All the buy orders cumulate less than 22 DivVC, worth less than 2 USD... That's why I said "don't have any volume", I should have been clearer, my bad.
If someone believes in the project, he/she might be willing to lend you some BTC. Good luck!
Topic: [LOAN] Altcoin Collateralization (Read 164 times)
Thank you both for your insights.
Jbdee, I'll just correct your assertion that we don't have any volume. In fact, we pushed through 5,000 TRX worth over the last 48 hours on https://tronwatch.market/trade/1002579-TRX.
For full disclosure, I did message both jb and Dark to proffer the token for some liquidity, unsuccessfully. The biggest sticking-point is the inability to immediately liquidate the entirety of the loan value immediately.
As a lender, you're looking to minimize risk through an immediate liquidation channel. I invite someone to consider the totality of the project when assessing a risk profile.
Jbdee, I'll just correct your assertion that we don't have any volume. In fact, we pushed through 5,000 TRX worth over the last 48 hours on https://tronwatch.market/trade/1002579-TRX.
For full disclosure, I did message both jb and Dark to proffer the token for some liquidity, unsuccessfully. The biggest sticking-point is the inability to immediately liquidate the entirety of the loan value immediately.
As a lender, you're looking to minimize risk through an immediate liquidation channel. I invite someone to consider the totality of the project when assessing a risk profile.
This altcoin doesn't have any volume, so nobody will be able to sell the collateral if you are in default.
Saying you are offering a generous ratio doesn't change anything, 100 * 0 = 0, 1000000 * 0 = 0, 100000000000 * 0 = 0 ...
You need TRX to get this coin, so I suppose you have TRX?
TRX is a valid collateral
If you offer TRX as collateral, I'll accept your loan.
Saying you are offering a generous ratio doesn't change anything, 100 * 0 = 0, 1000000 * 0 = 0, 100000000000 * 0 = 0 ...
You need TRX to get this coin, so I suppose you have TRX?
TRX is a valid collateral
If you offer TRX as collateral, I'll accept your loan.
Q: How would escrow work?
A: If you have a member-level or above authority with merit, I'll send over the crypto first.
A: If you have a member-level or above authority with merit, I'll send over the crypto first.
Be very careful with this - it's not very hard to get a few merits or member rank. If it's a large amount of collateral that you're giving, you'll likely encounter a lot of collateral scammers. (people who take your collateral and run)
Seeking some liquidity collateralized against a growth-stage altcoin.
https://tronscan.org/#/token/1002579
Just to meet the skepticism head-on:
Q: Why would I want to loan against an altcoin that has building volume on Tronwatch?
A: I can offer a generous collateralization ratio and favorable interest rate.
Q: What's the project authority that's being built?
A: Our lead dev has a book at AltcoinAuthor.com. We have a whitepaper outlining the specifics of the project vision on DivVC.com.
Q: What social media presence does the project have?
A: Reddit, Twitter, Telegram, LinkedIn, and YouTube.
Q: How would escrow work?
A: If you have a member-level or above authority with merit, I'll send over the crypto first.
Q: Do you accept PMs for more exhaustive, specific questions?
A: Absolutely.
Q: What's the preferred crypto?
A: BTC sent to the wallet I've had since 2014.
https://tronscan.org/#/token/1002579
Just to meet the skepticism head-on:
Q: Why would I want to loan against an altcoin that has building volume on Tronwatch?
A: I can offer a generous collateralization ratio and favorable interest rate.
Q: What's the project authority that's being built?
A: Our lead dev has a book at AltcoinAuthor.com. We have a whitepaper outlining the specifics of the project vision on DivVC.com.
Q: What social media presence does the project have?
A: Reddit, Twitter, Telegram, LinkedIn, and YouTube.
Q: How would escrow work?
A: If you have a member-level or above authority with merit, I'll send over the crypto first.
Q: Do you accept PMs for more exhaustive, specific questions?
A: Absolutely.
Q: What's the preferred crypto?
A: BTC sent to the wallet I've had since 2014.
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