Topic: [ANN] Lendroid Protocol:Decentralized Lending, Margin trading and Short Selling - page 5. (Read 3666 times)

                                                              Lendroid ICO added - ICOTRACKER.NET        https://icotracker.net/project/lendroid
                                                   Non custodial margin trading protocol         https://twitter.com/Kaznachej123/status/962106966532349952

           Lendroid is a non-rent seeking, trust-independent, open protocol enabling decentralized lending, margin trading and short selling on the Ethereum blockchain.

                                               

Lendroid TGE Whitelist Registration Details

A screen-by-screen guide to the whitelisting process for the Lendroid Token Generation Event.

To begin, please note -
You require an ETH address to register.
Please make sure you are able to send transactions from this address.
Please make sure you have your private keys for this address.
The address you use to register and send allocations, is the same address to which LST will be sent.
The address you used to register, send allocations and receive LST is the same address you will have to use for the TRS participation.

There has been overwhelming interest in the Lendroid project and the Lendroid Support Token. We thank our community, which has grown by leaps and bounds, for the continued support.

In response to queries regarding whitelisting, here are the details and a screen by screen guide.

https://blog.lendroid.com/lendroid-tge-whitelist-registration-details-b73d2cfc1a0e

Hello . How can you explain such a low rating of your ITO? https://icoholder.com/ru/ico/lendroid-16963   
And I ask - will not this amount of bonus tokens lead to a collapse in the market when listing? And so it will be
I thought to participate, but I was very confused by the low rating on many venues

Hello everyone!

Here is the link to the blog post detailing the Token Generation Event happening on the 19th: https://blog.lendroid.com/announcing-the-lendroid-public-token-generation-event-tge-817c0d6db06f

- Lendroid team

I guess it will be similar to Micromoney. First you will get a small loan and if you return it on time then you will be given a trust value and every time you pay back a loan, your credit value increases. What am worried about is what they will ask in collateral.

Yes, you are right but what I am confusing about the project is how can they sanction the loans on what basis. We already see MicroMoney is an established company with offices in some countries, they already designed an app for application. So how can lendroid will give is loans on what basis.

So 2% Lendroid token in crowd and 38% went in presale? Did I get that right ? so 5.6M USD is based on 2% tokens ? Total valuation ~250M USD did I get that right ? so there was no presale, I guess 38% went to private sale

Hello there! Our website has all the information you are looking for: https://lendroid.com

The Token Generation Event will happen on the 19th of Feb. You can register to participate between the 11th-13th.

Thank you, we truly appreciate it!

Thank you for your kind words and support, we appreciate it!

Hello Everyone!

Firstly, we would like to thank you all for your continued support so far. We have had several developments over the last few weeks, including a revamped website with new information: https://lendroid.com

The registration for the Token Generation Event begins on the 11th of February, and the TGE is slated to take place on the 19th. You will receive more information next week! Please also join our official Telegram group to stay updated: https://t.me/lendroidproject and our discussions group to ask your queries: https://t.me/lendroidtalk

With regards to the unauthorised websites and the recent FUD attempts against Lendroid, here is our official statement: https://medium.com/p/df6fa0d2acdd/edit

- The Lendroid Team

Dear developers, I participate in bounty twitter, I want to share your news, to promote the campaign, but you do not publish anything on social networks. Why? What happened?

WARNING: This may be scam ICO!

This guy Vignesh tons of money from us with his exchange coins-e.com!

Now he is doing an ICO!

lendroidscam.com

Further reading:
https://bitcointalksearch.org/topic/scam-coins-ecomscam-list-of-unhappy-customers-418416
https://bitcointalksearch.org/topic/what-happened-to-coins-ecom-1599241
https://www.reddit.com/r/litecoinmining/comments/1ud0o7/coinsecom_possible_scam_read_first_before_trading/
https://www.reddit.com/r/Bitcoin/comments/2yqt1o/coinse_stole_my_coins/
https://cryptocurrencytalk.com/topic/2040-no-deposit-on-coins-e-wheres-the-transaction-id/
https://www.reddit.com/r/dogecoin/comments/4koizm/coinse_anybody_help/
https://www.reddit.com/r/dogecoin/comments/5k9hpz/what_happened_to_coinsecom/

too many to count!

I will also support this project to be successful and achieve satisfactory results, hopefully successful project for the future. and will be a lot of support for his success.

creating a transparent and rapid transparent digital assets storage and loan platform based on ethereum blockchain. between the borrower and the lender will both benefit from being fair and transparent. good luck and many investors who support great project success for team and dev

This project is indeed really good. surely will be many investors who are interested to join in this project. I will support this project until the project reaches success.

Can I ask when the exact date on lendroid crowdsale? because I cannot find when this will happen I want to invest in this project I see a good potential to shine in the future because of its decentralized lending I hope this project will not happen like bitconnect haha

I see many different lending, as well as credit report platforms, are being created on the blockchain and it is a good news to have them as a decentralized approach for this was much needed in the real world and people will know who is trustworthy and can do the job accordingly.

A Lender in Decentralized Wonderland

The title gives it away, doesn’t it? Some mysteries are simply not meant to be. Besides, lenders hate surprises. They prefer low risk, low friction transactions, guaranteed returns and completely protected custody of their funds, preferably decentralized custody. They love smart contracts.

If you are one such lender, welcome to Lendroid. You’re going to love it here.

Lendroid’s Lending Origins

Before we zeroed in on Margin Trading as the ideal use case, Lendroid was already a full-fledged, decentralized, trust-independent lending platform.

For those who know what this means and possess a streak of scepticism, here’s a neat demo of Lendroid ENS loans on Kovan. Right?

On Lendroid the non-custodian margin trading protocol, the lender is the primary participant. How good or effective the protocol is depends on what kind of an experience the lender has on it.

Rules and fail safes have been put in place to not let down the Lender’s basic expectations — of protecting capital and earning risk-free interest in a low-friction manner. If the experience is low on risk and friction, and if it is invariably profitable, then he’ll come back. If it isn’t, he won’t.

Broadly, the process was designed thus:

1. The lender defines specific terms for the loan — amount, interest rate, loan period, loan to value (LTV) — set in a smart contract.

2. A borrower pledges digital assets into an escrow account, and If the lender’s and borrower’s terms match, the smart contract is executed, locking in the collateral and releasing the funds to the borrower.

3. If the borrower satisfies the loan obligations, his collateral is unlocked automatically.

4. If the borrower defaults or the collateral drops below the agreed LTV, the collateral is liquidated.

Try the demo. You know you want to.

A Lender’s Journey on Lendroid
While this journey is described in full in the whitepaper, here’s a quick stroll through a short cut. I trust you will appreciate the trust-independent nature of his experience.

To begin with, like the ‘Maker’ from 0x, the lender broadcasts a loan-offer to all decentralized exchanges. This is an off-chain action. A Funding Account is made available to the lenders to deposit funds into and offer loans from.

Each loan offer is a data packet called the ‘offer object’, containing the terms of the loan, offer parameters, and an associated ECDSA signature.

Jargon alert: The loan terms and parameters are concatenated and hashed to produce a 32 byte-long Keccak SHA3 signature called the offer-hash. The lender signs this offer-hash with their private key to produce the ECDSA signature.

As discussed earlier, it is important that the interests of the Lender — who contributes to the shared liquidity pool — are protected. This is enabled by empowering the Lender to define key parameters within the offer object.

https://blog.lendroid.com/a-lender-in-decentralized-wonderland-239f9ec1aef6

Hi, I don't find any linkedin link about this team, only reddit and twitter account. Could you provide more information ?