ETHLend vs Venus Token vs Ripio Credit Network
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. | Venus is a decentralized lending marketplace that algorithmically connects lenders and borrowers. | RCN is a peer-to-peer credit network based on a blockchain protocol with cosigned smart contracts. Its goal is to bring lenders and borrowers together and in a global credit network. |
Token Stats
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. | The Venus token enables the Venus Protocol; an algorithmic-based money market system designed to bring a complete DeFi lending and credit system onto the Binance blockchain. The Venus token (XVS) is designed to be a fair launch cryptocurrency, without any designated allocations to a founding team. XVS tokens can only be earned by contributing liquidity to the protocol. Venus allows users to deposit collateral to the network that can then be borrowed by other users that are required to place tokens as collateral. This creates a secure lending environment with the lender receiving an interest payment that is distributed per block, and the borrower paying an interest on the cryptocurrency they borrowed. | Ripio Credit Network is a blockchain protocol for the lending industry. RCN connects lenders and borrowers anywhere in the world, and facilitates loans in any currency. RCN's goal is to lower fees and costs with a decentralized tokenized lending process, but maintaining an intermediary agent in order to manage the credit risks involved in lending and to handle certain aspects of debt collection. The network is powered by the RCN token. |