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

[canibalgb]

🔔STRATEGIC PARTNERSHIP: ETHLend is proud to announce a partnership with #Kyber Network, an #Ethereum based protocol that allows the instant exchange and conversion of digital assets:
https://t.co/1fH665t6fX

" About Kyber Network
Kyber Network is a decentralized and trustless exchange that enables instant conversion of crypto-assets with guaranteed liquidity. The Kyber protocol is a key to promoting liquidity of crypto-assets in the blockchain ecosystem and improving the public perception of tokens as a tradable asset class."

Nice!

[camargoherrera]

What happens when a borrower misses an installment on a usd pegged loan. Can the borrower just miss the payment, wait for a favorable price and eat the 5% or are they locked in at the due date rate

[sunshinelavapie]

 quick question on ICX, its still erc20 token, what will happen if ICON announce switch to mainnet tokens and make deadline 1-3 month for change,  but somebody take loan for 180 days with ICX as collaterall ? Lender cant force borrower to pay back loan but in same time after 180 days erc20 wil be useless

[yassinebenouhoud]

what if present collateral value remains the same lets say 67% and borrower has no incentive to return , how lender can force borrower to close the deal , because for example end of the deal will be after the deadline of tokens swap. I just cant understand how you will avoid situation when lender can potentially stays with useless erc20 tokens

[scotty595]

quick question on ICX, its still erc20 token, what will happen if ICON announce switch to mainnet tokens and make deadline 1-3 month for change,  but somebody take loan for 180 days with ICX as collaterall ? Lender cant force borrower to pay back loan but in same time after 180 days erc20 wil be useless

In this situation, I'd think the borrower would want to pay back the loan to get the ICX tokens so they get the new ones (unless the value drops below 100%, in which case the lender can claim). I guess it depends on exactly how ICX would handle the changeover - i.e. the individual change over strategy matters hugely - snapshot vs. exchanging tokens.

[scotty595]

what if present collateral value remains the same lets say 67% and borrower has no incentive to return , how lender can force borrower to close the deal , because for example end of the deal will be after the deadline of tokens swap. I just cant understand how you will avoid situation when lender can potentially stays with useless erc20 tokens

Why would there be no incentive to return? The borrower couldn't get the new tokens either without paying the loan back and returning the ERC20 tokens?

[Miiike]

what if present collateral value remains the same lets say 67% and borrower has no incentive to return , how lender can force borrower to close the deal , because for example end of the deal will be after the deadline of tokens swap. I just cant understand how you will avoid situation when lender can potentially stays with useless erc20 tokens

Why would there be no incentive to return? The borrower couldn't get the new tokens either without paying the loan back and returning the ERC20 tokens?

Plus, there will be a reputation-based loan. This is one of LEND future goal, isn't it?

With reputation based loan, the borrower will more or less be forced to return his loan as a case of default will taint his record

[scotty595]

what if present collateral value remains the same lets say 67% and borrower has no incentive to return , how lender can force borrower to close the deal , because for example end of the deal will be after the deadline of tokens swap. I just cant understand how you will avoid situation when lender can potentially stays with useless erc20 tokens

Why would there be no incentive to return? The borrower couldn't get the new tokens either without paying the loan back and returning the ERC20 tokens?

Plus, there will be a reputation-based loan. This is one of LEND future goal, isn't it?

With reputation based loan, the borrower will more or less be forced to return his loan as a case of default will taint his record

Correct, we're releasing a gamified credit profile with the coming release next week. Super excited for it! Only the start - will eventually integrate with bloom scores etc also...

[visionary]

what if present collateral value remains the same lets say 67% and borrower has no incentive to return , how lender can force borrower to close the deal , because for example end of the deal will be after the deadline of tokens swap. I just cant understand how you will avoid situation when lender can potentially stays with useless erc20 tokens

Why would there be no incentive to return? The borrower couldn't get the new tokens either without paying the loan back and returning the ERC20 tokens?

Plus, there will be a reputation-based loan. This is one of LEND future goal, isn't it?

With reputation based loan, the borrower will more or less be forced to return his loan as a case of default will taint his record

Correct, we're releasing a gamified credit profile with the coming release next week. Super excited for it! Only the start - will eventually integrate with bloom scores etc also...

I think this will be a big leap forward! Although the project is developing quite quickly

[CORNEL]

what if present collateral value remains the same lets say 67% and borrower has no incentive to return , how lender can force borrower to close the deal , because for example end of the deal will be after the deadline of tokens swap. I just cant understand how you will avoid situation when lender can potentially stays with useless erc20 tokens

Why would there be no incentive to return? The borrower couldn't get the new tokens either without paying the loan back and returning the ERC20 tokens?

Plus, there will be a reputation-based loan. This is one of LEND future goal, isn't it?

With reputation based loan, the borrower will more or less be forced to return his loan as a case of default will taint his record

Correct, we're releasing a gamified credit profile with the coming release next week. Super excited for it! Only the start - will eventually integrate with bloom scores etc also...

We can expect for big move very soon as like dev team is developing the features this will make this project more useful but it is worth to keep strong believe into the great future of this token surely this will be next big thing in decentralized lending era.

[Zlata95]

STRATEGIC PARTNERSHIP: ETHLend is proud to announce a partnership with Kyber Network, an Ethereum based protocol that allows the instant exchange and conversion of digital assets: https://blog.ethlend.io/ethlend-and-kyber-network-announce-strategic-partnership-b22e3c499aa7

[davidjoshua]

i would like to know if there's some way that the smart contract can see how much gas the sender is paying to run the contract and automatically refund that gas to the sender from a eth reserve in the smart contract. is not the case of ethlend but is for a research i'm doing but i don't know any smart contract expert so here i am

[pacamobradillo]

so there is no way to do something like i explained before, you know stani i'm working on the tether killer you talk some days ago
i think i have something that can really work
but before i want to explore all possible ways

[tientien4]

 i was aware of this problem, so i think it can be solved by creating a database with the avarage gas used on that particular smart contract and use it as a source
i hope to bring you some good news soon about it
i have to do some matlab tests

[Miiike]

i would like to know if there's some way that the smart contract can see how much gas the sender is paying to run the contract and automatically refund that gas to the sender from a eth reserve in the smart contract. is not the case of ethlend but is for a research i'm doing but i don't know any smart contract expert so here i am

If it's not ETHLend project, then asking here would be a little bit out of topic. But to answer your question, you can manually check the gas used for a transaction from etherscan, then you could re-send the fee used to the sender if you want to, although I think the amount will be quite small. And  wouldn't sending it back require another gas fee?

[MiPe]

Very great news from the dev team for the community. ETHLend is a finalist at the 2018 Lendit conference and can win the Lendit fintech industry award. This can be a very good commercal for the project.

[scotty595]

Very great news from the dev team for the community. ETHLend is a finalist at the 2018 Lendit conference and can win the Lendit fintech industry award. This can be a very good commercal for the project.

Hopefully  That would be amazing!

[Camus]

Very great news from the dev team for the community. ETHLend is a finalist at the 2018 Lendit conference and can win the Lendit fintech industry award. This can be a very good commercal for the project.

fact that they are finalists is already a huge advertisement for the project, I wonder how the victory will affect the price

[Jantapw]

What’s going on with lend? It’s been at a stand still for too long now, hoping for momentum

[chayantoon]

We are currently negotiating with other exchanges to get LEND token listed to provide more liquidity and an opportunity for the future application user to purchase LEND and enjoy the benefits of using LEND tokens on our decentralized application. ETHLend will also use 20% of collected fees to purchase LEND from these exchanges to reward active lenders and borrowers to increase user adoption and lending volumes.