A: It is a method for lending an amount of cryptocurrency owned by the lender, receive compensation for that loan, and increase profit.
A: The first token sale will be open from 9:00 on January 10, 2018, until 24:00 on February 5, 2018. You can participate in it during this period by following the procedure at the link.
A: Token sales will be held in three stages. The first stage will offer the highest benefit. From 9:00 on January 10th to 24:00 (JST) on 19th January 19, 20% more LEND tokens will be added to all token purchasers. From 9:00 on January 20th to 24:00 (JST) on February 5th, 15% LEND more LEND tokens will be added to all token purchasers. Therefore, we strongly recommend purchasing tokens during the first stage of the sale.
A: The minimum amount of LEND tokens you can buy is 0.1 ETH. Please send your ETH from an ERC20 compliant Ethernet Wallet, such as MyEtherWallet or Metamask. (Note: DO NOT send funds from cryptocurrency exchanges. Your tokens will most likely be lost!). For details about how to purchas tokens,
A: LEND tokens are automatically distributed by smart contract to the wallets that were used to purchase the tokens. We are planning to distribute the tokens after the end of final token sale. We will be updating you by e-mail for an exact date of token distribution.
A: When you own tokens, 75% of the profits earned by Lender's Coin Co., Ltd. on its lending operations will be paid monthly, in proportion to the number of tokens you own. Shared profits will be paid in ETH (Ethereum) to the wallet that was used to purchase the tokens. The first profit distribution is scheduled for the end of April 2018.
A: Lending in cryptocurrency has a very shallow history because its technologies are new. Therefore, there are no special certifications or degrees required to be a professional cryptocurrency lender. However, we are consulting with those who have extensive experience in the financial industry and have achieved actual results by lending other cryptocurrencies.
A: We are developing our businesses in consultation with legal experts. There is a possibility that the scheme for our project will be changed somewhat in response to changes of the law in the future. However, we will expand our business while complying with all laws.