Aave/ETHLend - Decentralized Lending DApp - The Game Changer - All info Updated

[Miiike]

Hello there,
So sorry if this has been answered, but I was unable to understand/find it.

can I send the tokens to myetherwallet ? how should I add it there if this is possible?

thank you

Yes, of course you can. Like any other coins, there's no special step, all you need to do is send your token to your MEW address. After that, you might want to "add custom token" on your MEW in order for LEND to be shown.

Enter these details:

Code:

Token name: LEND
contract address: 0x80fB784B7eD66730e8b1DBd9820aFD29931aab03
Token Decimals: 18

[hipo32]

Hello there,
So sorry if this has been answered, but I was unable to understand/find it.

can I send the tokens to myetherwallet ? how should I add it there if this is possible?

thank you

Yes, of course you can. Like any other coins, there's no special step, all you need to do is send your token to your MEW address. After that, you might want to "add custom token" on your MEW in order for LEND to be shown.

Enter these details:

Code:

Token name: LEND
contract address: 0x80fB784B7eD66730e8b1DBd9820aFD29931aab03
Token Decimals: 18

Thank you very much!!

[cefo31]

Very very very nice..Just woke up and saw the move on binance. Congratulation to ETHLend team! Broke the top 100 in coinmarketcap.com. I only have 1 rule and you can read it on my sig. But I break it sometimes, if you have a working product which gives result then only matter of time it gives you equivalent $$$. No hype..just results. Buy hey let's hype it a little..Don't miss the boat!!!! For the past 2 days almost all are in the sea of red. Which one stood? ETHLend of course!    

https://g o o .g l /Qwxeak

In a week's time another update..Another parabolic move..Sweet!!!!

[btctuxedo]

I am curious... how do your team determine which token to be listed as collateral for the lending? And please consider reducing the 0.01 fee

[bambambam]

I'm ICO investor and here's my feedback regarding your DAPP.

It's UX is horrible and you should fix it ASAP. There's new people learning about ETHLend every day and I bet that a lot of them who would like to actually use your lending system are pushed away by your (lack of) design and poor UX. When you first open the DAPP, it should be very clear what to do, no matter if you want lend or borrow something.

Just something to think about while your token price is mooning.

[Lisk-investor]

Sold it all. Goodluck guys!  Let the fomos have the coins. Project got a long road. Way too soon for a pump like that.

[mnightwaffle]

 
https://github.com/ETHLend/Documentation/wiki/How-Installments-Work%3F

Installment count:
By moving the installment count, the borrower can amount of instalments to be paid. For example 5 installments counts means that the loan will be repaid with 5 portions. Therefore, the whole loan amount and premium is divided by 5.

the borrower can amount of instalments to be paid.

the borrower can amount of instalments to be paid.

the borrower can adjust the amount of installments to be paid?

edit:



ya I'm just going to stop looking for typos now.

[Abbadmus]

hope u guys have not forget our bounty
https://docs.google.com/forms/d/e/1FAIpQLSfvVwIkLG-O99G2wXStvwlr5nXmm1btBYUJ3A-a6QLmqFlZXw/viewform

[Egoitss]

Can someone explain how fiat lending works on this platform?
Or I just lend ETH amount equal to requested FIAT amount?

[Miiike]

hope u guys have not forget our bounty
https://docs.google.com/forms/d/e/1FAIpQLSfvVwIkLG-O99G2wXStvwlr5nXmm1btBYUJ3A-a6QLmqFlZXw/viewform

I take that you didn't follow their telegram? Or read several pages of the last from their bounty thread? The bounty shall be distributed on January. If you can't wait to get a hold of LEND token, which is good, you can buy them, it's on Binance, EtherDelta, you choose.

Can someone explain how fiat lending works on this platform?
Or I just lend ETH amount equal to requested FIAT amount?

Hi, I take this directly from their bot on telegram,

Lendy:
Even though Ethereum and cryptocurrencies are volatile in general, that does not mean that the lender and the borrower needs to bear the volatility. The volatility of the loan currency (Ethereum) becomes an issue when the borrower wants to repay the loan with FIAT-earned income. To avoid this issue, the borrower can use a FIAT currency such as USD or EUR as a basis for the loan (this is called currency pegging).

Using currency such as USD means that the borrower could example borrow 100 USD worth of Ethereum and repay 100 USD worth of Ethereum plus interest. This means that even if the Ethereum price increases in value, the borrower does not bear the volatility since the borrower is repaying the loan tied against non-volatile currency.

[nikolya1989]

When the bounty will be paid, is there information? what date?

[bakst2]

I hope in the next update, you'll have better filtering tools, and a way to track your loans, cause it's a lot of manual work just now XD good work though guys!

[rayazasheva]

Why would someone want a loan if they have enough collateral to cover the loan in the first place?

[davidjoshua]

if i want to get USD pledge loan and I put 10,000 Lend as collateral.
if Lend value goes up when I repay my Loan, will I get 10,000 Lend back or USD value??

[lyenolantin]

Why would someone want a loan if they have enough collateral to cover the loan in the first place?

To get additional liquidity without liquidating your current holdings

[myh]

So the interest % will be apportioned over the days he loaned if the borrower repays early?

[mamahaha99]

So the interest % will be apportioned over the days he loaned if the borrower repays early?

The premium % is based on the loan amount regardless of days

[Egoitss]

I will follow this platform development.
What I think if they will solve platform usage ease it will be great.
Another thing LEND coin usage must be greater not only to get 25% of fee, maybe it was better for coin if all fees must be payed in LEND.

[ui_zakharchenko]

I reckon now is an ideal time to buy into LEND at 0.16. It was pumped to 0.26 and has fallen back seeing 0.13 at one point since.
I can see this tripling in under a month to 0.45 and my yearly target is $1.60. Its mcap is so low compared to Salt and it will get there given some time. A no brainer for 2018.

[Fabriz]

In which day will be payed the bounties ? I would wait the distribution before buy some ethlend