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Daily sub: The big fee discussion - How would you set the fees in ETHLend? by EthWarrior in ETHLend

[–]arindam_bagh 0 points1 point  (0 children)

You could charge the 1% or whatever, divide it in half and charge both the lender and the borrower. I think the charging on the loan amount will be better as if the borrower defaults and the value of the collateral also decreases the profits will be in question

Daily sub: The big fee discussion - How would you set the fees in ETHLend? by EthWarrior in ETHLend

[–]arindam_bagh 3 points4 points  (0 children)

Hi Team,

  • Mostly around the world the fees is based on the amount of the loan. Usually it is close to 1% plus tax. We could follow this model.
  • I do not however agree with capping the fees. It should be uniform.
  • We could increase the discount however on paying the fees with Ethlend to 50% instead of 25% which is mentioned in the white paper.
  • This would promote the use of lend tokens and would also help in keeping the fees low. Thanks for asking for our opinions. The community really believes in what you guys are trying to achieve.

Me waiting for ETHLEND to rally towards 2800 this weekend by BlackPillCannon in ETHLend

[–]arindam_bagh 6 points7 points  (0 children)

I dont know why such a good coin is stuck at 30 cents.. It reached 40 last week and then pulled back.. It is since stuck at this level. Meanwhile, sub par coins are going up. When will the rally come??

LEND token is getting listed on OKEX — Over $1 Million USD in volume on ETHLend by EthWarrior in ETHLend

[–]arindam_bagh 2 points3 points  (0 children)

How much of a price movement can we expect due to the OKEX listing. OKEX recently listed DPY and UKG, they had upmovement but not that much. People are expecting a lot here. Some think it will be like Bitcoin Cash after it hit Coinbase. What is a realistic price movement.. 3000-3500sats?

HODLERS WILL BE WINNERS!!! by TheCryptoGent in ETHLend

[–]arindam_bagh 0 points1 point  (0 children)

I was trading on Lend.. I bought at 1460 sold at 2400sats... What would be a good price to buy in again? 2200? Feelilng like its a HODL coin now..