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The Best What Is Lend Coin of 2023 – Reviewed and Top Rated

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FAQ:

Q: What do you need to know about the Lend coin?

A: What is LEND Coin? LEND (now called Aave) is a lending platform that operates on the Ethereum network and enables trustworthy, peer-to-peer loan contracts through the use of smart contracts. Digital assets are put into pools of liquidity developed for lending out to customers who want to earn interest on them.

Q: How many lend coins are there in the world?

A: The number of coins issued will be 1.299.999.942 LEND, the number of coins being mined is 1.086.132.884 LEND. You can see ETHLend rate Coins are updated in real time to keep track of their price movements.

Q: Are there any fees for lending with Ethlend?

A: ETHLend offers a zero fee lending if LEND token are used as the medium of lending. Similarly, if LEND tokens are pledged as a collateral there is a 50% reduction in fee compared to other tokens pledged. ETHLend also offers a Premium Feature which enables its Show more [+]

Q: How does Ethlend help democratize the lending process?

A: ETHLend is aiming to democratize the lending process, and remove power from traditional banks by offering, secure, peer-to-peer, lending smart contacts.

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