another update for all our fellow ETHLenders

We’re focusing our efforts towards the Pre-ICO and getting as much feedback as possible from our community. There’s a lot happening behind the scenes everyday and we’re making great progress.

If you have any feedback or suggestions for the ETHLend team, please feel free to join us on our social media channels! Links below!

Our 2nd episode of Straight Talk Podcast Series is up

This time we’ll take a look at ETHLend’s technical road map and what we have planned for the future.

https://www.youtube.com/watch?v=yqXjpAW0b1s&list=PLf4N4wF5YKdrYc5kgMG_z2YqTSxAKr0xI#action=share

ETHLend is also preparing for this weeks MeetUp in Hong Kong

Topics include an informal session on the LEND ICO details. Also Blockchain Lending, AI/Machine Learning, and Blockchain, Trust in Decentralized Environment, Future of Tokenization, Multi-chain interaction (NEO and EOS). Please feel free to join us if you’re in Hong Kong.

Join Facebook ETHLend MeetUp in Hong Kong: https://www.meetup.com/ETHLend/events/242584736/

ETHLend’s first real (by someone unknown) loan request

You can read more about it on our Reddit channel. There you’ll find our analysis of the loan and its security.

ETHLend was also reviewed by a in-partial and unbias 3rd party

Check it out @ https://icobench.com/ico/ethlend/team

Yza_azY

sr. member

Activity: 490

Merit: 250

★★★ http://www.btc4buy.com

UPDATE:

https://www.facebook.com/ETHLend/photos/a.1849527738700518.1073741828.1848586068794685/1896674480652510

If you are interested in brainstorming or to lurk on the process on how decentralized lending is build on Ethereum network and follow one of the most interesting blockchain projects this autumn, join our Facebook or Telegram (https://t.me/ETHLend)! We will not bite Smiley

https://join.slack.com/t/ethlend/shared_invite/MjAzMTM0MzEyNzA3LTE0OTg0MDk0NDItOGY0MTlkMTlmZA

Stunny

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Quote from: dodgrad on August 24, 2017, 04:25:55 AM

Who will guarantee the repayment of debt? Roll Eyes

The borrower places an ERC-20 compatible token or ENS domain as a collateral for the loan. If the borrower does not repay the loan the lender can claim the tokens or the ENS domain from the smart contract for realization.

k_sch321

newbie

Activity: 3

Merit: 0

This is a great project! I am very fond of the possibilities in international finance!

dodgrad

hero member

Activity: 1067

Merit: 501

Who will guarantee the repayment of debt? Roll Eyes

Stunny

full member

Activity: 196

Merit: 107

Quote from: visionE2 on August 23, 2017, 03:15:31 PM

i think you must make the information about project's roadmap more interesting. make a poster may be.. Grin

We actually have it as an image, but we elaborated it a bit. Might as well upload it once updated

visionE2

full member

Activity: 616

Merit: 118

i think you must make the information about project's roadmap more interesting. make a poster may be.. Grin

Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 55. (Read 43923 times)