Market Cap: $1 613 224 898 870 (2.68%)
  • Volume 24h: $102 671 773 465 (6.36%)
  • Market Cap Change 24h: 2.68%
  • BTC dominance: 44.71%

ETHLend LEND

Democratizing lending using the Ethereum network

Ethlend is a fully decentralized peer-to-peer lending smart contract on Ethereum blockchain for lending Ether by using tokens as a collateral.

Token Blockchain: Ethereum CMC Rank: 228 Team Location: Estonia
  • USD: $2.64
    1h: 0% 24h: 10.04% 7d: 17.51%
  • BTC: 0.000081 BTC
  • ETH: 0.0013 ETH
All Time High: $6.60 2 years ago
Current price is -60 % from ATH
Market
  • Cap: $145 815 953
  • Vol 24h: $5 977 (0.00 %)
Supply
  • Circulating: 55 308 184 LEND (4.3 %)
  • Total: 1 299 999 942 LEND

ETHLend ICO stats:

ICO dates: 25 Sep, 2017 - 25 Oct, 2017 (6 years ago)
ICO platform: Ethereum
ICO price: $0.017 USD | 0.000037 ETH
Raised on ICO: $16 074 752 USD
LEND tokens sold on ICO: 1 000 000 000 LEND (1,808.1% of circulating supply)

ROI since ICO:

x152.60 in USD x36.70 in ETH x39.82 in BTC

Peak ROI in USD: x381.50

ETHLend Price Chart

About ETHLend

ETHLend is a decentralized lending platform that runs on Ethereum Network which offers secure, peer-to-peer lending Smart Contracts. ETHLend strives to break through the traditional bank loans system with a more efficient solution. ETHLend also uniquely allows a borrower and a lender to decide on important loan details that can eliminate the need of a middle man. Due to the elimination of middlemen, process fee for a loan does not exist on this platform. This provide convenience to any lender and borrower to create loans on their agreed terms. Decentralized lending has fixed many issues and one of the reasons why is the transparency of loan.

The Ethereum network provides a transparent ledger where all transactions are available to be inspected. Secondly, it isn’t necessary to find a trusted loan provider because all collateral which is the digital asset for loans are stored and locked in a smart contract and broadcasted on the public ethereum blockchain. It is also flexible for borrower to manage the collateral by refilling or withdrawing part of it. Borrower may make such changes when the lender is notified and aware of such movement. If the lender finds out that the action is not communicated, the lender is allowed to initiate a margin call.

This year, ETHLend has made a major upgrades in its Q1 2018. They have deployed the new development for their peer-to-peer lending application named Alpha 0.3. The development process of Alpha 0.3 has started since the early of 2017. The new release also includes a completely new user interface which targets to lower the learning curve of user experience on the app. Furthermore, the new user interface has new sections to make lending process simpler such as including a ‘My Loan’ section, collectible badges and more. Other than that, the team is also in the process of developing more updates for the smart contracts. Hence, the team has decided to provide zero-fee lending with the use of LEND token as a medium of exchange, as an alternative to borrowing in Ethereum. The purpose of this is to provide a cross-blockchain lending currency which will prompt users to use LEND as the medium of exchange.

ETHLend Upcoming Events

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How to add ETHLend (LEND) ERC20 token to MyEtherWallet / MetaMask:

ETHLend GitHub Activity

ETHLend Transaction Chart

(thanks to ethplorer.io)

LEND Supply Allocation

ETHLend All Time High Chart

ETHLend Social

Twitter Stats
  • Followers: 43,952
  • Lists: 457
  • Favourites: 328
  • Update Frequency: 0.3 statuses/day
  • Created: 6 years ago
Telegram Stats