Aave LEND to Moss Coin MOC Exchange

Crypto Pair Details: LEND to MOC

Aave LEND

Aave is a decentralized lending platform that runs on Ethereum Network which offers secure, peer-to-peer lending Smart Contracts. Aave strives to break through the traditional bank loans system with a more efficient solution. Aave also uniquely allows a borrower and a lender to decide on important loan details that can eliminate the need of a middle man. Due to the elimination of middlemen, process fee for a loan does not exist on this platform. This provide convenience to any lender and borrower to create loans on their agreed terms. Decentralized lending has fixed many issues and one of the reasons why is the transparency of loan. The Ethereum network provides a transparent ledger where all transactions are available to be inspected. Secondly, it isn’t necessary to find a trusted loan provider because all collateral which is the digital asset for loans are stored and locked in a smart contract and broadcasted on the public ethereum blockchain. It is also flexible for borrower to manage the collateral by refilling or withdrawing part of it. Borrower may make such changes when the lender is notified and aware of such movement. If the lender finds out that the action is not communicated, the lender is allowed to initiate a margin call. This year, Aave has made a major upgrades in its Q1 2018. They have deployed the new development for their peer-to-peer lending application named Alpha 0.3. The development process of Alpha 0.3 has started since the early of 2017. The new release also includes a completely new user interface which targets to lower the learning curve of user experience on the app. Furthermore, the new user interface has new sections to make lending process simpler such as including a ‘My Loan’ section, collectible badges and more. Other than that, the team is also in the process of developing more updates for the smart contracts. Hence, the team has decided to provide zero-fee lending with the use of LEND token as a medium of exchange, as an alternative to borrowing in Ethereum. The purpose of this is to provide a cross-blockchain lending currency which will prompt users to use LEND as the medium of exchange.

Moss Coin MOC

MomoCash is an innovative cryptocurrency. A form of digital currency secured by cryptography and issued through a decentralized and advanced mining market. Based on Dash, it's an enhanced version, featuring the masternode technology with 50% Reward, near-instant and secure payments as well as anonymous transactions. Momo is an experimental new digital currency that enables anonymous, instant payments to anyone, anywhere in the world. Momo uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. MomoCash Core is the name of the open source software which enables the use of this currency. The emergence of blockchain-based decentralized digital currencies woke up hopes for the beginning of a better world. A world, where wealth is distributed fairly without control and influence of a powerful middleman. Although blockchain technology equipped us with a perfect tool to make this dream come true, it will not happen by itself. The concept of a socially responsible cryptocurrency inspired us to create Ultima - a platform designed to support endeavors of its community in various areas. The Ultima Multi-Module Platform (MMP) includes functionalities ranging from a digital marketplace to crowdfunding and charity components. By working together on noble causes we will regain the faith in cryptocurrencies.

SOURCE: COINGECKO

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