Quote from: avatar_kiyoshi on June 24, 2017, 07:12:19 PM

That's interesting, are you have something like whitepaper? I'm interested and would like to learn more and even contribute.

So, how if loaner receive a coin(has been loaned) that more than 0.1 ETH? It will very detrimental to lender, isn't?

Thanks for your interest, i'm actively working on the code itself, and will try to finalize a whitepaper when all of the systems are in place.

HYL tokens will be backed 1 to 1 by ETH, this means that every HYL token that exists will be backed 100% by ETH. That means if I send 0.45 ETH to the HYL contract, I will receive 0.45 HYL in return. If I choose to then borrow ETH, I can send my 0.45 HYL to the loan contract and can receive up to 2x(0.9) my deposit if i'm a trusted borrower.

If you have any other questions, let me know!