I am doing a small research on the topic, I am interested in your requirements. Do you mind if I ask a couple of simple questions:
1)What do you mean by reasonable escrow fee, for example would 1% suit you as a lender? There could be another 1% fee for the borrower(splitting the fee 50/50)
I think the fee shall be split as both the lender and the borrower are putting money on the table(loan,collateral). Do you think this is fair?
2)How would you tolerate different collateral amounts? For example, an industry standard for secured loans is to get a loan equal to 50% of the collateral.
In the crypto space though collaterals are quite volatile in price. How would you rate different collaterals, for example:
Collateral , Loan as % of Collateral Value
LTC 80%
NMC 70%
DOGE 65%
Does it make sense?
I'm going to be diving into the lending business and want to know who offers escrow and will be able to hold collateral? I'm going to be offering loans up to 15BTC to people if collateral is provived, but instead of myself holdiing that collateral I want to find a suitable escrow with low enough fees to hold it for me to provide the trust platform that is needed in this section.
