Post
Topic
Board Tokens (Altcoins)
Re: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Service Announced]
by
mithrim
on 30/11/2017, 15:45:41 UTC
I will hand $100, then what? To whom? To risky!

"you can earn up to 50% ROI monthly from lending PoSToken" that's what we said. you lend you tokens not fiat money.

Ok,  I can lend someone PoSToken. but why would he want to have them? To stake? Then it wouldn't be that smart of him to pay more interest than he can earn with staking and it wouldn't be smart of me to lend him my tokens if he pays less. Bottomline is: Who is paying the 50% and why should I borrow PoSToken in the first place?

A little bit more explanations would've been really appreciated. Problem is announcing the lending mechanism might be a great idea at first but if no detailed information follows, people get uncertain. And we all know what uncertainty does with a project's price in crypto.

I really hope that you guys have some more info for us in the next days and that you're aware of why things are happening as they do. Because A good idea, communicating this idea and decisiveness are all key factors that so many projects fail to recognize.

I'll hold my token and hope for the best.