The Electric Boogaloo Bank of Neoxian: daily contracts: 2018-11-01

in #bank5 years ago (edited)

This post contains two contracts.


The Bank of Neoxian shall loan the sum of 330 steem to @boyasyie. He promises to repay 360 steem in one month.

The Bank retains the Owner key of @boyasyie and shall return it when this loan is complete.

@boyasyie shall hereafter be known as the lendee…
The lendee agrees that if the Bank decides to change the active key(s) and keep them private, this does not constitute of breach of contract.
Lendee also consents to Bank changing the trustee if the Bank so chooses.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the owed value.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.


The Bank of Neoxian shall loan the sum of 120 steem to @ijoel. He promises to repay 135 steem in one month.

@ijoel shall hereafter be known as the lendee…
To insure payment of this loan, the lendee promises to hand over their Owner key(s) to the bank. The bank will give back new active and posting keys to the lendee. The lendee affirms that the owner key(s) are given voluntarily and their account(s) are not stolen. They promise not to initiate the Stolen account recovery procedure.
The lendee agrees that if the Bank decides to change the active key(s) and keep them private, this does not constitute of breach of contract.
Lendee also consents to Bank changing the trustee if the Bank so chooses.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the owed value.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.
Owner key(s) will be returned upon successful completion of loan.


Please sign below..


(pic from Electric Boogaloo soundtrack)

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I agree, sir

Signed

@neoxian,
In a single day 450 STEEM lend as loans! Congratz for both contracts and wish success at the end!

Cheers~

The bank is unstoppable always working 24/7 congratulations keep reaching new highs :D

*Every active citizen is changing to Boogaloo. Perhaps that's the side effect of this contracts. 😆

Sir
You are very kind and good.
Steemit is lucky to have a witness like you. I feel very lucky by getting your affection.i hope you will help all like this forever.thank you @neoxian
Thank you

Posted using Partiko Android

Oh yes the El Boogaloo Bank yeah
By the way, the loan is great

I remember winning this name "Boogaloo" lol

Posted using Partiko Android

You are the boogaloo...

I recently stumbled across this page is there anyone that can help me understand what is going on here?

I'm lending money to people.

do people give you money to lend and earn interest on it or is it all you personal funds?

Is there a minimum for a deposit of SBD/Steem? And what will the interest be?

Posted using Partiko iOS

25 steem or SBD, the account earns 6.25% APR.

My dear friend neoxian how are you? excellent contract, congratulations make a contract with the neoxian bank is a successful business, greetings!

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