Re: ANN: ELIXIR (ELIX) Mobile Lending App Announced (ELIX On CoinExchange)
Hey I recently came across this project. I find it really interesting and would like to know more about it.
I've got a couple of questions, please don't be mad if they have already been answered in this thread.
1. I feel like the Roadmap is planned really tight. Is the Team big enough to follow it and deliver in time?
2. The only reason for a borrower not to pay back his loan is the "Optional ether collateral supplied by the borrower" (WP) what other incentive should a borrower have to not just take loans and run away with it (he could do this over and over if I am not mistaken)?
3. Are there any plans to connect this system with other branches (like margin trading) to incentivize people to even use it? I feel like, without this, people would just mine it through borrowing to themselves over and over, which would make ELIX kind of useless in the end.
4. is there a plan to release a more detailed WP?
Sorry again if these questions have already been adressed!
Greetings!
I think what about, that would not have deceived creditors, you need to provide valid documents, but I could be wrongI've got a couple of questions, please don't be mad if they have already been answered in this thread.
1. I feel like the Roadmap is planned really tight. Is the Team big enough to follow it and deliver in time?
2. The only reason for a borrower not to pay back his loan is the "Optional ether collateral supplied by the borrower" (WP) what other incentive should a borrower have to not just take loans and run away with it (he could do this over and over if I am not mistaken)?
3. Are there any plans to connect this system with other branches (like margin trading) to incentivize people to even use it? I feel like, without this, people would just mine it through borrowing to themselves over and over, which would make ELIX kind of useless in the end.
4. is there a plan to release a more detailed WP?
Sorry again if these questions have already been adressed!
Greetings!