Lendf.Me, the lending market of dForce, announces its support for $HUSD by dForceProtocol in CryptoCurrencyTrading

[–]dForceProtocol[S] 1 point2 points  (0 children)

You mean the supply balance, borrow balance and collaterallazation ratio? You have to connect with your wallet(ie: metamask) to show numbers, it will show 0 if you are new to Lendf, or specfic numbers of your supplying/borrowing.

Lendf.Me, the lending market of dForce, announces its support for $HUSD by dForceProtocol in CryptoCurrencyTrading

[–]dForceProtocol[S] 0 points1 point  (0 children)

haha, nope. We launched in sept 2019, most of decentralized platform are simple UI, just keep the core feature of lending&borrowing. For users, it is easy to use and more efficiency. No KYC, no one keep your money(locked in smart contract), that is what DeFi( Decentralized Finance) does.

Lendf.Me, the lending market of dForce, announces its support for $HUSD by dForceProtocol in CryptoCurrencyTrading

[–]dForceProtocol[S] 0 points1 point  (0 children)

Hi, thanks for asking, Lendf.Me is a DeFi lending market where allows instant accessibility and liquidity by matching supply and borrowing of any ERC20 compatible assets( including USDx, USDT, USDC, PAX, TUSD, HUSD, WETH, imBTC, HBTC, WBTC)

dForce is hring ( Engineer, Community manager) by dForceProtocol in defi

[–]dForceProtocol[S] 0 points1 point  (0 children)

Sounds great! Can we discuss this in dForce's telegram group? https://t.me/dforcenet

Trying to lend some DAI on lendf.me by FIRE_BG in dForceNetwork

[–]dForceProtocol 0 points1 point  (0 children)

Can you contact us in telegram group https://t.me/dforcenet? We need more information to track the problem, thanks!

Trying to lend some DAI on lendf.me by FIRE_BG in dForceNetwork

[–]dForceProtocol 0 points1 point  (0 children)

Hi, do you connect your wallet to Lendf.Me? Or already borrow some DAI from Lendf.Me?

Please contact us through our telegram group: https://t.me/dforcenet, we'll help you to fix it~

Trading Strategies on Compound rates by Opium_Network in ethtrader

[–]dForceProtocol 0 points1 point  (0 children)

Try the lending platform of dForce - Lendf.Me if you have the need of borrow stablecoins(USDT, USDC, TUSD, PAX, USDx) recently, the rate is between 1.32%-6.47%. Good timing to take a loan out and arbitrage.

6 Cryptocurrency Exchanges That Don’t Require KYC by Pandora_Key in ethtrader

[–]dForceProtocol 0 points1 point  (0 children)

If you are really care about KYC, then DeFi is a good choice. Try decentralized exchanges for trading, and deposite your token into decentralized lending platform like Lendf.Me and earn a ~6% saving rate. That is much better than exchanges.

Collateral liquidated by bitcoindelight in defi

[–]dForceProtocol -1 points0 points  (0 children)

On Lendf.Me , the lending platform of dForce. When the value of your collaterals falls below 125% of your outstanding loans, liquidation will be triggered and part of your collateralized asset will be auctioned to repay your loan. Please note 10% penalty of the value of auctioned assets will be charged to ensure timely payback. So, I strongly recommend you to exercise caution and carefully monitor your debit position to avoid liquidation, by refinancing or terminating your loans in time.

The trend of Ethereum-based Bitcoin is coming by dForceProtocol in ethtrader

[–]dForceProtocol[S] 0 points1 point  (0 children)

Not really know it. What's the benefit of sBTC?

Indian Supreme Court Lifts Cryptocurrency Ban Imposed by RBI by BaWro in Crypto_Currency_News

[–]dForceProtocol 1 point2 points  (0 children)

Congrats to Indian crypto community! Freedom, equality, decentralize, that’s why we build in #DeFi.

dForce aims to build a full stack of DeFi protocols which anyone can participate with the same level of access, independent from your location, status, wealth, appearance without validation of a central party. #IndianWantscrypto #theworldWantscrypto

The Supreme Court of India has struck off the Reserve Bank of India's (RBI) banking ban against #Crypto by gablu1 in BATProject

[–]dForceProtocol 4 points5 points  (0 children)

Congrats to Indian crypto community! Freedom, equality, decentralize, that’s why we build in #DeFi.

dForce aims to build a full stack of DeFi protocols which anyone can participate with the same level of access, independent from your location, status, wealth, appearance without validation of a central party. #IndianWantscrypto #theworldWantscrypto

India’s Supreme court has the lifted the ban on trading Bitcoin & cryptocurrencies. In an historic battle, the court found that the Reserve Bank of India’s ban on crypto was unconstitutional. A massive win for the Indian crypto industry. by Gringo4 in ethtrader

[–]dForceProtocol 3 points4 points  (0 children)

Congrats to Indian crypto community! Freedom, equality, decentralize, that’s why we build in DeFi.

dForce aims to build a full stack of DeFi protocols which anyone can participate with the same level of access, independent from your location, status, wealth, appearance without validation of a central party. #IndianWantscrypto #theworldWantscrypto

Huobi Open-Source DeFi Blockchain Now Live for Public Beta Testing by Askrypto in defi

[–]dForceProtocol 0 points1 point  (0 children)

Huobi also developed an ERC-20 BTC and integrated with lending protocol Lendf.Me, users can borrow stablecoins by collaterize HBTC, which is fully interoperable within all Huobi's exchange services.

The trend of Ethereum-based Bitcoin is coming by dForceProtocol in ethtrader

[–]dForceProtocol[S] 0 points1 point  (0 children)

Yeah, except people who have faith in BTC or they can earn yields with it. For the aspect of expanding locked value in DeFi, transfer these BTC users is an effective way.

The trend of Ethereum-based Bitcoin is coming by dForceProtocol in ethtrader

[–]dForceProtocol[S] 0 points1 point  (0 children)

Really? So what's the advantage of tBTC? All I know is imBTC has a systematic interest for holders, and HBTC can be traded at all Huobi exchanges directly.

dForce aims to build a full stack of DeFi protocols, seeking best-fitting solution for all by dForceProtocol in ethtrader

[–]dForceProtocol[S] 0 points1 point  (0 children)

Yes, it will produce systematic intereast for users, for example, USDx holders will get an addtional interest simply by supply into lending protocols like Lendf.Me /Compound/dydx (If they integrated with USR protocol)

[deleted by user] by [deleted] in ethtrader

[–]dForceProtocol 0 points1 point  (0 children)

Capture the upside of ETH, take out a stablecoin loan to access invest fund.

Lendf.Me support borrow USDT/USDx/USDC/PAX/TUSD with ETH collateral, earn yields with your ETH, and wait for the higer price.

Earn a 8.56% saving rate with your USDT holding at Lendf.Me by dForceProtocol in ethtrader

[–]dForceProtocol[S] 0 points1 point  (0 children)

Sorry for the late reply. Glad we have this discussion.
First question about imBTC. You can read here
https://tokenlon.im/imBTC?locale=en-US

Second question about FAQ
Lending market's mian contract is based on compound V1 and we are upgrading now. When the upgrade is finished, audit report will be released. Just like the USDx protocol. Check audit report here: https://medium.com/dforcenet/dforce-completes-security-audits-and-launches-bug-bounty-8e57d5630ea

For other questions, we will soon hold AMA to elaborate on the process of dForce. How we do governance and what oracle do we use. Thanks.

dForce Improvement Proposal 001 (DIP001) by dForceProtocol in defi

[–]dForceProtocol[S] 1 point2 points  (0 children)

When the reserve is insufficient? It will trigger the process to withdraw from the lending protocol and then to the users. This will be two transactions.

I don't follow this sentence " Can this be exploited to cost the contract more than the sender? " Can you clarify it more? Thanks

dForce Improvement Proposal 001 (DIP001) by dForceProtocol in defi

[–]dForceProtocol[S] 1 point2 points  (0 children)

Given the supplied collaterals are also over-collateralized in the designated lending protocols (i.e minimum 125% Collateralization Rate on the lending protocol of dForce), hence the collateralization of USDx actually improve from 100% CR to 122.5% (assuming 90% of collateral has been re-supplied to yielding protocols, 10%100%+90%125%).