Well, I bought a bit as part of a buy-in-stages plan to "leg in" and HODL. Only a minnow's worth, but what the hey.
And what I bought, I've already lent out on Polo's Loan Market. The low offer is pretty durn high: 0.0397%. Must be a fair bit of eager short sellers.
And what I bought, I've already lent out on Polo's Loan Market. The low offer is pretty durn high: 0.0397%. Must be a fair bit of eager short sellers.
Is there a minimum of ETH you need to loan it?
I believe you can lend as little as 0.001 ETH at a time, at least that is the minimum amount you can offer on the BTC side, so I assume it is the same with ETH. With BTC it make more sense to lend in fractions, but with ETH fairly cheap compared to BTC it is not hard to have at least 1 ETH to lend out.
The minimums only apply to the initial offering you do manually, sometimes automatic renewals break this amount into smaller pieces so a auto renew can be even a smaller amount. This is one quirk of Poloniex, I have had a times several 1 satoshi BTC loans out due to the auto-renewal and of course you never will earn the interest on them since the minimum credit of course needs to be at least 1 satoshi.