8lends Official

He found a bug on our platform. What should we do?

Not long ago, we received a message from one of our users. He reviewed our smart contract on Base and discovered a vulnerability:

The issue allows an attacker to repeatedly extract funds that have already been paid out to investors through the secondary market, without any admin keys or flash loans.

On top of that, he shared a full technical report and the exploit code with us, which helped our developers fix the vulnerability.

🤩 We admit that our platform isn't perfect, and bugs may appear when we add new features and functionality to 8lends. Our developers are professionals, but even Google, Facebook, Microsoft, Apple, Netflix, Tesla, and other major companies have bugs and bug bounty programs.

So, no one is completely safe from such bugs. But every serious company is ready to fix them and reward the people who find them.

🤩 That's why we're launching our own Bug Bounty Program.

The reward will depend on the complexity and severity of the bug.

🗯️ If you find one, send it to our email: support@8lends.io

WE CREATE A CRYPTO WALLET FOR YOU!

From now on, if you sign up for 8lends without connecting a wallet, you can create one through Privy.

If you choose this option, the wallet is created for you automatically 🤩

🔘 With a Privy wallet, you only need USDC. You don't need anything extra to pay gas fees.

⚖️ We cover the gas fees for you.

🔘 You can top it up like any other wallet — either from a crypto exchange or another wallet.

🔘 We don't store your seed phrase. Privy does. Privy has the licenses and certifications required to operate securely. You can learn more on their official website.

🤩 This is available to all users who sign in with email, Google, or Maclear instead of connecting a wallet.

So, if you haven't signed up for 8lends yet, you can now do it without wasting time setting up a crypto wallet first.

🔋 Can't find the answer to your question on Google?

Yes, Google can answer a lot of things. But sometimes we have a very specific question that Google can't answer. And that's when we start looking for a professional who can help us find the answer.

🤩 That's why we decided to dedicate 20 minutes to you and your concerns.

Our manager is ready to have a light conversation about everything that's been bothering you personally when it comes to investing.

In 20 minutes, you'll cover:

🔘 what type of investor you are and how it affects your decisions
🔘 what investment terms suit you best
🔘 whether 8lends fits your goals (our manager will be honest about it)
🔘 which projects are available right now and which ones may fit your goals best

🗯️ DM our manager, and he'll help you figure everything out.

Tax administration: We see your crypto income 👀

Blockchain is public. Starting in 2026, the DAC8 directive requires crypto exchanges to share user transaction data with tax authorities.

🤩 So if you're using centralized exchanges, there's a good chance tax authorities already know about a significant part of your crypto transactions.

But keeping your crypto taxes organized isn't that difficult, especially if you use the right tool for it.

🤩 We recommend Blockpit. It supports the tax laws of over 100 countries and integrates directly with the Base blockchain—the very network that powers 8lends.

How to try it out?

🔘 Register on blockpit.io
🔘 Click "+ Integration" → select Base from the list
🔘 Enter your wallet address — Blockpit automatically pulls in all transactions
🔘 The system automatically classifies each transaction: interest income, token sales, gas fees
🔘 Generate a ready-to-file tax report compliant with your country's laws — in PDF format, ready for submission

Importing and reviewing your data is free. You only pay if you decide to generate the final report.

❗️ Important: Interest earned on loans through 8lends is generally treated as taxable income in many countries. Tax rules vary by jurisdiction, but Blockpit automatically calculates and categorizes transactions based on local requirements.

How do you handle crypto taxes in your country?

Leave 💜 if you'd give Blockpit a try!

🤩 Complete Maclear's free crypto courses and receive USDC!

Wisdom is not a product of schooling but of the lifelong attempt to acquire it. — Albert Einstein

No matter how much you know about something, there's always room to grow!

That's why Maclear AG gives you the opportunity to learn more about crypto and earn some USDC along the way. Just by completing the course, you can receive:

🔘 15 USDC if you received the Welcome Bonus
🔘 45 USDC if you didn't receive the Welcome Bonus

There are currently two parts of the crypto course available, and they'll be useful for both experienced crypto investors and complete beginners.

If you'd like to learn more, read the official post from Maclear AG.

🤩 Click here to start the course.

🤩 We've burned 69,537,916 $8LNDS so far

🔷 Verify on BaseScan

At the same time, the total supply remains capped at 100,000,000 $8LNDS, and it will never exceed that amount.

Let's break down how it works 🤩

🔘 You receive $8LNDS through the Proof of Loan (PoL) program.

🔘 If you sell your tokens, the Reward System buys them back and burns them permanently, reducing the circulating supply.

🔘 When new rewards need to be distributed, the protocol mints only the number of tokens required to keep the system running within the 100M cap.

So, the goal of the mint-and-burn mechanism is to maintain a balance while keeping the total supply capped at 100,000,000 $8LNDS.

📈 When demand is high ▶️ the protocol can mint additional tokens for rewards, as long as the total supply remains below the 100M cap.

📉 When selling is heavy ▶️ tokens are burned, reducing the circulating supply.

This helps balance the ecosystem while keeping the maximum supply fixed.

So, how do you feel after this information? Are you holding or selling? 🤩

❗️ Beware of scams!

Recently, fraudsters have been actively copying our social media accounts and Telegram chats. This means two things: our platform is worth copying (good), but there's also a risk that people could lose money to scammers (bad).

So, we've put together the most important tips to help protect you from scams on Telegram and beyond.

Key rules to remember 🤩

🔘 We will never add you to our investor chat ourselves. You can only join it through our official link. If someone adds you to a Maclear or 8lends investor chat, leave immediately and report it.

🔘 We will never message or call you first. If someone claims to be from support and contacts you out of the blue, it's a scam.

🔘 Always verify the identity of anyone you communicate with. If someone reaches out to you, don't hesitate to ask for proof.

🤩 Our only official Telegram channels are: @eightlends, @eightlends_chat

Our only official supports:

✨ @daniel_8lends
✨ @ceviz1389
✨ @henry_8lends

www.youtube.com/watch?v=LxoB-ldR-Jo

YOU NEVER THOUGHT ABOUT IT.

But you certainly felt it somehow.

Because this part of our lives affects everything, from our mood to our success, trades, and investments.

Let's talk about it 🤩

https://www.youtube.com/watch?v=7X3Rg613WoE

💎 As promised, we're attaching a presentation with all our achievements from the past month.

This is a new type of monthly report for us, and we hope you'll like it.

🤩 If you do, please leave a reaction or a comment under this post.

Thank you!

15 months of 8lends! 🤩

Another month another reason to talk about numbers instead of words 🤩

From May 1 to May 31:

🔘 Raised this month: $2,076,897
🔘 Total investors: 1944
🔘 Funded loans: $14,126,650
🔘 Loans repaid: $4,854,417

We're growing faster every month, and that's all thanks to you! +201 new investors, +$2M in funds raised, and +$1.3M returned to investors already using the platform.

The 8lends team continues to do its job: selecting strong projects, monitoring every deal, and maintaining high standards for the quality of the pool.

💎 We've prepared our first-ever detailed report for May, featuring all the data, figures, and key metrics. We haven't tried such a detailed format before, but from now on, this will be the new standard. We've been working on your requests, among other things.

We'll send you the report tomorrow (it's almost finished).

🤩 In the meantime, please leave a reaction and show your support — it motivates us to keep making the platform better!

YOU CAN FINALLY INVEST WITHOUT KYC!

A lot of our investors asked for this, and we’re delivering!

The limit is up to 500 USDC

Important: we verify whether your crypto is clean and legal.

If the funds are connected to black market activity or other dirty schemes, your USDC will be returned and the investment will be rejected.

If everything is clean, you’ll be able to invest with no issues.

🤩 Come and try it

🥇 Why did we create our own liquidity pool for $8LNDS?

When launching a token on a DEX, there are several interesting ways to approach liquidity.

We decided to create the liquidity pool ourselves. Here's why 🤩

🔘 By providing significant liquidity from the start, we reduced slippage. Because of this, it's much harder to move the price with a single trade.

🔘 Investors who receive $8LNDS through Proof of Loan (PoL) should be able to trade immediately. They shouldn't have to wait weeks for someone else to create a pool. That's a key requirement for real utility.

🔘 The team invested its own capital and accepted the same market risks as investors. So, we're in the same boat as you.

🔘 A real market price can only exist with real liquidity. Without a liquidity pool, $8LNDS would remain an abstract unit of account, which would undermine the purpose of PoL and the entire rewards system.

Uniswap, Aave, Curve, and Maple all provided initial liquidity for their native tokens. This is a foundational standard for a viable Web3 project.

🤩 $8LNDS contract on Base: 0x55f9c8992fc4abce5aca585bf8f18284a2379d4c
🤩 Pool on Uniswap: 0x241De8C5B58830B8046830b05031786795d5Cba8

All transactions are transparent. Check them on basescan.org.

Our mind doesn’t make financial decisions, but our brain does.

We’ve all been in stressful situations where we understood exactly what to do, but still did the opposite.

For example, if you’ve ever traded crypto or stocks, you probably know how hard it is to exit a position when you clearly see the price moving against you.

You see the loss. You know you should sell to save the rest of your money. But you just can’t do it.

Why does this happen? 🤩

🔘 Loss > profit

Kahneman and Tversky found out that people experience losses 2-2.5 times more intensely than similar profits. That’s why selling at a loss feels so painful. Emotionally, the brain treats losses much more seriously than potential gains.

🔘 FOMO

Around 68% of crypto investment decisions are made under the influence of FOMO and predictions on X/Twitter.

That’s one of the main reasons why so many people lose money in this market every day.

🔘 You look for confirmation

This is called confirmation bias.

The brain naturally notices information that supports the decision we’ve already made. For example, if someone buys a token, they’ll focus mostly on bullish opinions and ignore bearish ones.

How to train your financial awareness

✅ The 24-hour rule

Any unplanned financial decision should be postponed for 24 hours. During this time, emotion loses its power, so you can see things more clearly.

✅ Financial diary

Write down not only what you bought or sold, but also why you did it. After a month or two, you’ll begin to understand your behavior and decision-making patterns much better.

✅ Three questions

Before buying anything, ask yourself:

• Am I acting out of fear or calculation?
• What will change in a year if I don’t do this?
• Do I genuinely want this, or do I feel pressured to buy it?

✅ Take breaks from social media

News channels and crypto chats are designed to make us feel a certain way. The less you consume, the better you understand what you actually want.

🤩 By the way, you can also try completing our Winter Marathon with 8 steps inside it. This will help you make better financial decisions.

🔈 Our first YouTube stream with CryptoSavingExpert!

📢 Today at 18:00 CET

We’ll be discussing Web3, DeFi, P2P and P2B lending, investing, and how finance changes during times of crisis!

😉 “Chaos is a ladder,” they say.

Smart money understands this very well, and often makes the most money when everyone else is panicking. But how exactly?

We're breaking it down today on YouTube. Come and join us! 🤩

www.youtube.com/live/3pWqBMo_bhY

Everything you need to know about KYC 🛡

Not everyone loves this process, but it’s necessary for 8lends to operate as a legal and regulated platform.

Without KYC, we’d be operating in a “grey zone,” similar to platforms like Pumpfun, where users can launch and trade tokens without verification. And that often leads to:

❗️ Wash trading
❗️ Scam launching
❗️ Daily user losses, and more

We never wanted to become that kind of platform. That’s why we chose to operate transparently with a clear and simple KYC process.

And do you know who helps us make verification as smooth as it is?

🔗 Sumsub

They’re trusted by major brands like ByBit, Duolingo, Gate, Toyota, Hyundai, and many others. By 2021, they were already serving 600+ companies worldwide, growing 4x year over year! Today, verification rates reach 95% in the UK, with onboarding taking less than 50 seconds.

Thanks to this, we can provide transparent, regulated, and reliable investment solutions designed to help you build a stable source of passive income.

🤩 Thanks to KYC, you can sleep better and worry less about your money.

What Do AAA to D Credit Ratings Mean? 🚩

Our main goal is to make your investments as safe as possible, so we never list businesses that won’t be able to repay you.

But even a profitable business with a clean audit can suddenly default. Strong cash flow management, transparent accounting, a diversified customer base, and conservative management are all difficult processes that must be monitored carefully.

That’s why, even though we carefully audit every business, we never ignore the possibility of default.

Every business on our platform receives a risk rating ranging from D (higher risk) to AAA (lower risk).

Here’s what we analyze before assigning a grade:

🔘 Financial Risk: total liabilities / TNW, funded debt / EBIT, and debt / equity

🔘 Qualitative Risk: business score, management score, and industry score

🔘 Coverage & Liquidity: debt service coverage ratio (DSCR), EBIT / interest, and current ratio

Every investment involves risk, and unlike 99% of crypto projects, we keep those risks transparent.

💎 If you want to dive deeper into how we assess businesses, read this article.

Tom Corley studied the rich and poor for five years, and the results will surprise you.

American financier Tom Corley, CPA and CFP, spent five years studying the daily habits of 233 wealthy people (177 of whom built their fortunes from scratch) and 128 people living in poverty.

👇 Here’s what he found out (the 2nd point is especially interesting):

🔘 How long does it take to become rich?

Corley identified two main paths. Those who saved and invested while working as employees reached an average net worth of $3.3 million in 32 years. Entrepreneurs who reinvested profits back into their businesses reached $7.4 million in 12 years.

🔘 Where do they spend their free time?

88% of millionaires spend at least 30 minutes daily on self-education, such as personal development or industry-specific books.

77% of low-income people spend more than an hour a day watching TV, scrolling social media, and consuming other forms of entertainment.

From a one-year perspective, that’s 180 hours of education versus 365 hours of entertainment. Now imagine the gap after 10 years.

🔘 Goals and immediate action

80% of millionaires set specific long-term goals and work toward them daily.

Corley identified a common trait among successful entrepreneurs: a “do it now” mindset. They don’t constantly postpone things. They take small steps toward big goals every single day.

🔘 Mentorship

93% of millionaires who had mentors attributed a significant part of their success to them.

✅ As a result, Corley came to this conclusion:

Wealth is built through daily decisions that most people refuse to make.

Reinvest instead of withdrawing. Learn instead of endlessly scrolling. Start building a skill or a business today. No desire? That’s exactly why it works, and exactly why so few people stay consistent for years.

How many years does it take to achieve your own goals?

🤩 This man created $2 trillion and disappeared!

You sure know his name if you're into crypto — Satoshi Nakamoto! Or wait a minute... are you sure his name is Satoshi?

And his name might not be the biggest secret out there. There's something more.

We might witness one of the largest securities law violations in the whole history!

📱 Click to watch our new episode on YouTube

Why did 8lends choose USDC?

We've received this question a couple of times already, and it seems like many of you are genuinely interested in it. So, there's nothing really extraordinary about this choice 🤩

We know about EURC (a euro stablecoin from Circle), but we don't want to rush to add it to 8lends.

💲 USDC market cap is $76.87B, the volume is $13.21B. This stablecoin has survived several bear markets, crises, regulatory scrutiny, and has been operational since 2018.

🪙 EURC market cap is $451.24M, the volume is $46.16M. This stablecoin is still young and was launched only in 2022.

Yes, we agree that EURC has been doing really well so far. But we work with real money – your money – so we prefer safe plays. When it comes to 8lends, there's no room for experiments.

❗️ "But wait a minute. I'm from Europe, and I want Euro!"

We understand that. But before we answer, let's take a look at other numbers:

USDC is pegged 1:1 to the dollar, right? The euro and dollar have historically traded in a range of 1.05–1.15. The EUR/USD pair has experienced volatility of approximately 7–8% over the past year.

With a 20% annual yield, currency risk exists, but it's not critical over a one-year horizon. The yield outweighs the exchange rate difference even in a bad case.

🤔 So, are we planning to add EURC later?

Not yet. We're watching EURC closely, and even some other euro stablecoins. But we're only thinking of actually adding them to the platform when they grow big enough and prove themselves as reliable as USDC.

So we chose USDC because it is the most reliable choice among all stablecoins so far.

Don’t tell anyone what’s coming 🤫

We hope investing on 8lends already feels great! Because we're doing a lot to ensure that.

On top of that, we never stop building, so we've prepared some notes on what's coming soon. Let's look at that!

🔘 Secondary market

Right now, investments are locked until the loan term ends. We're well aware of this issue and are currently working on it.
The secondary market is a powerful tool that allows you to exit a position early by selling it to another user.

🔘 Crypto-backed loans

Today, we focus on funding real businesses. But in the future, we plan to launch crypto-backed loans for regular users.

You spot a market opportunity but don’t want to sell your current holdings. Instead of exiting your positions, you’ll be able to use your crypto as collateral and take a loan.

Would you use something like this? 😉

🔘 UX/UI fixes

We’re currently polishing the platform experience by improving the navigation across the platform and fixing some minor issues.

🔘 The first investment without KYC

One of the biggest onboarding barriers for new users is KYC.

That’s why we’re working on the possibility of allowing a first small investment before verification, so everyone will be able to see what's beneath the surface before diving in.

What do you think about these updates? 🤔

And what else would you like to see on 8lends that could improve your experience even further?