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ETHLend is a decentralized associate to associate lending appliance congenital on top of the Ethereum Network, application blockchain technology to accredit defended and cellophane lending.
ETHLend is developing a all-around lending bazaar area borrowers and lenders from all genitalia of the apple can participate in lending. The aim of ETHLend is to accommodate a cellophane and all-around lending bazaar and to abolish absorption amount differences amid countries by accouterment added clamminess to bounded lending markets. ETHLend solves key issues apropos to collaterals, decentralized acclaim appraisement and barter animation risks, which enables the abstraction of decentralized lending experience.
The aggregation abaft ETHLend consists of 20 bodies who allotment the aforementioned aim to bear decentralized lending to everyone. ETHLend differs from best blockchain startups by the actuality that the aggregation alien their alpha absolution in aboriginal May this year. Based on the applied findings, ETHLend provided a abundant White Paper on how decentralized lending ability accommodate the lending industry permanently.
While ETHLend is continuing to advance the decentralized appliance further, the aggregation additionally appear capacity on the accessible pre badge sale. ETHLend introduces LEND badge for contributors who are accommodating in the badge sale. The capital account action of LEND is the adeptness to use it for advantageous deployment fees on ETHLend with a 25% abatement compared to ETH. Additionally, ETHLend shall accommodate added privileges for LEND badge holders based on the association suggestions already the DAPP has developed into a abounding calibration lending market.
Moreover, ETHLend will use 5% added 1-5% (depending on the antecedent year’s growth) of the appliance deployment fees to buy aback LEND from the bazaar and bake it. The abstraction is to buy LEND that is not acclimated on ETHLend from the bazaar to advance the amount of LEND. The aftereffect is that the absolute accumulation of LEND is abbreviating overtime and the allotment of the badge holders buying on LEND increases. Thus, ETHLend aims to bear a able badge to the market.
The participants in pre-token auction will accept 20% benefit tokens as a accolade for aboriginal contribution. The allotment aim apropos the pre-token auction is 2 000 ETH (6% of absolute awash token), which will be acclimated for costs added analysis and development of our decentralized lending application. The purpose of the pre-sale is additionally to adapt for the accessible official badge auction on the 25 November 2017.
ETHLend pre-sale ICO details:
Starting: 25.09.2024 at 12.00 GMT
Ending: 25.10.2024 at 23.59 GMT or back the cap is reached
AMOUNT TO RAISE: 2 000 ETH
TOKEN FOR SALE: 60 000 000 LEND (6% of absolute awash tokens)
LEND TOKEN PRICE: 30 000 LEND = 1 ETH
(price includes 20% benefit tokens for all pre-sale participants)
Minimum bulk to participate: 1 ETH
Pre-sold tokens are deducted from the 1 000 000 000 LEND awash on official badge sale. Additional 300 000 000 LEND is contributed to founders and developers armamentarium to atone the accepted and approaching efforts on ETHLend and to allure new aptitude on board.
Official ETHLend badge auction ICO details:
Starting: 25.11.2024 at 12.00 GMT
Ending: 9.12.2024 at 23.59 GMT or back the cap is reached
AMOUNT TO RAISE: 37 600 ETH
TOKEN FOR SALE: 1 000 000 000 LEND (deducted by pre-sold tokens)
LEND TOKEN PRICE: First 200 000 000 LEND: 27 500 LEND = 1 ETH
(price includes 10% benefit tokens)
Next 100 000 000 LEND: 26 250 LEND = 1 ETH
(price includes 5% benefit tokens)
Remaining LEND: 25 000 LEND = 1 ETH
Minimum bulk to participate: 0.01 ETH
Decentralizing Lending.
Press Contact Email Address
[email protected]
Supporting Link
https://ethlend.io
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