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Hey CoinLoaners, be ready to meet a new asset on the platform. We’re listing DAI stablecoin so that you can earn up to 10.3% annual interest on your deposits. CoinLoan never stops extending its currency list, so make sure you’ve voted for your favorite asset to make it first in the line of planned listings.

And now it’s high time to present our newcomer.

What is DAI

Dai is a stable, decentralized ERC20 token on the Ethereum blockchain. It is also the key to the MakerDAO decentralized lending system.

When a loan is taken out on MakerDAO, DAI is created. It’s the currency users borrow and pay-back. MakerDAO’s algorithms automatically manage DAI’s price, so not a single person needs to be trusted to keep the currency steady. …

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Yesterday, CoinLoan’s Interest Account was successfully integrated by Raido Finance, our first corporate SaaS client. Here you can take a look at their brand new earning feature designed and developed in partnership with CoinLoan.

This is a significant shift for CoinLoan. We’ve been focused on becoming the best crypto-lending platform for our customers during the last three years. In this journey, we’ve learned lots of stuff about earning and borrowing, from workflow challenges to handling risks during market uncertainty.

We want to share our experience to benefit anyone in the crypto market, not just the users we work with directly. Software is the most scalable way to do this, so CoinLoan evolves from ‘services’ to ‘software + services.’ …

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A new coin means more opportunities for CoinLoaners! We’re delighted to announce a newcomer to our asset list. Please welcome Chainlink (LINK) in CoinLoan’s Interest Account & Instant Loans.

As always, we’ve ensured that we offer our users the best conditions on the market. We’ve set a 50% LTV for LINK loans that is, to our knowledge, the best available offer out on the board.

Chainlink (LINK) is an Ethereum token that powers the Chainlink decentralized network. This network allows smart contracts on Ethereum securely connect to the data sources and APIs they need to function.

LINK has proven to be one of the strongest movers in the cryptocurrency markets of recent years. Even though LINK takes a spot among the top ten cryptocurrencies listed on CoinMarketCap, it is still largely overlooked by crypto-lending players. …

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