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Loon Network Review

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Revainrating 3 out of 5  
Rating 
3.0
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Description of Loon Network

Loon Network (LOON) is a cryptocurrency . Loon Network has a current supply of 0. The last known price of Loon Network is 0.00242784 USD and is down -3.12 over the last 24 hours. It is currently trading on 8 active market(s) with $329,969.14 traded over the last 24 hours. More information can be found at https://www.loonetwork.com/.

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Type of review

Revainrating 3 out of 5

A lender platform

Loon Network (LOON) a platform that is planning to build up an inter-blockchain decentralized loan Network, I which the users can choose to buy LOON to repay interest from the market immediately after mortgage loan. And if the value of LOON when the load I repaid, the platform will only recover the loon equivalent to the interest portion, and the value-added portion will be returned to the On recommended mining,. The recommender pays loon equivalent to the annualized interest on the…

Pros
  • The user can not repay increase value of LOON when the loan is repaid
  • Low transaction fee.
  • Reward credit data submitted.
  • Community governance
  • Credit data cross-chain reference.
Cons
  • The platform can not recover increase value of loon when the loan is repaid