Community Vote for Stablecoins on ETHLend Starts Now!
As we saw, crypto market is characterised by volatility, which is scaring for the investors, make them skeptical, especially in today’s bear market, and could represent a huge entry barrier. This is the reason for the success of Stablecoins, which guarantee price stability having the good features of crypto in the same time: ease of transferability and cost-efficiency.
At Aave we believe that stablecoins represent the future of Blockchain Lending, and thus, with the next Baiji release we will be proud to include them in ETHLend dapp! Our ETHLend users will be able to get stablecoins using their cryptocurrencies (BTC, ETH and many other ERC20 tokens) as collaterals.
Now it is your turn to vote which stablecoins are best and which are the one you want to be included first!
You can check the rules below and don’t forget to let everyone know that the competition has started inviting them to vote!
Competition and Rules
You can participate in our competition by following us on twitter at @AaveAave.
- Voting starts on December 21st, 2018 at 18:00 GMT and ends on January 3d, 2019 at 15:00 GMT.
- The token that receives the greatest number of tweets will be added on ETHLend’s medium of exchange as first one.
- Each participant can vote for various tokens but can only vote one time per candidate.
- At the end of the competition, ETHLend will proceed to evaluate the votes and subsequently announce the winner.
The Nominees for Stablecoins on ETHLend are:
- USD Coin (USDC), vote here.
- DAI (DAI), vote here.
- True USD (TUSD), vote here.
- Paxos (PAX), vote here.
- Swiss Crypto Tokens (XCHF), vote here.
- Gemini Dollar (GUSD), vote here.
- Tether (USDT), vote here.
Note: We will verify tweets and discount manipulated votes. ETHLend reserves the right to change the rules at any time in order to improve the fairness of the competition, including revoking submissions suspected of manipulation.
Don’t forget to share and invite friends to join the competition. Good luck!
