What problem does this service solve?

ETHLend is a P2P lending platform that allows people to use their crytpocurrency assets as collateral to receive loans.

Sovryn aims to allow DeFi traders more opportunities to earn interest on their assets by leveraging Bitcoin's larger liquidity pool; as opposed to most DeFi solutions that are built on Ethereum.

LinkEye's decentralized database of credit data will enable more people to have access to credit and financing.

Token Stats

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Company Description

ETHLend is developing a decentralized lending network powered by the LEND token. It connects lenders and borrowers in an Ethereum-based lending platform that is more transparent and has lower fees.

Sovryn is a decentralized exchange and derivatives market. It is a permisionless and non-custodial platform for earning interest on Bitcoin and other Bitcoin based currencies. Sovryn is built on the Bitcoin sidechain RSK, and hopes to advance the decentralized finance space by leveraging the larger market cap and liquidity pool of the Bitcoin ecosystem. Traders can trade, borrow, and lend bitcoin, USDT and RSK’s dollar on chain (DOC) stablecoin.

LinkEye is creating a blockchain platform for a global credit alliance. Their goal is to create a decentralized database for credit data, based on Hyperledger, that will facilitate greater access to loans. The platform is powered by the Ethereum-based LET token.

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ETHLend vs Sovryn vs LinkEye

ETHLend

Sovryn

LinkEye