[ANN] Cryptolend.net - Automatic online lending - page 2.

pornluver

hero member

Activity: 960

Merit: 514

Your bot is doing fine for BTC

Hmmm...

Here is another screenshot.

Clearly the going rate is above my minimum rate.

However, 20k STR is just sitting there in poloneix

The settings are like these

Code:

http://Min depth amount = 5 STR

Max duration offer = 2 min

Min offer amount = 0.05 STR

Min offer rate = 0.05 %/d

Threshold long offer = 0.1 %/d

Wall strategy = Not active

Keep amount = 0 STR

Initial split strategy = Active

Split window = 48 h

Split threshold = 60 %

Alert settings

Use rate warning = 90 %

So I have no idea why your bot simply left the money idle there. The wall strategy is off.

pornluver

hero member

Activity: 960

Merit: 514

Quote from: gdupont on May 08, 2017, 01:10:45 AM

You can now see a demo account with a small amount and the default strategy. Signup in 2 minutes, then open: https://cryptolend.net/mrdemo.html

For some reason, cryptolend do not create any loan even though I have tons of money available and my loan limit is way below the going rate for the loan.

It's been hours and the money is just sitting there. Sometimes some loan are closed and cryptolend start creating new loan. It simply stop.

I checked that it may be because of "wall"

What I usually do if I manually create loan offer is I do not offer something on top. For example, lowest rate may be 16%. I don't offer 16%. I offer about half a page below. If no body borrow, I lower my rate again. Usually someone borrow.

gdupont

newbie

Activity: 42

Merit: 0

You can now see a demo account with a small amount and the default strategy. Signup in 2 minutes, then open: https://cryptolend.net/mrdemo.html

gdupont

newbie

Activity: 42

Merit: 0

hi pornluver,

Sorry for the late answer.

Regarding the STR lending: our bot is not designed very well for very high rates and high volatility. The STR lending rates have seen large movements, and our bot only check every 1 to 2 minutes (which is quite quick, but not real time). So you may see offers with lower rates than could be at best.

Our main strategy is to maximize the Use rate of your funds, so that it is lent most of the time and bring you back highest rate possible on the long run. As you will see, Lending is most of the time a marathon rather than a speed race.

To watch the details and charts on your STR lending, simply click on the small icon between "Tod. rate" and "Use" in the Overview panel. The charts will change to this currency.

The setting Duration is the maximum amount of time our bot let an offer open, before closing it. It is not the duration of the loan itself. Please click on the title of the settings to see a tooltip box explaining each settings. You can also read the Help page to know more about each strategy.

I hope I answered all your questions. Feel free to join us on our slack channel, if you have more questions. See the link in the footer of the web page.

By the way, thanks a lot to ranlo for his answers.

pornluver

hero member

Activity: 960

Merit: 514

Quote from: ranlo on May 07, 2017, 08:33:59 PM

Quote from: pornluver on May 07, 2017, 02:10:43 PM

Quote from: ranlo on May 07, 2017, 01:41:44 PM

Quote from: pornluver on May 07, 2017, 01:30:35 PM

//Stuff

Between rate and use, there are icons. Those are what change the coin you're looking at in the charts. As for the lending amount, as far as I can tell, it will only go as low as the lowest offering -- so there was likely a flash crash. If you watch rates, for example, even though a rate may show 0.1%, people will often throw coins up at 0.05 or so. Doesn't make sense but they do it.

ven though a rate may show 0.1%, people will often throw coins up at 0.05 or so.

What does it mean?

If rate drops temporarily I do not think I should lend at that rate.

You keep responding to me so I want to clarify that I do not own, nor work for Cryptolend. I actually just recently started using them myself.

On your loan duration, the duration is the maximum time. When someone trades on margin, they can pick a length of time to borrow for. They can close it early if they want, or extend it for the entire period. If you set 2 days, they can ONLY borrow from you if they promise to close their position within 48h. If you set 60 days, they have 60 days but can close it after 1 minute or 59 days, 59 hours, and 59 minutes, all up to them.

Oh so I can actually get more people borrowing if I set things for 60 days.

Some loan offers are like 2-60 days in poloniex. I wonder how do they do so? Is it the same with 60 days?

Also does cryptolend ever create open loan offer? It seems that they are price taker or is it?

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: pornluver on May 07, 2017, 02:10:43 PM

Quote from: ranlo on May 07, 2017, 01:41:44 PM

Quote from: pornluver on May 07, 2017, 01:30:35 PM

//Stuff

Between rate and use, there are icons. Those are what change the coin you're looking at in the charts. As for the lending amount, as far as I can tell, it will only go as low as the lowest offering -- so there was likely a flash crash. If you watch rates, for example, even though a rate may show 0.1%, people will often throw coins up at 0.05 or so. Doesn't make sense but they do it.

ven though a rate may show 0.1%, people will often throw coins up at 0.05 or so.

What does it mean?

If rate drops temporarily I do not think I should lend at that rate.

You keep responding to me so I want to clarify that I do not own, nor work for Cryptolend. I actually just recently started using them myself.

On your loan duration, the duration is the maximum time. When someone trades on margin, they can pick a length of time to borrow for. They can close it early if they want, or extend it for the entire period. If you set 2 days, they can ONLY borrow from you if they promise to close their position within 48h. If you set 60 days, they have 60 days but can close it after 1 minute or 59 days, 59 hours, and 59 minutes, all up to them.

pornluver

hero member

Activity: 960

Merit: 514

Quote from: ranlo on May 07, 2017, 01:41:44 PM

Quote from: pornluver on May 07, 2017, 01:30:35 PM

//Stuff

Between rate and use, there are icons. Those are what change the coin you're looking at in the charts. As for the lending amount, as far as I can tell, it will only go as low as the lowest offering -- so there was likely a flash crash. If you watch rates, for example, even though a rate may show 0.1%, people will often throw coins up at 0.05 or so. Doesn't make sense but they do it.

ven though a rate may show 0.1%, people will often throw coins up at 0.05 or so.

What does it mean?

If rate drops temporarily I do not think I should lend at that rate.

pornluver

hero member

Activity: 960

Merit: 514

Quote from: pornluver on May 07, 2017, 01:51:11 PM

Do you have logs what loan are you creating?

BTC rate is .6 percent at minimum and it seems that all my BTC is being loaned at .2% .1 %

bla bla

Some of it may have happened before I used your service. I am just curious.

When you create loan, do you check the loan market price?

Sometimes if the lowest bid offer is .6 %, for example, if I put .8% and wait 10 minutes things sort of work.

Everything works great. However, it seems that most of my money are being lent at a rate far below the market price.

Actually what does loan duration mean?

It seems that I can set loan duration to 60 days and still the loan is closed long before 60 days

pornluver

hero member

Activity: 960

Merit: 514

Do you have logs what loan are you creating?

BTC rate is .6 percent at minimum and it seems that all my BTC is being loaned at .2% .1 %

bla bla

Some of it may have happened before I used your service. I am just curious.

When you create loan, do you check the loan market price?

Sometimes if the lowest bid offer is .6 %, for example, if I put .8% and wait 10 minutes things sort of work.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: pornluver on May 07, 2017, 01:30:35 PM

//Stuff

Between rate and use, there are icons. Those are what change the coin you're looking at in the charts. As for the lending amount, as far as I can tell, it will only go as low as the lowest offering -- so there was likely a flash crash. If you watch rates, for example, even though a rate may show 0.1%, people will often throw coins up at 0.05 or so. Doesn't make sense but they do it.

pornluver

hero member

Activity: 960

Merit: 514

Quote from: ranlo on May 04, 2017, 03:19:51 PM

Quote from: gdupont on May 04, 2017, 02:37:42 PM

Today we are introducing the Premium membership, to help us cover the running costs and beer supply: https://cryptolend.net/premium.html

Good addition, and I find it to be fair. Only kicks in after you've profited $250, and you're just asking a little over $1/mo for it. That's more than fair.

Keep doing what you're doing!

Dude I have balances in BTC and SRT

This is my dashboard

Hmmm minimum offers for lending for SRT is 1.4 %. Yet you are lending my STR at .9%

I think there should be strategy where we lend money at 50% higher than water margin, and then check every 2-3 minutes and lower our offers.

I can see that I am lending BTC. I saw graph in dashboard. However, BTC is not the only thing I am lending. Say I want to know what happen to my STR balance. What should I do?

Here is my screenshot

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: gdupont on May 04, 2017, 02:37:42 PM

Today we are introducing the Premium membership, to help us cover the running costs and beer supply: https://cryptolend.net/premium.html

Good addition, and I find it to be fair. Only kicks in after you've profited $250, and you're just asking a little over $1/mo for it. That's more than fair.

Keep doing what you're doing!

gdupont

newbie

Activity: 42

Merit: 0

Today we are introducing the Premium membership, to help us cover the running costs and beer supply: https://cryptolend.net/premium.html

gdupont

newbie

Activity: 42

Merit: 0

Quote from: ranlo on April 24, 2017, 11:43:57 PM

On a somewhat unrelated note, are your default settings seen as being a pretty solid setup? I noticed that it's set to only lend at 0.2+ BTC and such, for example, as opposed to 0.05 (I think this would be about the minimum right now).

We are not updating the default settings. We have designed them from our experience since 2014, and they will guaranty you a confortable return. But we think that you can increase your return by updating the settings often. That's why we try to develop as much strategies as possible. The margin lending world is always moving.

We would also like to create a way to share your strategies with others, like some kind of video game 'Hall of fame'. But we have a lot of work to realize before getting there

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: gdupont on April 24, 2017, 03:31:12 PM

hi ranlo,

Thanks a lot for your proposal. Actually the feature you want is already available

In the Strategy page, if you open the Expert mode you will find a setting called : ‘Keep amount’. This setting will block lending under a certain threshold of your balance.

Holding back a % of your balance could be an interesting improvement (thanks!) even if we think that it’s very important to keep strategies as simple as possible for a better usability and user experience for the moment.

Regarding swapping funds between wallets, it would require to add specific rights in the exchange’s API. For the moment we are dedicated to creating margin lending offers on your behalf. We are very cautious with any other API rights.

Actually wasn't aware that was already implemented (the first one). That's awesome and shows we're on the same page!

The %age could just be an addon there, such as "Keep amount: ____ BTC OR ____ %"

On a somewhat unrelated note, are your default settings seen as being a pretty solid setup? I noticed that it's set to only lend at 0.2+ BTC and such, for example, as opposed to 0.05 (I think this would be about the minimum right now).

gdupont

newbie

Activity: 42

Merit: 0

hi ranlo,

Thanks a lot for your proposal. Actually the feature you want is already available

In the Strategy page, if you open the Expert mode you will find a setting called : ‘Keep amount’. This setting will block lending under a certain threshold of your balance.

Holding back a % of your balance could be an interesting improvement (thanks!) even if we think that it’s very important to keep strategies as simple as possible for a better usability and user experience for the moment.

Regarding swapping funds between wallets, it would require to add specific rights in the exchange’s API. For the moment we are dedicated to creating margin lending offers on your behalf. We are very cautious with any other API rights.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: gdupont on April 24, 2017, 12:10:32 AM

Glad to hear that, and feel free to send us any suggestion or question.

Off the top of my head, maybe add a way to hold back x funds. For example, let's say I have 10 LTC in my account. I want to ensure I always have 5 liquid for whatever reason. I can set up a "strategy" that will ensure it will never invest more than balance-5, such that it will start by doing 5, as that grows, it'll do 5.1, 5.2, etc. If I throw in 100 more, it'd do 105.x, still leaving that first 5 behind.

I'm thinking about this in terms of liquidity -- it's nice to be able to lend, but would also be nice to have a little you can hold back. And to make it even more usable, allow you to hold back x% of the balance or x% of earnings, such that:

I deposit 100 LTC. I want to keep 50% of earnings liquid. So after a week, that 100 has earned 3 more. It's now lending 101.5, keeping 1.5 behind to liquidate/trade/whatever. For even MORE utility, have it swap those funds from the main wallet to the exchange wallet (or wallet of choice -- on each site) automatically so you can even keep the balances separate.

I can think of many uses for all of these scenarios,

.

gdupont

newbie

Activity: 42

Merit: 0

Glad to hear that, and feel free to send us any suggestion or question.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: gdupont on April 23, 2017, 04:28:37 AM

We have done a complete redesign of the UI into a 'dashboard' type. More improvements incoming. Also members are now entrusting us with USD 6.5m equivalent, and counting!

I have to say, I love the new design! Saw it yesterday when I went to check up on stuff,

. Makes a HUGE difference when it comes to usability.

gdupont

newbie

Activity: 42

Merit: 0

We have done a complete redesign of the UI into a 'dashboard' type. More improvements incoming. Also members are now entrusting us with USD 6.5m equivalent, and counting!

Topic: [ANN] Cryptolend.net - Automatic online lending - page 2. (Read 18143 times)