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

[visionary]

The price recently is going high, is there any news or am I missing anything? Some answer please. Thanks

You didn't miss anything, just look at the January chart, and you'll realize we're just regaining our positions.

[nguyen0806]

ethlend is good project. I am using their platform and believe that this type of application can go farther in near future

[tientien1]

Can borrowers make partial payments? How does it affect the remaining collateral?
When I say partial payment, I mean prior to the installment date.

[camargoherrera]

Does the new collateral call system take into account if some of the installments have been paid already? I mean that if collateral value went below the original loan amount but was still higher than the loan amount that is unpaid, then there would be no collateral call available right?

[pacamobradillo]

Does the new collateral call system take into account if some of the installments have been paid already? I mean that if collateral value went below the original loan amount but was still higher than the loan amount that is unpaid, then there would be no collateral call available right?

Currently installments are not taken in to account. However, on the next upgrade will be.
Fantastic Great news ! Bravi! Nolvia thanks for sharing a such great news !!

[kevinantonio]

Does the new collateral call system take into account if some of the installments have been paid already? I mean that if collateral value went below the original loan amount but was still higher than the loan amount that is unpaid, then there would be no collateral call available right?

Currently installments are not taken in to account. However, on the next upgrade will be.
Fantastic Great news ! Bravi! Nolvia thanks for sharing a such great news !!

Ok, yes I hope that will be introduced soon because it would really suck if the borrower has paid 5/6 installments and then suddenly the token price would drop and the collateral was lost.. Is there anyway to prevent the lender of using the collateral call? For example could the borrower add some collateral to prevent the loss of his tokens? I think the collateral call is important way to secure the lender but equally important would be to secure that the borrower has a fair chance of not losing his collateral tokens.

[pbleak]

This is like a much cooler btcjam.

[MOProgress]

Does the new collateral call system take into account if some of the installments have been paid already? I mean that if collateral value went below the original loan amount but was still higher than the loan amount that is unpaid, then there would be no collateral call available right?

Currently installments are not taken in to account. However, on the next upgrade will be.
Fantastic Great news ! Bravi! Nolvia thanks for sharing a such great news !!

Ok, yes I hope that will be introduced soon because it would really suck if the borrower has paid 5/6 installments and then suddenly the token price would drop and the collateral was lost.. Is there anyway to prevent the lender of using the collateral call? For example could the borrower add some collateral to prevent the loss of his tokens? I think the collateral call is important way to secure the lender but equally important would be to secure that the borrower has a fair chance of not losing his collateral tokens.

Interesting question. I think dev and the team really have to do some work here, to guarantee all of this. Although I see this project going up. And up.

[tientien6]

Correct. Since we use 20% of the fees collected on the platform to buy LEND back from the market it creates an incentive for the lenders and borrowers to use our platform. This accelerates user adoption and since LEND entitles 25% discount, the lenders and borrowers would prefer to purchase LEND from the market before going to ETHLend. Therefore, the more users there are, the more demand for LEND eventually is due to the discount and the fact that we need to constantly purchase it as well from the market.

We believe that it makes more sense to reward the users for increasing volumes and therefore increasing the demand on LEND, than rewarding token holders directly, without adding value to the platform. Moreover, we are more safe from the securities regulation.

[traveler007]

The price recently is going high, is there any news or am I missing anything? Some answer please. Thanks

You didn't miss anything, just look at the January chart, and you'll realize we're just regaining our positions.

They have platform already? And giving loans to people? Or when will be start of working platform?

[Miiike]

The price recently is going high, is there any news or am I missing anything? Some answer please. Thanks

You didn't miss anything, just look at the January chart, and you'll realize we're just regaining our positions.

They have platform already? And giving loans to people? Or when will be start of working platform?

You can check their site, it's been running for couple of months now, and funding hundreds of eth. They require you to install metamask in order to get in, though, just a precaution.

[SubcomMarco]

The price recently is going high, is there any news or am I missing anything? Some answer please. Thanks

Yes, you probably missed a pump being staged by former miner and self-appointed cryptocuttency expert Tom Gentile from Cryptocurrency Windfalls operating with Mike Ward from Money Map Press. Look for a video promoting EtherLend as an Alt that will go to $5.00 soon.

[identifyuser]

The price recently is going high, is there any news or am I missing anything? Some answer please. Thanks

You didn't miss anything, just look at the January chart, and you'll realize we're just regaining our positions.

They have platform already? And giving loans to people? Or when will be start of working platform?

I think you missed a lot because the project has already given out loans for several million

[denysrodman]

This coin has shown some strenght this morning and expecting to have a second day on the green side. Small timeframes already above all EMAs and waiting for the Pullback on 1H timeframe.

[Yza_azY]

This coin has shown some strenght this morning and expecting to have a second day on the green side. Small timeframes already above all EMAs and waiting for the Pullback on 1H timeframe.

This coin go 1$ fast... the dapp work and next 30 day we can see the new UX!

[traveler007]

The price recently is going high, is there any news or am I missing anything? Some answer please. Thanks

You didn't miss anything, just look at the January chart, and you'll realize we're just regaining our positions.

They have platform already? And giving loans to people? Or when will be start of working platform?

I think you missed a lot because the project has already given out loans for several million

Really? And what conditions for loans they have? How i can get loan? And how much % they charge for giving loans?

[tientien1]

We are even currently having discussions with other blockchain startups. However, we want to establish only such partnerships with a technology that we see as fit to use in our DApp in the near future. We do not want to form partnerships solely for the purpose to gain more popularity for our token sale. We want to build relationships on a healthy basis and only when we see that there is really an edge for it.

[visionary]

I see a lot of big events planned for March, waiting for the big growth for coin! Moreover, the project is serious

[nikolya1989]

This coin has shown some strenght this morning and expecting to have a second day on the green side. Small timeframes already above all EMAs and waiting for the Pullback on 1H timeframe.

This coin go 1$ fast... the dapp work and next 30 day we can see the new UX!

Coin go to 5 cents. Nothing can save him.

[Freaks]

I see a lot of big events planned for March, waiting for the big growth for coin! Moreover, the project is serious

Dev team devoted to this project so they are trying their best to make this best platform. Latest update proves this how big potential there. Look at this update congrats for this great achievement.

https://blog.ethlend.io/ethlend-selected-as-a-finalist-for-2018-lendit-fintech-industry-awards-cacced26a633