Topic: 🚀[ANN][🌟ICO STAGE 1🌟] ⭐POWERLOAN LENDING⚡ BONUS 15% TOKEN 🌟🚀 - page 117. (Read 13326 times)
Good that you're planning to get listed on KuCoin. I guess it's not cheap, but totally worth it.
the ownership and bonus rewards of the loan can be obtained from a personal sculptor, earned interest, can charge to POWL coins that can be used in a new micro loan or sold on an internal or external exchange. Powerloan is a crypto lending program that aims to be a valuable token-store very promising future.
Micro loans means that you can invest micro amount, like a few bucks.
I can't understand why the lending rate is so low? Is it 1.5% daily or yearly?
Here's an example of calculation for our daily interest.
If you own 500 POWL and price of POWL in internal exchange is at $2.50
You can loan the 500 token for $1250.00.
The package you choose is 60 days from Package A.
Duration: 60 days
Principle Interest: Up to 1.5% (daily)
Base Interest: 0.25% (daily)
The multiplier you receive will be based on Boss Level.
Amount: $1000.01 to $5000.00
Package Multiplier: 1.20
Day 1 - Principle interest announced is 0.5%
Calculation will be based on:
1250 * [(0.5+0.25) * 1.20]
Day 1 Interest = 1250 * 0.9% = $11.25 + Referral Daily Interest
Your Day 1 income would also be added with referral's lending from the table below.
Daily Referral Interest
Tier 1 - 0.25%, Tier 2 - 0.20%, Tier 3 - 0.15%, Tier 4 - 0.05%, Tier 5 - 0.05%
Day 2 - Principle interest announced is 0.8%
1250 * [0.8+0.25] * 1.2]
Day 2 Interest = 1250 * 1.26% = $15.75 + Referral Daily Interest
If on average you're receiving $12.00 of interest, at the end of 60 day lending period, you will receive back 500 POWL token with $720 of interest (57.6%).
Why is it good to join during PreICO and ICO?
Because you get the token at the lowest price as token prices rise through each phase of ICO.
At end of ICO, token will be listed in both internal and external exchange with lending open.
Token price will gradually increase due to principle lending amount is based on token pricing.
There will also be controlled supply of token due to burning of tokens from transaction fee and buy-back every 2 month.
Thanks for the explanation, very useful!
Why talking about micro loans if you're offering min 60 days period!
It's not that long compare to traditional loans. Also the quantum of borrowing can be much smaller. Down to even 1 token.
Why talking about micro loans if you're offering min 60 days period!
OMG, I can start lending starting from $0.1! It's the lowest I've ever seen.
And you'll need like 3 months to make your first $0.1
Haha.
OMG, I can start lending starting from $0.1! It's the lowest I've ever seen.
By the way, when your bounty launches?
Our bounty is already launched at https://bitcointalksearch.org/topic/bounty-powerloan-lending-3241140
By the way, when your bounty launches?
Powerloan would be a great help for anyone who is in need of financial assistance since they offer micro loans that has just small interest.
I can't understand why the lending rate is so low? Is it 1.5% daily or yearly?
Here's an example of calculation for our daily interest.
If you own 500 POWL and price of POWL in internal exchange is at $2.50
You can loan the 500 token for $1250.00.
The package you choose is 60 days from Package A.
Duration: 60 days
Principle Interest: Up to 1.5% (daily)
Base Interest: 0.25% (daily)
The multiplier you receive will be based on Boss Level.
Amount: $1000.01 to $5000.00
Package Multiplier: 1.20
Day 1 - Principle interest announced is 0.5%
Calculation will be based on:
1250 * [(0.5+0.25) * 1.20]
Day 1 Interest = 1250 * 0.9% = $11.25 + Referral Daily Interest
Your Day 1 income would also be added with referral's lending from the table below.
Daily Referral Interest
Tier 1 - 0.25%, Tier 2 - 0.20%, Tier 3 - 0.15%, Tier 4 - 0.05%, Tier 5 - 0.05%
Day 2 - Principle interest announced is 0.8%
1250 * [0.8+0.25] * 1.2]
Day 2 Interest = 1250 * 1.26% = $15.75 + Referral Daily Interest
If on average you're receiving $12.00 of interest, at the end of 60 day lending period, you will receive back 500 POWL token with $720 of interest (57.6%).
Why is it good to join during PreICO and ICO?
Because you get the token at the lowest price as token prices rise through each phase of ICO.
At end of ICO, token will be listed in both internal and external exchange with lending open.
Token price will gradually increase due to principle lending amount is based on token pricing.
There will also be controlled supply of token due to burning of tokens from transaction fee and buy-back every 2 month.
As I see, you plan a buyback. That's great! Definitely raises the trust level.
I can't understand why the lending rate is so low? Is it 1.5% daily or yearly?
It's daily.
I can't understand why the lending rate is so low? Is it 1.5% daily or yearly?
Is there any prototype? Or will it be ready before the token sale?
It's all ready. There'll be an open beta test for registered users for 10 days after ICO.
Once that is completed, everything is released.
Nice. This informations will truly be a good attraction for PowerLoan project to gathered a lot of investors on their pre-sale in which will started one day from now. I believed they can be able to earned big fundings there and I hope it will be applied for the improvement of this plattform.
That is right that this latest information will be their assurance that there will be more investors who will be getting interested to know more about the platform. Knowing that they will released a beta version then this will definitely can help improved the system.
What do you mean by "Opening POWERLOAN Exchange"? You will make a real exchange?
Yes, perhaps they will make a internal exchange where you can convert your tokens/coin in bitcoins or etherum or any other supported currency. It is actually a great idea as it helps more and more people go for the project.Yes, we are opening an internal exchange between POWL-BTC. Other alternative currency is still in evaluation.
Internal exchange is important because it is what we peg our lending rate to.
E.g. If you token is 2.50 in internal exchange, when you loan 200 token, it will be valued at $500.00 and your interest would be based on $500.00
External exchange will also be made available to ensure that the token price is based on demand and will normalize with what we have internally.
I'm looking for a stable income via lending funds. Powerloan might be the right project for that.
Is there any prototype? Or will it be ready before the token sale?
It's all ready. There'll be an open beta test for registered users for 10 days after ICO.
Once that is completed, everything is released.
Nice. This informations will truly be a good attraction for PowerLoan project to gathered a lot of investors on their pre-sale in which will started one day from now. I believed they can be able to earned big fundings there and I hope it will be applied for the improvement of this plattform.
What do you mean by "Opening POWERLOAN Exchange"? You will make a real exchange?
Yes, perhaps they will make a internal exchange where you can convert your tokens/coin in bitcoins or etherum or any other supported currency. It is actually a great idea as it helps more and more people go for the project.Jump to: