" As i understand i can lend only with $$$ not with MAGE.. Im sure the price will in 69 days incrase 50% so selling MAGE now for lending in USD would be stupit by my opinion.. later even if i get 50% intrest and turn it again to MAGE i dont earn anything.. this lending program is stupid becouse i need to sell my coins for lending.. why didnt they make a option to lend MAGE not USD?! "
In fact, you will get about 15-30% with plan 1
https://image.prntscr.com/image/sZIwKLnvTjqIV4jEHllbBg.pngPrices are going down. Lending will increase USD or MAGE (if you want). They use MAGE as the Lending value, to increase the value for MAGE coins.
If they do not use MAGE, how much do you think MAGE will price?
you cant lend MAGE.. you need to convert it to USD.. and you get every day a payment in USD not in MAGE and then you convert again in MAGE.. you cant know what will be the rate for 69 days but for now is fixed to 3$ wich is 50% higher then market so its good.. so that mean you lend USD not MAGE.. there is a lot of things that are not understandable whit this lending program.. i buy MAGE at 1,5$ at Cryptopia and i sell it on lending program for 3$ + daily interest 0.30% + up to 50% interest.. i dont know.. i miss something because the ROI is just too high.. its something like BCC i know that is normal that the price of coin fall down in the begining of landing program.. but if the make payments this coin can easily incrase 100 times.. i dont think you can lose money becouse you can witdraw at any time.. you pay 50% witdrawal fee if you want to witdraw earlier but you get 50% bonus on exchange rate.. so i try it.. i have some MAGE coin so its sound better than only stake MAGE coins becouse stake rewards are small ..
