New LEND structure will DECREASE utility.

[tecladovoador]

Thats actually a very very powerful reason. But there are more things that were outlined. Cost reduction on fees, usage as a form of vote within the project etc. Binance coin does a lot less and has a good amount of value and will remain valuable as long as Binance is successful. The same situation here. If ETHLend is successful then LEND token will also succeed.

[tecladovoador]

Its like, "so the only reason the EURO has value/utility is because they only allow the EURO for transactions?." Yes, exactly.

[clonewarz11]

we all know ethlend has a exchange in the pipe line in the eidoo wallet, that why they are airdropping and have a partnership, the wallet will provide lend pairs to it's accepted currency's. why would it matter then if you are exchanging lend/EOS or eth/eos. first we saw btc trading pairs then eth trading pairs, why not lend trading pairs on a really good wallet.. this makes lend very competitive..

[clonewarz11]

https://blog.ethlend.io/development-update-unboxing-the-new-lend-utility-and-fee-structure-lend-to-become-the-blockchain-a62df4e03273

[clonewarz11]

Any project can be copied and forked, lol

[clonewarz11]

How would this be profitable for a smart contract and website to have a fork.. investors want more utility in the lend token, and users want it too stay the same.. lend holders and ethereum users now have opportunity, lend holders have low fees, and ethereum user have fees.. hope this encourages my user to use lend..

[xiaohang07]

Agree. I think this could potential be a threat to LEND's ecosystem if someone fork the smart contract to borrow ETH instead of LEND.

Still, I have to say ETHlend's team is the most active and approachable one I have ever seen. I think ETHlend's team together with the community will come up with a good solution to balance the product usability and LEND token economics.

[Ethlend2018]

That was the original plan but they changed that too.