Review on Aave by Robiul Islam

Name: Aave
Item: Aave
Rating: 4

April 09, 2019

The project solves many problems that are faced by millions of people who may…

The project solves many problems that are faced by millions of people who may need a loan these include trust, access, and interest. LEND token holders receive a 25% reduction in fees on the platform. The tokens also provide users with access to certain features like featured loan listings. It has great potential it wipes all competition out of the water, especially with their upcoming plans. In order for project to grow, they really need to promote what they offer to the public through social media and blogs in order to engage and have an active community to spread the word about this project otherwise watch out for this one it has potential to be huge.
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Updated 5 years ago

Rating has not been changed

ETHLend exciting new features with the latest Baiji update.
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Fees have been completely removed for lenders. Lenders can now enjoy fees free earnings.
User can now obtain a permanent premium status by stacking 500.000 LEND in wallet. A stacking functionality has also been added for featured loans.
Borrowers will be able to withdraw the equivalent of the amount repaid in collateral, only if their repayments are all correct (there are no late installments) and if the Loan to value is below 50%. 
Users will now be able to repay the whole loan (or the remaining part, if already partially repaid) in one single transaction.
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