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

in #hive • 5 years ago

What a great news, I love this innovation but I have two questions to ask.

  1. will other projects leaders be able to rent HP to help their various project too.

  2. What about if the price of hive has increased exponentially before the day to complete payment. Will it be in ratio of the number of lend hive to their number or in the price worth when it's lend.

5 years ago in #hive by
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     5 years ago  

    We're going to only be dealing in liquid HIVE. A number of other services already exist filling the niche of renting out HP delegations so we'll not be stepping on their toes offering already existing services.

    The price of HIVE will have no effect on loans or repayment amounts. Hive capital is paid back with Hive capital, price is irrelevant to the service. :)

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       5 years ago  

      That's good, as long as it's not in the price but in capital given.

      pls can you tell me some of the project renting out HP got a project on ground i would love to rent some.

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         5 years ago  

        I know blocktrades.us use to rent HP delegations..

        And I think a service called dlease.io use to as well?

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