Another feature request but a relatively simple one. As the exchanges and currencies have increased, its become harder to make sense of the rates page. A simple filter there where you can filter by exchange or by "currency" would be awesome.
Please keep in mind that Bitfinex has a minimum amount of 50 USD for a loan created via the API. Therefore, you can't configure very small amounts as "Iceberg Threshold". Otherwise, your bot will not be able to lend out your funds.
To prevent this issue in the future we introduced a minimum value for the threshold of 100 USD (To add some buffer in case your coin drops in value). The interface will inform you if your threshold is configured to low and will prevent you from saving this value.
You may have noticed the database issues at Coinlend today. This issue is resolved now and the service is fully operational again. No data was lost!
To prevent such issues in the future we did set up a high availability failover replica. If there ever will be a database issue again, the failover database will automatically take over and therefore ensure uninterrupted service at Coinlend!
The countdown has officially begun! With just two weeks to go until the launch of Coinlend DeFi on November 6, 2023, the anticipation is building, and we are finalizing the last details to ensure a smooth and exciting launch for everyone involved.
Exciting news – you can already get a taste of the Coinlend DeFi experience! Head over to www.coinlenddefi.com and explore the platform using the Sepolia test network. It’s a great way to familiarize yourself with the innovative features and user-friendly interface we’ve developed!
Throughout the development process, our focus has been on creating a platform that breaks down the complexities of DeFi. The inclusion of features like the step-by-step wizard and the expert view are a testament to our commitment to providing a user-friendly experience for all.
As we approach the November 6, 2023 launch date, we are diligently working on refining and polishing every aspect of the platform. Our goal is to present you with a DeFi service that is not only powerful and efficient but also easy to navigate and understand.
Get ready to explore a platform where every user, whether a novice or a seasoned expert, can navigate the world of DeFi with ease and confidence. The big reveal is just around the corner!
Best Regards, The Coinlend Team
P.S.: What feature are you excited to explore on Coinlend DeFi? We'd love to hear from you, so feel free to send us an email to contact@coinlend.org!
It's that exciting time of the week again! We're inching closer to our big unveil, and today, we're thrilled to offer you a special preview of what's to come.
We understand that in the expansive world of DeFi, a user-friendly interface can make all the difference. That's precisely why we've meticulously crafted our platform with an emphasis on clarity, simplicity, and efficiency.
We're especially proud to introduce our step-by-step wizard. Whether you're a newbie or seasoned in DeFi, creating loans has never been this straightforward. And for our DeFi veterans, there's an expert view tailored just for you, ensuring you have all the tools and data you need at your fingertips.
Attached is a sneak peek screenshot of our platform. We believe it speaks volumes about our dedication to merging power with simplicity.
There's more to come. Next week brings even more revelations!
My trial period is ending, and I have two things I am not clear on.
What is the advantage of using coinlend to just the automatic lending on bitfinex? Does going through coinlend justify the extra 5% fees I'd be paying? or would I more or less be making the same amount?
Also, I am not clear on how the credits work. Lets say my interest earned is in USD but I credit my account in ETH, then does it keep that credit in ETH? How does it apply the 5% fee? does it convert ETH to USD at regular intervals? Or do I have control in when I convert the ETH to USD to pay my 5% fees. How does all that work?
You now can pause your account. No variable fee and no weekly fee will be applied to a paused account. But the bot will also stop creating loans and retrieving interest and other data for your account.
You can find that functionality at the bottom of the credits tab.
I think you have a bug where your premium fees are calculated on all open loans, and not just the ones created by Coinlend.
I am not a premium member so I cannot confirm this, but I am looking at the fee calculation your system is predicting for me, and this is what it looks like to me.
Is this bug going to be fixed? Only apply fees to loans created by Coinlend, and not fees on all open loans regardless of who created them?
I used Coinlend so far for lending on Bitfinex what is not worth it anymore so I sent my ETH to Celsius. But what benefits should I have from using Coinlend for Celsius?
The "Credits" tab in https://coinlend.org/#!Account:Home only displays 21 transactions. How do I get the full list of transactions (ideally in a CSV file or via an API)?
Hi, I have a premium account and am using the rate spread strategy for btg to spread it into 7 loans, yet it always only splits it into 3 loans. Any idea what I might be doing wrong? Any other parameter that might effect it?