Despite the substantial improvements in transaction speeds that dPOS blockchains like Hive and EOS provide, scaling decentralized applications to millions of users is still a major obstacle for dapp developers.

The DAPP Network is a solution that gives developers the ability to borrow resources from service providers to give their applications unlimited scalability. It is based on the DAPP token, which developers stake to DSPs (Dapp Service Providers), oftentimes Block Producers, in order to provide their application with additional resources such as VRAM and Oracle services. DAPP tokens can be purchased on the newdex decentralized exchange.

Chintai is a token leasing platform built atop of the EOS blockchain. It was originally designed to allow the leasing of EOS tokens themselves. However, it has since shifted focus to leasing a broader range of assets. They launched a DAPP token leasing market in June, providing developers with the option to borrow DAPP tokens from investors for a small fee, instead of having to purchase many at a high cost.

Until recently, the primary way investors earned interest on their DAPP tokens was by staking them to a DSP. With Chintai's new leasing market investors can now earn interest for both lending and staking at the same time. By lending the tokens into the pool, you are also in effect staking them to Chintai's DSP, thereby earning both forms of interest.

Chintai's DAPP leasing market operates similar to Bancor, in that you receive CDAPP tokens in exchange for lending your DAPP tokens. These CDAPP tokens represent your share of the DAPP pool and increase in value as more people borrow from it and pay interest fees. You can exchange your CDAPP tokens at any point for DAPP tokens by simply unlending them from the pool.

Lending Guide

In order to lend DAPP tokens, you will first need to purchase them on newdex using a wallet such as Scatter.

Existing Stakes

If you already have your DAPP staked to a DSP you will need to unstake it before proceeding.

On bloks.io, make sure you have signed in with Scatter, then go to More -> DSP Portal:

Under the "Stakes" tab, click the Unstake button and confirm the transaction. You will need to wait 24 hours before the DAPP tokens to become liquid, at which point you can lend them to the Chintai pool.

Lending To Chintai

Go to Chintai's exchange, and select "Pool" under MARKETS.

You will first need to deposit DAPP tokens to the contract before you can lend them out. Enter the number of tokens you want to deposit from your liquid balance:

Make sure that "Deposit" is highlighted, click the Submit Deposit button, and confirm the transaction.

Next, you will need to enter the number of tokens you wish to add to the lending pool:

After placing the order, you should see CDAPP tokens in your Open Balance. The number of CDAPP tokens will be slightly less than the amount of DAPP you lent, but will increase over time as more people borrow from the pool.

If you have any questions regarding Chintai lending platform, be sure to check out the group's Telegram channel.

Sources:

https://www.eoswriter.io/329_chintai-2-0-platform-and-the-chex-token.eos
https://medium.com/@ChintaiEOS/dapp-token-leasing-market-9532968d9433
https://liquidapps.io/
https://exchange.chintai.io/
https://chintai.io/