&The First Loan Quota White List Voting Activity Opened
Recently, “BCB Token Fund”, an offshore fund subordinate to BCB Wealth Management Limited, a world-famous investment company, has reached a strategic cooperation with DBLend decentralized lending platform. It will inject $8000000 loan assets into DBLend, of which $500000 will be injected as the first batch of DBLend lending assets.
At the same time, DBLend Dao has approved the proposal to open the “First DBLend Loan Quota White List Voting Activity” at 12:00 (UTC + 8) on October 27, 2020.
The DBL holder transfer DBL to the official designated voting address is regarded as the valid number of votes (1DBL = 1 vote). After voting, DBL will return the original route to the voting user’s address.
Official Designated Voting Address (ERC20):
Note: please identify the address of DBL smart contract for transaction, so as to avoid personal asset loss.
Description of Loan Limit :
DBL holders (identified by the transfer address) will obtain loan lines of different positions according to their DBL voting ranking and number of votes (the first batch of loan products amount to 500000 USDT) when DBLend platform launch.
User transfer his 350 DBL to the designated voting address. Before his DBL in, 12000 DBL have been transferred in the ETH block browser, which indicates that his voting ranking is 12001–12350. When the DBLend lending platform is launched, he will get the loan product limit of 14 days is (350 / 20000) * 100000 = 1750 (USDT)
User transfer his 350 DBL to the designated voting address. Before his DBL in, the ETH block browser shows that 9800 DBL have been transferred in, indicating that his voting ranking is 9801–10150. At this time, the ranking spans two gears. Therefore, when the DBLend lending platform is launched, the loan product quota obtained by user is:
-7 days product: (200 / 10000) * 50000 = 1000 (USDT)
-14 days product: (150 / 20000) * 100000 = 750 (USDT)
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