sjyi
Jr. Member
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Activity: 182
Merit: 1
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April 18, 2018, 04:03:31 PM |
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What's the estimated daily proncipal interest? What does it depend on?
Mostly it will depend the amount of loan we have. If we have too little, we will increase it, if there's too much, we will lower it. On average it should stay within 0.3 to 0.6. Normally a business earns revenue from others and then distributes profits to the share owners. 0.3% daily rate equates to 109.5% on an annual basis. 0.6% daily rate equates to 219% on an annual basis. Now the borrowers need to pay at least this amount of interest on a loan. Who would pay this kind of rate? It would be cheaper to go find a loan shark.
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banerro
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Activity: 109
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April 18, 2018, 05:47:08 PM |
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How much will you spend on buyback?
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Poy.Jon
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April 18, 2018, 05:51:04 PM |
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Or course, the % is high, cause the crypto projects still are risky AF
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Kitty.Tanya
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April 18, 2018, 07:43:06 PM |
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And the 200 deposit bonus is gone too!
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kyxap
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April 18, 2018, 07:45:09 PM |
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Very impresses the speed of set of community. When I have learned about the project, such rates weren't. Excellent work, the developer, continue to please us.
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Artem.dump
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April 18, 2018, 09:03:11 PM |
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Good to see that the developers are constantly imroving the project, it's very important for the business to run smoothly.
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kolyn
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April 18, 2018, 09:09:43 PM |
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I don't mind if it's risky, nobody should invest more then can afford to lose…
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Serg.point
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April 18, 2018, 09:13:10 PM |
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So I will initially get my interest in $, then I can decide if I want to reinvest it and if I want to exchange It in POWL?
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Enjoy.87
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April 19, 2018, 12:04:22 AM |
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Very interesting! Make more infographic, please!
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Tim.Bet
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April 19, 2018, 12:05:50 AM |
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Interesting. And what if I, say, make a loan and then want to add more ? Should I mske a different loan, or I can add it to aprevious one?
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Keyless
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April 19, 2018, 12:21:53 AM |
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The referral is already on, guys?
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book.me
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April 19, 2018, 12:26:07 AM |
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suppose that the token sale will be very fast! Got to grab my coins!
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BitByata
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April 19, 2018, 03:32:54 AM |
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I'd like to see how this one will go, if it really cana greener world, then I'm sure there will be plenty of supporters.
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Knockwill
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April 19, 2018, 03:37:30 AM |
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I'll try to meet you there on the event!
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GTXman
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April 19, 2018, 05:43:28 AM |
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How are you going to make onother coin from the same project? Will they be mutually convertible?
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JohanStark (OP)
Copper Member
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April 19, 2018, 05:50:50 AM |
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How are you going to make onother coin from the same project? Will they be mutually convertible?
Yes, most of them will follow Powerloan's principle.
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Julia26
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April 19, 2018, 05:52:01 AM |
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There's no problem to add several token types, I guess. Especially when there will be a specific usage area for each of them.
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JohanStark (OP)
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April 19, 2018, 05:53:16 AM |
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Official Announcement19th April 20181. Powerloan have rectified all issue with deposit. Deposit should now be smooth if you key in the right amount not including transaction fee. We have identified the root cause of the earlier issue down to the deposit address and our team have completed the fix. 2. We will stop responding to message actively on ANN and will continue to use it for our announcement on the main post due to overwhelming amount of messages. If you would like to get news or talk about Powerloan, join our telegram: https://t.me/powerloanhttps://t.me/powerloanchat
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holua1
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April 19, 2018, 06:10:11 AM |
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there're other lending programs, but only a few of them that I actually want to join… Powerloan is #1!!!
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Timur.brnd
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April 19, 2018, 09:24:34 AM |
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How much did you raise from deposit?
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