Hello everyone
We are close to finalizing our WALE (Waves Lend) platform. Run by smart assets and smart contracts through Waves. We are creating a peer to peer lending platform powered by waves, our focus is to let people lend funds to companies and in turn receive interest as companies store waves in collatoral. More information about the exact functionality will be revealed later.
Soon the WALE token will launch on Waves DEX under the following conditions:
- USD and WAVES supported
- USD interest will be slightly higher due to stability of value
- 1:1 exchange ratio (this is for correct interest payment)
- Receive 1-3% interest / month (in WAVES)
- Receive 1-4% interest / month (in USD)
- Smart contract functionality will determine what % the lender is assigned.
- Deposit age minimum to withdraw = 30-60 days depending on amount to be refunded.
Example WALE functionality with 100 USD collateral:
- Buy 100 WALE = 100 USD
- Hold 100 WALE for minimum 1 month
- 1% up to 3% interest (depending on overall borrower payments)
- WALE holder receives 1 to 3 USD in wallet
Example WALE functionality with 100 WAVES collateral:
- Buy 100 WALE = 100 WAVES
- Hold 100 WALE for minimum 1 month
- 1% up to 3% interest (depending on overall borrower payments)
- WALE holder receives 1 to 3 WAVES in wallet
Roadmap (subject to few changes)
- Raise project awareness through social media
- Launch official website
- Launch WALE project on DEX
- Waves Keeper integration on website
- Launch WALE project on website
- Accept other currencies on the platform
Stay tuned here for more information!
We will keep you updated through this forum post, so check regularly.
Don’t ask for free airdrops because that’s not how this project works.
Our team is already actively informing for business inquiries so maybe there will be a few loans avaible at higher interest rates during the launch of the project.