![](https://steemitimages.com/640x0/https://steemitimages.com/DQmbemGKZ6tCDomivLSUasa9Qynx3CxnnZwwtiJBGSxdFkb/image.png)
LoanOrLease is a relatively new and no-frills lending platform that aims to utilise smart contracts to provide a truly decentralised peer-to-peer loan system.
![](https://steemitimages.com/DQmVVGbQz3AsuHt6U5gSq87NKEQV7F8cpabuLFbxyHbEWx7/image.png)
Ticker: LoL
Algorithm: Scrypt
Type: POW/POS (25% APR)
Max Coin Supply: 7.28 Million
Coinbase Maturity: 10 blocks
Confirmations Needed: 3
Masternode: 5,000 LoL (Q1 2018)
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmRXxvkp7XB7QZCkwhVo9JHbgk6ud7FeG4vD2uVkogAokp/image.png)
![](https://steemitimages.com/DQmWeNgrYGeTVaL8J62xyCJgCkCKmedfsKWxLM5mxQU9QkX/image.png)
Just to update that all Masternode Packages have been sold out as of Dec. 28, 2017 2PM EST.
Masternodes can still be purchased but they will no longer come with a free Raspberry Pi3.
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