P2P Lending / NFT Lending Forum

Thanks. Will come back to this for sure! Want to focus on the SEO related stuff for the immediate future, the revenue generating aspect of names, but I think this is definitely worth exploring further.

Quote from: sean3.eth on August 25, 2023, 10:46:39 PMOk just added it so that it shows wEth now too and now I'm actually worried because when I click on names I've loaned against I can already see that meatballs.eth, whose loan is due in like 24 hours has 39 cents in eth and $0 in weth.

https://meatballs.eth.loan

Update: meatballs.eth defaulted. I foreclosed on the name since I had never experienced doing that before. It cost me like $6 to do. Although not having any eth was probably an indicator of this outcome, the borrower uses the name in their twitter, as their primary ens name where according to etherscan they are very active with crypto, and on even reddit. If he ends up coming back to me later about it, I'd probably sell it back to him just to be nice.

hmmmmmmmmmmmm.... noted. Thanks. Very helpful!

ughhhhhhhhhhhhhhhhhhhhhhhh

Ok just added it so that it shows wEth now too and now I'm actually worried because when I click on names I've loaned against I can already see that meatballs.eth, whose loan is due in like 24 hours has 39 cents in eth and $0 in weth.

https://meatballs.eth.loan

Quote from: KHY Lending on August 25, 2023, 07:37:09 PMhow come you don't show the amount of money the wallet owner has in it? If they have $1 or $1 million might be useful info, no?

I think I got caught up in the value of the name itself and not so much the credit worthiness of the borrower, but obviously most people would want to see that so I just added in that feature. It will first check to see if the wallet address connected to the name is the same address as the owner of the name and if so, display the eth balance. If the addresses don't match, it will tell you that and then only display the eth balance of the owner's address. This is important to distinguish because anyone can direct an ENS name to point at any address they want, but they can't fake the owner.

However, one thing I already have to address is that it only shows eth, not weth, whereas weth tends to be a primary currency that is used to pay loans so it really should be shown too

Maybe at some point that could be done.

Quote from: domainer on August 24, 2023, 10:32:59 AMMy take is not great but Sean have you considered adding another valuation metric below the Time Equity, which is SEO rankings and also revenue generating opportunity ? Even if speculative, could be fun, get people thinking?

Hmmm... since valuation might be tooooo speculative, maybe there is a way to come up with some kind of score that's still based on that stuff?

I saw a decent name on NFTfi (qualitycontrol.eth) that I offered a .07 eth loan to see what they would do. I think they had it up for sale for .1 eth and I figured he might take it. Loan is only for 7 days and they took the offer. But now when I click on it, I see Time Equity of $1 and an expiration date of 11/23/23 and now I am not so sure it was a good idea. While almost everyone I talk to is convinced that everything is about market price, this borrower  effectively had only $1 of value left on what he had actually paid for to register it. The loan he got was for $115. In a way, he spent $5, used of $4 of the value and then parlayed the last $1 into a $115 loan. It makes me think that Time Equity is probably worth looking at even though others will disagree.

Before the homepage was showing only a few ENS listings, if any, from NFTfi because of how their public api was set up but we got approved into their closed beta api and it should show the most recent 20 ENS listings every time now. Below that will be similar from Teller. Hoping to make other improvements. I don't want to turn into an aggregator site and be like everyone else but I think this is helpful.

There's a lot of names in the lower half of that list that are like nonsensical, not names, not words, just gibberish. Who would have loaned against such names?

Quote from: edENS on August 22, 2023, 09:59:30 PMWhich of these loans were the biggest?

As far as I can tell it was the fake 3 digit ones where the 1s were really Ls. Look like they got loans for 18 eth each.

9l4.eth.loan
4l7.eth.loan
2l4.eth.loan

I think about 8% of their loan business is still peer-to-peer. https://debanked.com/2023/05/prosper-originates-631-9m-in-q1/

I just tried logging into my old account and it still works. $0 in it though.

ohhhhh. yeah it's supposed to be a visual representation of how much time the name has left until expiration. So if you don't notice the text or you get distracted by the time equity dollar amount, the bar will alert you to the actual time until expiration. I just threw it in there.

huh?