ETHLend (LEND)27,500-25,500 LEND = 1 ETH
LEND is an ERC-20 compatible token that is sold for token sale participants. ETHLend aims to attract future users of the decentralized application by selling LEND tokens that will provide 25% discount on deployment fees on ETHLend, when paying with LEND.
ETHLend wants to deliver a strong token to the market by introducing airdrops for rewarding lenders and borrowers. ETHLend uses part of the fees on ETHLend to purchase LEND from exchange and distribute the purchased LEND to lenders and borrowers. The aim is to increase user adoption and provide more value for the product and for the whole ETHLend project by acquiring an active user-base.
Our 24-month vesting plan for the developers supports the aim to deliver a strong token, whose total supply decreases as ETHLend becomes more popular.