Tired of losing money on bad loans? Here's how Lends P2P lending stops that
At Lends, weโve been working tirelessly to create a new kind of a secure platform for lenders and borrowers to interact.
Unlike traditional lending, it all starts with creating a pool.
With Lends, a lender initiates the loan process by creating a pool and depositing the initial seed amount.
This amount sets the total that can be borrowed.
Think of it as a collective fund created by a lender to provide loans to borrowers.
Pools offer liquidity and give borrowers access to funds under predefined terms.
These terms will determine how interesting the loan can be for the borrower.
To get started, youโll need to understand the terms:
๐ Loan-to-Value (LTV): This is the ratio of the loan amount to the value of the collateral deposited. It indicates both the risk and the borrowable amount.
๐ Annual Percentage Rate (APR): This is the yearly cost of borrowing, expressed as a percentage.
๐ Due Date: This is the expiry date of the pool, by which borrowers must repay.
Make sure to participate in pools that are more favorable to your needs.
Once you're in, it's a great way to put your idle funds to work securely and passively.
Now that you know how pools work, join our P2P testnet and win up to $2000 in $LENDS token rewards: https://t.co/5bOuEZYTNp
HOLY F*CK #ROOSTARMY WE HAVE GOT THE FULL ATTENTION OF @Cobratate & @TateTheTalisman
Do you understand what is going on? We will make $ROOST the first memecoin that the Top G apes!!!!
CA (before itโs too late๐)- 0xed899bfdb28c8ad65307fa40f4acab113ae2e14c
๐จLoan Caps Raised ๐จ
There's now room for a huge $100m in extra collateral for new loans!
-50% LTV
-0% interest
-No liquidation
There won't be space forever!
Borrow against your native $BTC and $ETH now!
https://t.co/apXHdtEzba
$LENDS
$LOCK is looking GOOD ๐๐จ
This is one thatโs going to explode as the Bull-Run continues.
Whales always want to keep their transactions private, and this is the best solution.
Billion dollar potential. Incoming ๐ค
It might seem unbelievable, but it's true ๐คฏ
All our loans are denominated in USD. Why's this cool?
Scenario: ETH = $3k
Deposit 10 ETH in Lends
Borrow 5 ETH ($15k)
ETH does 3x
Repay $15k debt
Profit (5 ETH x $9k) - $15k = $30k
And your 10 ETH deposit is up 3x!
$LENDS
$LENDS making all the right moves, crazy to think this is still ~$7m market cap with over $100m TvL.
If you are a project owner & think you can mutually benefit with a partnership, get in touch with the team. ๐
$LENDS breakout, s/r flip and HH
Mcap still sub $10M. Check out the partners in the quoted post. Strong partners, pure efficiency and TVL growing. Also first governance proposal is live since yesterday. An easy hodl imo
We're joining our partners @kucoincom for an AMA tomorrow Feb 28th at 12 PM UTC!
Have any questions about our how we're able to offer 0% interest loans with no liquidations? Come along and have all your questions answered ๐ต
We'll also be giving away $2,000 in $LENDS prizes, so you don't want to miss this๐ฅ
๐ Pre-AMA Campaign: $800 in LENDS (80 winners)
Participate in tasks on Gleam!
๐https://t.co/58pPUtEgwy
๐ฃ Free-ask section: $50 in LENDS (5 winners)
Send your question to get a chance to win!
๐ค Flash mini-game: $400 in LENDS (40 winners)
Stay tuned for thrilling activities and rewards after the AMA session!
๐ Learn & Earn Activity: $750 in LENDS (75 winners)
A recap will be published after the event. Read it and answer the quiz questions correctly to win.
To join the AMA:https://t.co/cPCM24w8bC
See you tomorrow!
$LENDS
โ๏ธ Major Product Update โ๏ธ
We're constantly working to bring you an improved lending experience, and we have some amazing news for you!
If 0% interest rates and no liquidations wasn't enough, we're now offering a 50% LTV on ALL loans ๐
That means you can borrow up to 50% of the value of your deposited collateral, whilst paying no interest fees and NEVER stressing about being liquidated! ๐คฏ
If you needed an excuse to try out the premier DeFi lending experience, this is it!
Happy borrowing! ๐ต
$LENDS
๐ Let's reignite the spark! ๐ฅ We're back and ready to shake up your feed with fresh content, engaging discussions, and exclusive announcements. Follow us now and join the conversation! #MementoMarketing
Join TG - https://t.co/ekiPv1App3
๐ฅ$LENDS TRADING IS NOW LIVE ๐ฅ
Contract Address: 0x2c06ba9e7f0daccbc1f6a33ea67e85bb68fbee3a
Trading is live at the following exchanges:
๐ตKuCoin: https://t.co/gblLnb2GbP
๐ตBybit: https://t.co/9HfK8VdsiZ
๐ตGate: https://t.co/rxkvUbcb60
๐ตMEXC: https://t.co/asUiMG97Yf
๐ตUniswap: https://t.co/DSryPhQE36
Be mindful of the initial tax mechanisms for trading on Uniswap:
First block: 50% tax
Next 10 blocks: 40% tax
Up to 30 blocks: 33% tax
Up to 1000 blocks: 20% tax
Beyond: 5% tax
Time to trade!
$LENDS