Aave Fam

White Paper on Decentralized Lending (Milestone achieved)


The ETHLend team will propose a fully descriptive white paper on decentralized lending and the ETHLend DAPP. The White Paper will be based on the technical and experimental findings of the build ETHLend Alpha prototype DAPP. The White Paper will have a technical peer-review which will be published before the token sale. The White Paper will include a road-map which indicates the developments that ETHLend undertakes for a successful or partly successful token sale.

Reputation-based Lending with CRE in July 2017 (Milestone achieved)


ETHLend will add lending based on reputation. Reputation based lending will provide the possibility to borrow without using a collateral. Reputation based lending is based on the previous lending history on ETHLend. Each time the borrower repays 1 ETH worth of credit, the borrower will receive 0.1 Credit Token (CRE). The borrower can borrow up to 0.1 ETH with 0.1 CRE (1:1 ratio). In case the borrower does not repay either a collateral based loan or a reputation based loan, the lender can burn the borrower’s CRE balance. Reputation based lending is a gateway to establish the decentralized credit rating in the future.

Incorporation in Estonia (Milestone achieved)


ETHLend incorporates in Estonia to establish and perform a global scale token sale for the participants. Once the token sale is finished the HQ will be relocated to Zug, Switzerland. UPDATE – Incorporation in Estonia: Block Research OU – Registration Number: 14331108 – Tartu mnt 80, Kesklinna linnaosa, Tallinn, Harju maakond, 10112, Estonia.