XMax XMX to Aave LEND Exchange

Crypto Pair Details: XMX to LEND

XMax XMX

XMax is an all-in-one development ecosystem which makes it easier for entertainment industry developers to create DAPPs. We believe in the future of blockchain technology and know that by providing developers with a set of easy to use tools and the knowledge to use them we can share blockchain applications with a global user base. XMax is a blockchain and developer ecosystem for building decentralized games and entertainment DAPPs. Our blockchain supports game developers with a high TPS mainchain and integrated sidechains for transaction-intensive DAPPs. XMax Includes: Game & Entertainment DAPP SDK, APIs, Smart Contract and DAPP Templates, 3D Game Engine, Developer Docs & Education. With XMax developers can program complex DAPPs (Blockchain APPs) using WebX.js, a JavaScript type language which our team created to simplify blockchain programming. With WebX.js developers can focus more on creating great applications and less on blockchain infrastructure. Once a DAPP has been created, users will be able to easily download it from the XMX APP Store. We make this experience as simple as opening your phone. XMax is a decentralized ecosystem which allows DAPP developers to involve users in the design process and via Asset Tokens crowdfund the development of their projects. We believe the future of blockchain technology belongs to developers and users.

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.

SOURCE: COINGECKO

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