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

[tientien5]

We are listed in many exchanges but we are always looking for opportunities if they are interesting for our users
Any new addition would be updated here and in our blog, by now no news about that

[ronaldodo]

ETHLend is a fully decentralized financial marketplace built on top of the Ethereum Network allowing lenders and borrowers from all over the world to create peer to peer lending agreements in a secure and transparent way using Blockchain and Smart Contracts.

[Otap2018]

ETHLend wants to give access to cheap money lending for everyone. They believe that interest rates should not be decided by politics, economic policies or banks. Interest rates should be decided by the people and the free market.

[gerymakgyaer]

Introducing a New Token Economy Model: Decentralized Microstaking



The goal of increasing the utility of a token is a never-ending quest when developing an Ethereum DApp. Even when you have a modern functional distributed application with a strong use case in the decentralized world like ETHLend, having a healthy token with a high intrinsic value is not easy to achieve. The reason for this is probably rooted in the infrastructure of the token built on the Ethereum blockchain as an accessory to the main currency. The fact that the token can’t be used to pay the platform fees already reduces its intrinsic value dramatically.

Another side of the matter involves the legal aspect of handling the economy of a token. For example, let’s look at the token burning method, which is one of the most popular approaches used to introduce scarcity and reduce total supply. It works well on average, but might introduce some weird anomalies in extreme cases and may increase the risk of having tokens classified as securities. This is because artificially reducing the total supply may not pass the Howey test.

So the question remains: how do we increase the utility of a token and avoid it being classified as a security, while creating more value? To answer this question, we need to explore what it means to create utility for a token and how this might affect its value.
https://blog.ethlend.io/introducing-a-new-economy-model-decentralized-microstaking-cf8b2e41fa6

[cotocototo]

 we are always open to constructive criticism and open discussions anyway i think everything we are developing (microstaking, btc lending and all the other stuff) is very experimental in this liquid environment and i bet things will evolve pretty quickly

[Xemesis113]

The fund aims to introduce scarcity, but instead of burning it (like others are doing, which is legally problematic) we will rediatribute it slowly
Thats it
The reason for that is in the concept of token velocity, it's something really interesting and worth elaborate on

[Karamen35]

I didn't mean any disrespect. I think my text above comes off a bit rough, but that is just because I type as little as possible so it comes across rude.

[gembira]

ETHLend will allocate 20% of collected fees to purchase LEND from these exchanges to reward active lenders and borrowers to increase user adoption and lending volumes starting Q1 2018.
 
50% is allocated to active borrowers based on volume and the other 50% is allocated to active lenders based on volume. Rewards can be claimed 30 days after the Q ends.

Why they just not burn this re-buy tokens? Like this made Binance with their tokens for example. It may increase token value.

[Miiike]

ETHLend will allocate 20% of collected fees to purchase LEND from these exchanges to reward active lenders and borrowers to increase user adoption and lending volumes starting Q1 2018.
 
50% is allocated to active borrowers based on volume and the other 50% is allocated to active lenders based on volume. Rewards can be claimed 30 days after the Q ends.

Why they just not burn this re-buy tokens? Like this made Binance with their tokens for example. It may increase token value.

Because, as I state previously  based on what I read of my memory serves me correctly, a burning doesn't guarantee a value increment. While incentivising people will persuade them to do more and thus, create a bigger fund circulation

[Peterdav]

ETHLend will allocate 20% of collected fees to purchase LEND from these exchanges to reward active lenders and borrowers to increase user adoption and lending volumes starting Q1 2018.
 
50% is allocated to active borrowers based on volume and the other 50% is allocated to active lenders based on volume. Rewards can be claimed 30 days after the Q ends.

Why they just not burn this re-buy tokens? Like this made Binance with their tokens for example. It may increase token value.

Because, as I state previously  based on what I read of my memory serves me correctly, a burning doesn't guarantee a value increment. While incentivising people will persuade them to do more and thus, create a bigger fund circulation

Ya, that's true. burning doesn't guarantee a value increment moreover re-buy token.

[Karamen35]

as this was answered by Stani its better to refer his reply
if you ask for the max loan amount you cant set a MPR because you are asking for the max amount for example 75% you also need to take in account the addition of the MPR, the premium

[Seattlle]

Note that you pay for all three installments nevertheless.
 when i set terms in a loan request, and slide the 'Amount' to max, how come i can't then set a MPR? what is the logic?

[influence]

In my opinion, more collateral more difficult to find a borrower but more security for the loan
the minimum amount of collateral is 1.33333 ETH of OMG
becase you could ask in a loan for 75% of the collateral value
also you need to take in account the MPR of course, I didnt calculate taking it in account

[ronaldodo]

do you have a guide as to what is a good Collateral Amount to use when making a loan offer ?
e.g i'm want to lend 1ETH and will accept OMG as collateral, what is a good amount of OMG to request - 2 month loan at 2% MPR

[tientien333]

Depends on your decision, I mean, you can set the lower amount of collateral, which is easier to a borrower to accept the loan, but that would make easier if there is price reduction that the collateral prices get equal to the loan amount + interests
of course you always would be able to claim the collateral in that case

[fisnish]

We are making competitions and giving different opportunities for getting them
For example currently we have a survey for our platform users
they get a shirt and a fee waiver card for filling it

[tientien22]

May i know if there had a "locking LEND for rewards" plan? If yes, may i have the details? If not, would your team consider it? For example LEND team started a promotion and announced that LEND holders sent LEND to an address and locked the LEND. These holders can get more LEND as rewards.

[englisher]

Nexo is backed up by Bancor, Bancor froze hacked tokens showing to have a back door (that nobody knew about) on its smart contract code. I wouldn't put my money with ANY of the two. lol. Ciao ciao we say in Italy

[Nadia_l]

After some time I`ve spent in the net I find this very interesting article published on the medium of ETHlend founder Stani Kulechov named
"How Blockchain Startups and Institutional Investors Are Covering Operational Costs Without Selling Their Digital Assets"
I recommend it to read for every crypto enthusiast and I would make obligatory to read this for every ICO founders that usually sell most of the collected funds, most of them in ETH, dumping the price hardly!

Link -  https://blog.ethlend.io/how-blockchain-startups-and-institutional-investors-are-covering-operational-costs-without-selling-ccbadd050d54

[Kirilp]

Breaking: ETHLend Breaches USD 15 Million Smart Contract-based Lending Volume — Rewarding Active Users for Q2
https://blog.ethlend.io/breaking-ethlend-breaches-usd-15-million-smart-contract-based-lending-volume-rewarding-active-d3dd7272bcdf