How do I profit from LEND? ( /14)
LEND is designed to create user adoption and more value for the product by rewarding active lenders and borrowers and enabling ZERO lending fee when LEND is used as medium of exchange and 50% fee reduction when LEND is used as collateral. Also, LEND will grant access to Preview Features, Featured Loans, Protocol Voting Portal, Boosting Borrowing Power and more.
This new structure accelerates user adoption and since LEND entitles zero lending fee and fee reductions the lenders and borrowers would prefer to purchase LEND from the market before going to ETHLend. When more users are using the application, there are more lenders and borrowers that would purchase the token from the market. Moreover, ETHLend uses 20% of the application fees to purchase LEND back and to reward active borrowers and lenders with airdrops, therefore increasing the demand for LEND. This unique way is the only way to direct the the value to the product, thus to the project and hence to the token value (and token holders).
Hi, great post, have followed you. What do you think of the current state of the Bitcoin market?
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have followed back.
i think bitcoin price today is too low , 1 bitcoin is equivalent to 8,030.23 usd
better to hold btc until november or december because i noticed that in bermonths bitcoin rises.
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