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Topic: Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated - page 56. (Read 43943 times)

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★★★ http://www.btc4buy.com
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ETHLend will host a Bar Talk in Hong Kong on the hottest topics on blockchain and the upcoming ICO.

If you are in town, join the event: https://www.meetup.com/ETHLend/   Smiley
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The project is good and i will inverting.
Bounty program DEV?
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The first loan is getting some luv at Reddit  Shocked

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Merit: 107
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WEEKLY TOKEN SALE UPDATE – WEEK 32

ETHLend Bounty Program



This week ETHLend started its Bounty Program. The goal is to increase participation among our community and give our supporters a chance to be part of the ETHLend project.

You can check the details on our BitcoinTalk forum: https://bitcointalk.org/index.php?topic=2078686.0;all

Introduction to Market Pegged Assets





ETHLend has introduced the idea of pegging digital collateral used in Smart Contract loans to the price of USD. This way borrowers and lenders don’t need to be subject to price volatility. Also this reduces risk for unintentional defaults.

You can read more about it here: https://about.ethlend.io/2017/08/13/how-does-the-usd-pegged-loan-work-at-ethlend/

Jaarvis Accelerator Hackathon









EthLend’s Local Advisor in India, Opinder Singh, joined the Jaarvis hackathon, where people are exploring blockchain technology and its use cases.

Here’s a short article about the event: https://about.ethlend.io/2017/08/13/jaarvis-accelerator-hackathon-and-ethlend-official-bounty-campaign/



ETHLend Pre-ICO

ETHLend announced its Pre-ICO and ICO dates a week ago and preparations have started.
You can read more about it here https://about.ethlend.io/2017/08/08/ethlend-announces-lend-token-pre-sale-ico/
 


Stay tuned for more updates and follow us on our social media!

Especially Telegram (Since our Decentralized Whale loves Telegram) Smiley



Website: https://about.ethlend.io/token-sale/
White Paper: https://github.com/ETHLend/Documentation/blob/master/ETHLendWhitePaper.md
Discord (Latest news and voice chats): https://discord.gg/nKjsStv
DAPP Thread: https://bitcointalksearch.org/topic/ethlend-decentralized-lending-on-ethereum-network-bounty-2013399
Telegram: https://t.me/ETHLend
Reddit: https://www.reddit.com/r/ETHLend/
Facebook: https://www.facebook.com/ETHLend/
YouTube: https://www.youtube.com/watch?v=IGaoqUoL1F4&t=2s
Twitter: https://twitter.com/ethlend1
Medium https://medium.com/@ethlend1
Steemit: https://steemit.com/@ethlend
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New Loan Request on ETHLend: 2 ETH (USD 579.40) loan (Collateral: 1000 Ethereum Movie Venture token, total worth USD 749.28, Collateral ratio to loan: 129,32%). Loan period 30 days, Interest 0.02 ETH (USD 5.791)

Analysis: Collateral is sufficient, loan is secure. The interest is humble in percentage (1%, however Annualized Return (ROI) is excellent: 12.87%). Our recommendation is to fund.

Loan on Dapp (Use MetaMask Google Add-On and Switch to Ethereum mainnet):

https://app.ethlend.io/loan-request/0x53a2472363dce5867abb0cdb3a8ba677ebccadbe

Loan on the ledger (Token Transfers tab confirms that the collateral is in place and I checked that the collateral token smart contract address is correct):

https://etherscan.io/address/0x53a2472363dce5867abb0cdb3a8ba677ebccadbe

Info about the collateral:

https://emovieventure.com

Enjoy!
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long time project in pre ico and ico selling
i think investor only wait in month december can invest
because is early buy is very long time wait until end ico , distribution coin and listing in exchanger


We do not want to rush. It is important that the token sale participants understands well the project and the detailed white paper (which is over 55 pages). Our aim is to attract the future users of the DApp and participants who share the long term goals that we at ETHLend possess, rather than attracting short term coin speculation goals. That is the reason that LEND entitles 25% discount on fees on the DApp compared when paying in ETH.

Stani Kulechov - Founder of ETHLend.

More info on Slack: https://join.slack.com/t/ethlend/shared_invite/MjAzMTM0MzEyNzA3LTE0OTg0MDk0NDItOGY0MTlkMTlmZA
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Eloncoin.org - Mars, here we come!
long time project in pre ico and ico selling
i think investor only wait in month december can invest
because is early buy is very long time wait until end ico , distribution coin and listing in exchanger
full member
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I couldn't find the answer or I missed it. If borrower defaults loaned amount what will happen?

Who will pay to the lender in case of borrower defaults? Because you guys said that no collaterals then how the lender will recover his money?

If you guys protect lender money then only this business can be successful otherwise I don't think it will be a successful business.

Lending is based on 1. Collaterals: such as ERC-20 compatible tokens (any token) or ENS domains (any domain) or 2. Reputation based lending: when the borrower has repaid collateral based lending, the borrower gains reputation to borrow to a certain (with certain limitations) amount of ETH without a collateral (trusted borrowers).

In addition, ETHLend is planning to introduce a decentralized credit rating system, where centralized credit data feeds can be implemented by the use of Oracles. Moreover, there will be other risk assessment tools such as using AI and machine learning to assess Credit Risk or Prediction Market to help credit risk assessment for the borrower.

On risk sharing, there will be introduced crowdlending to share risk and a protocol to provide third party decentralized insurance policies or guarantors. The White Paper is quite detailed on the credit risk and risk sharing mechanisms.

So yes, in your definition, it will be a success.
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How the borrower start a lend? using the ETHLend Tokens or other altcoin as collateral?

You can use any ERC-20 compatible tokens (EOS, DigixDAO, ICONOMI etc.) or any ENS domain.

Here is good instructions: https://www.youtube.com/watch?v=Tb6fzGXADho&list=PLf4N4wF5YKdoJDIe2D_Cg4cXWa-ruMpV5

Make sure to have MetaMask installend and switched to Ethereum Main-net  Smiley

You can also fool around at http://test.ethlend.io (Kovan network), but you need to switch to Kovan from MetaMask and have Kovan Ether (ask from: https://gitter.im/kovan-testnet/Lobby?at=590811ea12d2409935b9919d) and you can create test ERC-20 compatible tokens at: https://tokenfactory.surge.sh/#/factory

Have fun Smiley
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How the borrower start a lend? using the ETHLend Tokens or other altcoin as collateral?
klf
legendary
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I couldn't find the answer or I missed it. If borrower defaults loaned amount what will happen?

Who will pay to the lender in case of borrower defaults? Because you guys said that no collaterals then how the lender will recover his money?

If you guys protect lender money then only this business can be successful otherwise I don't think it will be a successful business.
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