Everyone used to know that "Compound interest does not exist." Today the crypto holder can put up 20 coins collateral to hold 10 more coins. When the price rises twenty percent the holder can choose to make full repayment increasing their stake as the value also increases. A subsequent loan contract can be issued including the increased stake, two coins in this case (compound interest and/either spending money for necessities).
Although ETHLEND is a peer-to-peer DApp, client service was exceptional. I did have an issue arise while using the DApp. I appreciated the experience as the technical and client service made up for my ability to break the software (find fault by overuse). The parameters of the error were discovered and I have not experienced the issues since.
ETHLEND is the realisation of a vision expressed in 2014 as one of the use cases of smart-contracts by Vitalk Buterin (ETHer guru).
I would also mention the traffic and volume on ETHLEND are still quite low. Yet the underrated DApp is providing significant returns for it's users while respecting the ideals of decentralization and peer-to-peer financial management tools.
The true power of ETHLEND revealed itself to me as the ability and freedom to offer a contract with the terms I have specified (length of term and percentages). The peer-to-peer model allows for negotiation of terms, being fair with percentages offered to the lender attracts funding for the loan contract.
So far the time from offer to funding of the loan contracts has been from one hour to one day. Those holding smaller amounts tend toward requesting loans while funding them is attractive to the holder of significant amounts of ETH. The contracts between peers are backed by crypto-collateral held at a smart-contract address which GUARANTEES the lender full repayment. I would encourage those with little ETH to find ways to make use of the DApp and those with much to participate in the funding of loans.
The secret is that many loans are repaid long before the end of their term. A twenty percent spike in ETH prices allows for repayment of loans sometimes days after they have been funded.
The reality is that there is no ETH available under $1000, we are fortunately still living at a time on the charts where it can be bought for less.
Next summer is the projected halving of Bitcoin issuances. One year from now there is not likely to be any ETH available under $1000. Institutional money worldwide is about to touch the neckbolts of Franken-ETH.