EOS Microloan logo

EOS Microloan

Total Users
55
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$4,479
Category
- No data available.
Blockchain
Conflux
Language
- No data available.
Official links
Social media

News

Richard Heart Detained in Istanbul Linked to Finnish Tax Investigation

Richard Heart, founder of HEX and PulseChain, has been detained by Turkish authorities in connection with a Finnish tax investigation.
user avatar

Jacob Williams

TD Cowen Increases Strive's Share Price Target Amid Bitcoin Holdings Surge

TD Cowen analysts raised Strive's share price target from 44 to 56 due to significant expansion of Bitcoin holdings to 35,595 BTC, noted in a research update on October 16.
user avatar

Zainab Kamara

Tether Invests in AI Infrastructure Startup AIsa

Tether has invested in AI infrastructure startup AIsa, contributing to its total funding of over $9 million to support autonomous AI applications.
user avatar

Son Min-ho

What is EOS Microloan?

EOS is built on speed and with the goal to reward its owners. We can all be owners of the EOS, and at every level imaginable. I will explain. We would all like to own a house that we can rent, but we know that it is costly, and very few people have those means. Imagine that all you have in your power is to purchase the door. EOS makes it possible to earn a dividend even if all you can afford is the door. EOS gives us the ability to rent our votes or rent the resources allotted to us by owning EOS tokens. This is also not the place for a detailed explanation of the process but it is important to be aware of it to fully understand the next section. EOSMicroloan is a tool everyone can possess to create a loan by the value they have in their possession or by the ability to finish a task. Credit card companies charge 3% plus for payments, banks for a check, postal carriers for stamps, etc. EOSMicroloan will charge 1% to give the right to every individual to create their own loans to whom they choose according to the terms they negotiate with their counterparty. Ah, we pay one percent that is the catch. The 1% comes from the originator of the loan. The borrower does not pay anything. Ah, there is always someone getting something of my work and my business. Yes, this, unfortunately, will not change but check this out! EOSMicroloan will then pass 0.5% percent to a smart contract. That is right 50% of the collected fees will be moved over to a smart contract called divmicrofund. This smart contract will distribute every 24 hours 50% of all income streams coming into the fund. This is where the MLT utility tokens come in. According to a schedule, every time there is a payment to a loan, the payer and the borrower each get the same amount of MLT tokens. These MLT tokens can then be staked and the participants receive according to the amount of MLT tokens a distribution payment in EOS every 24 hours. More activity over the last 24 hours, the bigger the dividend payment.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.