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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][LPX]LOOPX Coin ICO - NEW ARBITRAGE LENDING PLATFORM beginning 2018![ANN] on: December 22, 2017, 10:03:23 AM
Hi,
I wanted to understand how the lenders will be paid. What I understood was that they will be paid in dollars and they will need to convert to LoopX tokens to withdraw or further trade. The question is how will you pay out the tokens if someone wants to convert the lending interest from dollars to LPX if there is not surplus set of surplus with you? You have a 10m supply out of which the promoters will hold 1.8m LPX and the rest (8.2m) sold. Now if I want to rent my coins, how will I convert my USD intrest to LPX if there are no additional LPX available?

Rgards
Anurag
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