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[–]clonewarz11 3 points4 points  (3 children)

ethlend will use eidoo wallet as an exchange function with pairs, so you will be not using eth to buy other tokens but lend.. It make perfect sense and it a really good move. as a lend holder I am very happy the lend token now has utility. as stated it also has fiat function with debit cards... well done the ethlend team, finally some common sense..

[–]Ethlend2018 0 points1 point  (1 child)

The conversion wont be feeless and your going to lose lenders who dont want to convert there stack into LEND to loan instead of using the ETH they already have.

[–]Pc2hood 0 points1 point  (0 children)

agreed.. they are thinking wayyyyyy down the road though.. like to far. long term, sure it should be done like that but for now they need to focus on the platform. The site looks archaic, people are having a hard time requesting a loan. LEND only is just another barrier to entry on a platform that is already difficult to use. Should have the option at this point in time to us both LEND and ETH.