Any updates from the dev yet? Is there a timeline on when we can expect this coin to start being used for lending?
Building the codebase for the lending service is underway. The codebase will be large, therefore it will take time.
The roadmap states a timeline of "at least several months." Sometime after that period, the system will go online.
I have designed and prototyped a good way to match an arbitrary number of lenders with a single borrower. More details will be revealed at a later time.