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

[dumbtool45]

strange, but I still have not answered the question - is the platform running now? I mean, can I start earning today with ETHLend tokens?

[denam]

Platform is fully functional and transactions are being done successfully. I don't remember well the exact number of tokens have been settled among parties participated in different transactions. Lend is undervalued token seeing the vision of team and plans of global expansion with fiat integration in future.

[tientien6]

there is a loan in the offers where someone gives 0.19 eth for 14457 lends and another one which gives 0.2eth for 3300 lends as collateral? how can this be? nearly the same amount of eth but nearly 5x collateral...

[kevinantonio]

 would be rewarding token holders passively and according to Howey test would be deemend as a security. Our aim is to reward users who utilise and create demand for the LEND token.

[camargoherrera]

there is a loan in the offers where someone gives 0.19 eth for 14457 lends and another one which gives 0.2eth for 3300 lends as collateral? how can this be? nearly the same amount of eth but nearly 5x collateral...

In Loan Offers lender puts in the requirement for Collateral for that loan. As we are p2p it's fully up to users to set the rules of the loans. One Lender might require less collateral and one more.

[Ale75Opus]

Decentralization of such a process as lending provides better security and trust. Decentralization does not require that any third party, such as banks, oversee the deal with the loan.

Unfortunately, ironically ETHLend is actually more advanced from the idea you state. One of their goal is the trust-less loaning, where even someone who doesn't know some other else (thus, not knowing him at all and couldn't be possibly trust him with some fund) can still lending without worry as they have reputation history.

I must have put my thoughts a little wrong. Your wording has very clearly described everything, thanks for the explanation!

[nguyen0806]

the fee in new dapp is unacceptable! 30-40USD for generating a new request. WTH

[Splin V]

Beginner’s Guide to ETHLend: Basic Concepts

https://blog.ethlend.io/beginners-guide-to-ethlend-basic-concepts-e968b0580d82

[Brilliantrocket]

ETHLend is a decentralized application that enables the use of digital assets as security to receive other digital assets securely and securely using smart contract technology . 15,000 ETH Zurich loans were granted for the first time in a few months .

[Xemesis113]

Is it possible to give Lend token utility to automatically fill any loan that accepts Eth as collateral? Automatically switching Lend into eth or peg it somehow to Fund a loan
Same thing once btc lending is out
I think this would completely round up Lend platform and the only way to give Lend the real unmistaken use scenario
Lend should have Joker card role on the platform

[camargoherrera]

If you want to keep in touch with the development of ETHLend better follow us here and on our blog than some outside source.

[Sucess]

Yes, some of these are actually done such as the discounts and also in terms of discounts, they are not actually 25%, instead 50% when LEND is used as collateral and 100% when LEND is used a currency. Also penalties are already implemented. I recommend to follow our blog for any updates and the development process, since there is lot of things we have added or are adding as an addition outside the roadmap.

[Miiike]

If you want to keep in touch with the development of ETHLend better follow us here and on our blog than some outside source.

Umm...here where? You didn't attach any link to any site or channel. If you mean this thread, it is true that community still attend to this thread and help answering questions that they have the knowledge of. But if new members would like to know more and be in touch with the team, I would suggest to join their telegram as the team is extremely active there and will always attend to every member's post

[tientien6]

Different experience to what I’ve seen/advised in past so possibly something strange happening with your MM
Maybe try restoring the MM wallet on a new browser?

[andiagung]

it just dont cancel the old transaction, it rejects the new transaction not the new one
that is why maybe my metamask is the issue, is there other way to repay the loan

[camargoherrera]

I worry because if I experience this issue when processing the installment payment, who will liable if the network does not accept my transactions? I still have 1 more day to pay the installment but network does not allow me

[dumbtool45]

why would the moderators not ban the previous three users?, it is obvious that this bot and they interfere with the dialogue

[mcfom]

This is investor's mistake to invest based on imaginary expectation from any project to make him rich over the night. Large majority expect just uptrend in price before investing in any project without taking in consideration second thought that drop can happen too. I have personally seem people talking just about profit and here they make mistake and the say words about any project. They are building platform in small steps which still needs time.

[nikolya1989]

The price is worse. And do you think that this is the bottom and further growth awaits us? Strongly in this doubt. It is more likely that the platform will close at any moment and the coin will die.

[Miiike]

The price is worse. And do you think that this is the bottom and further growth awaits us? Strongly in this doubt. It is more likely that the platform will close at any moment and the coin will die.

Why? I thought you've left long time ago. You're never a believer of this token, anyway. So why bother coming back and sounding like you've supporting them and decided to give up?

This is the end of the coin. Farewell, once a promising coin ...