Yeild interest on loan? Interest check

[Rohan Kotkar]

Hello everyone.

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

The concept we are working on can earn income even when borrowing loan. Saving can yeild higher.

What is your personal opinion on it?

Thanks.

[jackg]

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

You haven't really said anything about what your intentions are on this. Are you planning on taking collateral from users and lending that out to make some yield or are you just planning on offering a lower % on lending than other sites for peole who'll pay a higher rate? Is the idea the rate will be guaranteed or will it fluctuate for earnings.

[Rohan Kotkar]

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

You haven't really said anything about what your intentions are on this. Are you planning on taking collateral from users and lending that out to make some yield or are you just planning on offering a lower % on lending than other sites for peole who'll pay a higher rate? Is the idea the rate will be guaranteed or will it fluctuate for earnings.

Yes, collateral would be mandatory but it would be in our native tokens. My intentions are to create a Industry adding value to the financial world. I've been working on it since a long time now.

The collateral deposited would yeild benefits and it would be greater than the actual borrowing interest rates leading for a zero interest loan with added benefits.

The rate won't be fixed as it would fluctuate depending on the round. There would be various rounds offered.

It is a chit industry revolutionised with blockchain for added benefits. Most of the part is confidential so far but the basic concept is publical.

[Rohan Kotkar]

It is a chit industry revolutionised with blockchain for added benefits. Most of the part is confidential so far but the basic concept is publical.

But you do know there are already some crypto lending which utilize blockchain, smart contract and other technology? So my question is, what are the advantage of your idea compared with today's crypto lending?

Savings and Borrowings would be carried among a group of individuals. Users would not actually lend funds but would save them in partly intervals and the borrowers would not actually borrow funds from anyone else but from their future stakes. Even with added benefits, borrowers would not actually need to pay any interest but would earn dividends on contrary.

Individuals who would be saving and not borrowing anything would receive benefits in more than one way. Dividends would act as a bonus to every user joining the rounds.

[OgNasty]

It is a chit industry revolutionised with blockchain for added benefits. Most of the part is confidential so far but the basic concept is publical.

But you do know there are already some crypto lending which utilize blockchain, smart contract and other technology? So my question is, what are the advantage of your idea compared with today's crypto lending?

Savings and Borrowings would be carried among a group of individuals. Users would not actually lend funds but would save them in partly intervals and the borrowers would not actually borrow funds from anyone else but from their future stakes. Even with added benefits, borrowers would not actually need to pay any interest but would earn dividends on contrary.

Individuals who would be saving and not borrowing anything would receive benefits in more than one way. Dividends would act as a bonus to every user joining the rounds.

If the borrowers aren't actually borrowing and the lenders aren't actually lending, then it doesn't sound like what you're describing is a loan at all.  It sounds more like you're talking about staking funds for a set period of time to receive a reward?  It's weird that you talk in terms of borrowing and lending when no funds are being borrowed or lended.  Where would the dividends come from?  Typically a scenario like this would involved a market maker using staked liquidity to generate returns from trades for the owners of the staked coins.  I think you'd need to describe what you're talking about better.  If the borrows and lenders aren't borrowers or lenders, I'd start with finding a more accurate description.

[Rohan Kotkar]

It is a chit industry revolutionised with blockchain for added benefits. Most of the part is confidential so far but the basic concept is publical.

But you do know there are already some crypto lending which utilize blockchain, smart contract and other technology? So my question is, what are the advantage of your idea compared with today's crypto lending?

Savings and Borrowings would be carried among a group of individuals. Users would not actually lend funds but would save them in partly intervals and the borrowers would not actually borrow funds from anyone else but from their future stakes. Even with added benefits, borrowers would not actually need to pay any interest but would earn dividends on contrary.

Individuals who would be saving and not borrowing anything would receive benefits in more than one way. Dividends would act as a bonus to every user joining the rounds.

If the borrowers aren't actually borrowing and the lenders aren't actually lending, then it doesn't sound like what you're describing is a loan at all.  It sounds more like you're talking about staking funds for a set period of time to receive a reward?  It's weird that you talk in terms of borrowing and lending when no funds are being borrowed or lended.  Where would the dividends come from?  Typically a scenario like this would involved a market maker using staked liquidity to generate returns from trades for the owners of the staked coins.  I think you'd need to describe what you're talking about better.  If the borrows and lenders aren't borrowers or lenders, I'd start with finding a more accurate description.

The borrowers are actually borrowing but the lenders are not really lending. The role for borrower and lender would be the same. Just the borrower would be the one to draw money from the pool at the very beginning of the round. It would allow them to borrow loan without paying any interest on it plus there would be flexibility of time. Lenders would actually incubate the habit of saving. Savings would allow them earn rewards in more than one way. Dividends would come from the pool itself. Even the pool would be funded in a specific cycle to make sure that the pool never runs out of money. The concept is not actually new as it has been into the root of India's internal financials since more than a century now. I've revolutionized the same concept and added a few more features which would be beneficial for each of the user.

I assume I've not disclosed much information so it might be difficult to understand what I meant to say here. I can't make the concept public without actual testing. It is something I've been working on recently. My intentions before starting this thread were just to check interest on something which I can't really find in the financial industry at the moment. Usually, the borrowers tend to pay a decent amount of interest for their borrowings. Collateral has always been a must on most of the places. I'm coming up with a concept where borrowers can actually benefit from more than one way to maximize their benefits.

I won't use the word "lending" as it is not associated by any way but yes, borrowing & saving are appropriate words for the concept I'm trying to disclose.

[SFR10]

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

Too good to be true!

partly intervals
~Snipped~
every user joining the rounds.

Apart from what you've already said in your last post, it would've been better if you could've provided an in-depth explanation for those rounds, but from what I've read and understood so far, it does look like a fancier version of a cloud mining, combined with a Ponzi scheme + some twists ^{[others might be able to give better examples]}!
^{- I hope I'm wrong.}

[Rohan Kotkar]

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

Too good to be true!

It would indeed be too good & true. Wondering why this concept is not yet found in the blockchain space.

partly intervals
~Snipped~
every user joining the rounds.

Apart from what you've already said in your last post, it would've been better if you could've provided an in-depth explanation for those rounds, but from what I've read and understood so far, it does look like a fancier version of a cloud mining, combined with a Ponzi scheme + some twists ^{[others might be able to give better examples]}!
^{- I hope I'm wrong.}

Tbh, this is nothing related to cloud mining. Surely not a ponzi scheme as well but it depends on the perspective of the individual seeing the project.
^{I will prove you wrong. (No hard feeling though)}

[examplens]

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

Too good to be true!

It would indeed be too good & true. Wondering why this concept is not yet found in the blockchain space.

there is something similar. On cexio exchange, you can take a loan using balances on their platform as collateral. but at the same time, they have a staking program, where you don't have to lock up coins. Even if they are in order, you will get profit from staking/holding on there.

I haven't personally tried it, but it closely looks like your scheme.

[Rohan Kotkar]

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

Too good to be true!

It would indeed be too good & true. Wondering why this concept is not yet found in the blockchain space.

there is something similar. On cexio exchange, you can take a loan using balances on their platform as collateral. but at the same time, they have a staking program, where you don't have to lock up coins. Even if they are in order, you will get profit from staking/holding on there.

I haven't personally tried it, but it closely looks like your scheme.

Can't find what you are saying on cex.io
They do provide loan but can't find a option to loan with staked coins. Plus they do have risk associated of loan liquidation. Which in our terms, is no risk associated. Our team still can't find a competitor providing same services.

[cryptoQueez]

Have you ever seen anything where you can earn interest by borrowing funds?
How good does it seem to you?

Too good to be true!

It would indeed be too good & true. Wondering why this concept is not yet found in the blockchain space.

there is something similar. On cexio exchange, you can take a loan using balances on their platform as collateral. but at the same time, they have a staking program, where you don't have to lock up coins. Even if they are in order, you will get profit from staking/holding on there.

I haven't personally tried it, but it closely looks like your scheme.

Can't find what you are saying on cex.io
They do provide loan but can't find a option to loan with staked coins. Plus they do have risk associated of loan liquidation. Which in our terms, is no risk associated. Our team still can't find a competitor providing same services.

Thanks for the feedback!! cexio exchange is best for beginners: we are saying cash app.