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RE: Hive.Loans - Decentralized Blockchain Based Lending and Banking Platform (Currently in Pre-Alpha Development)

in #hive4 years ago

Only those borrowing have to worry about key stuff. Lenders will simply have to log in, deposit and set their interest and duration preferences and the system will do the rest. Then Lenders can just show up once a week or whatever to grab and withdraw their profits.

Interest rates will be lender specified with the lower end looking like 10% and the higher end looking like 30%.

No need to create an account, this service uses hivesigner for logins so you just plop your posting key into it and you should be able to access your stuff.

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Jeah I guessed that, but the sentence is implicating something different but okay.

Then Lenders can just show up once a week or whatever to grab and withdraw their profits.

It would love to see an automatic version for that.

Interest rates will be lender specified with the lower end looking like 10% and the higher end looking like 30%.

Will be interesting to see the rate compared to the curation and dlease. Might be worthwhile to arbitrage that.

No need to create an account, this service uses hivesigner for logins so you just plop your posting key into it and you should be able to access your stuff.

For Lenders jeah, but for borrowing I would always create an extra account. The master key has to stay safe.