We may earn money or products from the companies mentioned in this post. This is not financial advice. We feature coins we like, but do your own research before you invest
Chintai is a new token leasing platform which allows you to lease your EOS tokens to other users who need more CPU or bandwidth on the EOS network. Chintai empowers EOS token holders by enabling the token holder to set the terms of the lease. These terms include interest rate and the duration of each token lease.
At the moment, the lease duration runs from 7 to 28 days. As more EOS Dapp developers create projects using the EOS network, the demand for EOS tokens and their corresponding CPU and bandwidth will increase.
Chintai solves the CPU problem for developers while creating income opportunities through leasing contracts for EOS token holders.
Chintai uses Scatter for login, but plans are in place to add additional wallets in the future.