ETHLend (LEND) – The Future of Finance
Hey Man, Can I Borrow a Satoshi?
Imagine needing to come up with the funds to grab some new coin that just came out on your favorite exchange… but you know you don’t want to disrupt your HODL! ETHLend (LEND)’s got your back. With ETHLend (LEND), you can get access to crypto-credit from a decentralized market of lenders! And the interest rates you are inevitably forced to accept? They are bid on by the lenders, ensuring a fair, free market approach.
Yes, gone are the days of interest rates decided arbitrarily when it suits your bank! And to think of the 1.5% rate they give back for the privilege of holding your money! Shame! When viewed as a tool of personal empowerment over your wealth, this shining crypto-star glows brightly amongst the questionable hodgepodge of altcoins being sold in the darkened corners of your favorite exchange!
Lending out your crypto in a decentralized manner should be seen as a truly revolutionary act. Cutting out the bank and increasing access to credit through peer-to-peer smart contracts may not just be ridiculously brilliant, it may be a giant step into the future of finance. ETHLend (LEND) does just this (cutting out the bank), having solved the awkward problem of losing your lent capital to some unknown entity you just met on the interwebs. That issue, of course, requires enforcement. And this beauty of a coin uses the Ethereum Blockchain network to provide us a decentralized enforcement strategy.
All revolutions need a leader if their ideals are to be upheld in the new order. Founded by Stani Kulechov, the team at ETHLend (LEND) is solid, backed by an advisory board. The community of believers and real-time users are active and a live Dapp is up and available at their website. And with a click of a button, you can lend me your ERC20 tokens on the Ethereum Blockchain for a reasonable interest rate (don’t worry about my credit score, it’ll improve I promise). The newest developer update, ETHLend Alpha .2 just came out today, so don’t feel like you’re late to this party, it’s the perfect time to start lending.
It’s also the perfect time to start HODLing this coin! Trading at just 8 cents, this beauty is up 45% on the day at the time of this post! Wow. LEND these guys a hand. chuckle* No, really. They deserve it.
Did I mention that ETHLend (LEND) won the community vote to be listed on Binance earlier this month? Yeah, it did! So while you revel in your earnings from your Verge (XVG) or Tronix (TRX) or Po.et (POE) tokens (wow, did I call all of those?), remember to roll some of it over to this soon to explode long term HODL opportunity. By the 4th quarter of 2018, should they stick to their development map, ETHLend (LEND) should be able to facilitate the lending of other types of altcoins.
Beyond that… the moon!
Imagine All the People
In the near future, we won’t need a bank to lend or borrow. Utilizing a democratic, transparent and true market, loans will be sent within seconds, person-to-person within the Ethereum Blockchain network. Utilizing smart contracts to ensure proper payment of due funds, this revolutionary construct is already being tested in the real world. And I think that’s great. Because it will be nice to live in a world where access to finance is equally available. Imagine all the people, sharing all the world. Or at least sharing all the crypto, which is virtually the same thing! Get it, … virtually. Lol.
*Update… get in quick! It’s now at 9 cents, and this trend may continue through the night! register at Binance here!