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Cobalt Lending Services Protocol

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commonly asked question

Frequently Asked Questions

Our developers are working hard right now to ensure that we stay on track with the road map and have a projected launch date of Summer 2021. In the meantime Cobalt Lend will operate on the Ethereum blockchain with supporting Dapps.

Right now we suggest that you use an Ethereum based wallet like Metamask or MyEtherwallet for ERC20 Tokens. These wallets will support Cobalt (CBLT) Tokens until the official wallet is released on this website. PLEASE check back!

The official mobile wallet for Cobalt Lend is the MetaMask mobile wallet which can be downloaded here. The MetaMask wallet app extension supports IOS, Andriod and Firefox desktop browser extension. This is a third party application and carries such risk.

If you are using MetaMask and / MyEtherwallet.com please see video below from our pal Bitcoin for Beginners

How to use MetaMask & MyEtherwallet.com

Please see the Token Sale Page. The Dex is on track to launch before the end of 2020. There is also a planned Earn-Drop for 4th quarter 2020.

Right now we are only excepting pre-applications for the roles of Staker / Validators through our “Contact Us” page. A strong working knowledge of Linux based servers is reuired.

Although you do need to own Cobalt (CBLT) Tokens in order to participate in the ecosystem, you do not have to purchase them. There is already a planned Earn-Drop for 4th Quarter 2020, Please check the Earn-Drop page for more details.

That exact criteria will be laid out very soon on this site, so please check back. In the mean time click the “Get Loan” button at the bottom of the page.

250 million of the 1 Billion Total Supply of Cobalt Tokens are reserved for the Token Sale and Earn-Drop with another 200 million reserved for liquidity on the (3) main DEX’s at launch. The rest of the token supply is controlled by the Treasury and Foundation with the majority being locked until the Cobalt community vote unlocks them.

The Cobalt (CBLT) Token is an ERC20 Token that operates on the Ethereum blockchain and can not collect transaction fees for writing to the blockchain as Ethereum already collects these fees in the form of “gas fees”. When Cobalt Lend migrates to its’ own native blockchain, it will be able to institute a similar but capped fee structure to Ethereum which will ultimately support the treasury and community. This will incentivize wallet holders to accumulate more and more Cobalt (CBLT) Tokens to use for fees in writing to the blockchain executing contracts as well as fees for voting and submitting proposals

After the “Token Sale” Cobalt (CBLT) Tokens will be available for trading on multiple DEX’s and exchanges. Such as: Uniswap, Mooniswap, and Bancor. look for the addition of a “Mobile DEX / Wallet” Dapp coming soon.

Initially after the launch of the Token Sale, the Cobalt treasury and the Cobalt Foundation will each allocate 5% of their reserves towards stake pool distribution. This is approximately 10% of the total supply (100M Tokens) at a current value of $8.4M USD. More will be allocated as needed. Although the smart contracts for the liquidity pools have been created and executed, they have very little funding and will remain in that state until after the Token Sale to ensure no bad actors can trade against the Token Sale. Immediately following the close of the Token Sale, the Cobalt Lend Protocol will fund all necessary liquidity pools.

These wallet addresses belong to the Cobalt Lend Treasury, Foundation & Founders for various projects:

Wallet Addresses

1st wallet Cobalt Main Treasury wallet 214,999,998

Public Address

0xf106dDa2909F3E5a214C8C339052014Ec7ADf131

2nd wallet Treasury (Each Treasury address funded with 35,416,000 CBLT Tokens / Total of 424,992,000 / 9-22-20)
0x0f1a37Ec0de1312d874f3871AA0DeE85D1f32E69

3rd wallet Treasury
0x374d53317D6502526F4C0655B033A2F6FC4a1e06

4th wallet Treasury
0xb7D535c2E2Ca8c217a91Ed7869Fd75c2309Af7ED

5th wallet Treasury
0x81be2aA97Af8748dCC2E99b4f42AD8E841aACe04

6th wallet Treasury
0xf683A50F9BD5A6cDfF82f3fa6977502DBAb21cfE

7th wallet Treasury
0x4224169abDcd6d6D79353b8D769B5998Fc3Fa204

8th wallet Treasury
0xDD5B4deF1Aef6EAe3bd6cbe8ba272796613768fD

9th wallet Treasury
0xece6E751e941baF1FaA6E8158F3C2490e6527F2b

10th wallet Treasury
0x2ed57452DEC72DF447e86efB1308346e0bBa0506

11th wallet Treasury
0x7554e1d51838B386d1F7F36E960249Ad5841A3E7

12th wallet Treasury
0xd40ae688431433c0260EA648540e54d60B65Af29

13th wallet Treasury
0xB515eD43a8Bb66d0Cb9272c2A75015e735657793

14th wallet Foundation 56M Tokens
0x6c336fA1e79e239270F7BF577E648Fe17452492C

16th wallet Foundation 56M Tokens
0x4113823C2910EcE9FD0199da7e52E92294cE3dcF

17th wallet Foundation 56M Tokens
0x34991A848B7Ead1d8FBF00E58A2EC9886fC33cbe

18th wallet Foundation 56M Tokens
0x2E5e3A99fB8f7D17AEFEBc7C2cBaBEcEd353718b

19th wallet Airdrop 12.5M Tokens
0xf2c2135adc186420dB9Dc3Ce2add290135777527

20th wallet Airdrop 12,499,998 Tokens
0x27A53324220aB4Db5E5aC09bdc43b3f5bf63B1B2

21st wallet Airdrop 25M Tokens
0xb2447853eB5612bbCC68a6A857162174E277d0Be

22nd wallet Airdrop 3,008,007 Tokens
0x36dB496c784A336355D9C023E3dD9A15c5D4D030

23rd wallet TokeSale 2,499,995 Tokens
0xc539Bde0FBFbe4172ed7e10a8597b21d6eb4fa8b

24th wallet TokeSale 2.5M Tokens
0xA752D0e114a829C721D4cA1EbA79515c812916d1

25th wallet TokeSale 2.5M Tokens
0x2086891618D79bAf8A7741DF6dD6E7D65395aE68

26th wallet TokeSale 2.5M Tokens
0xfd5D0FA2Cd2D2E85ab2EB9401a9F86ABA69048C3

27th wallet TokeSale 2.5M Tokens
0x298d4D7967e0088ED3Aa5Bb13A630C80CD7eB59A

28th wallet TokeSale 2.5M Tokens
0xefF03B594a0a088C068ec4fa2eC5b9E8c79CA6E0

29th wallet TokeSale 2.5M Tokens
0xdf6476421CC2A2b44eC7CB7e087D7396BCdC1457

30th wallet TokeSale 2.5M Tokens
0x64a899652C02229b327E2BD3C6A310A7B46113Bd

Founders wallets (M) 1M Tokens each – LOCKED Until Nov 1, 2021
0x3aCe76839143b4E65492F89Df579a7555bD14a2B

Founder wallet (A) 1M Tokens
0x8705695F0DBC24E4c083aD69eb29DF62E19fAF26

Original Foundation Wallet ~60.7M

0x04054436a34055aFED575D2AE7d6555D05417562

 

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