The Karmic Bank of Neoxian: daily contracts: 2019-05-08steemCreated with Sketch.

in #bank5 years ago (edited)

This post contains two contracts.


The Bank of Neoxian shall loan the sum of 840 steem to @saracampero. She promises to repay 924 steem via automated powerdowns to the Bank. These powerdowns shall be set up shortly after the loan starts.

Note, the Bank shall pay 840 steem - 474.836 steem = 365.164 steem to @saracampero, which will close out the previous loan.

The Bank retains the Steem account of @saracampero and shall return it when this loan is complete.

@saracampero 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, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
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 100 usd to @gamsam. He promises to repay 105 usd in two weeks or 110 usd in four weeks time.

The money amounts are in terms of USD, but are transacted in Steem, SBD, or other crypto. The website coinmarketcap.com shall be used to determine the prices for purposes of payment.

@gamsam 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, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
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 https://studybreaks.com)

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Ok friend, Acepto. Thanks for your support

I accept

Posted using Partiko Android

@neoxian,
Congratz for all two contracts! Only BoN can do that type of high liquidity financial management!

Cheers~

Great contract! You're the future. Good luck on your gaming. I'm really excited for you. Sounds like an opportunity of a lifetime. I wonder why steem never had that function...

Posted using Partiko Android

Good Returns for users of the Bank of @neoxian

It's a big contract, you're the best.

Very helpfull program...

Hi @neoxian!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.335 which ranks you at #215 across all Steem accounts.
Your rank has dropped 1 places in the last three days (old rank 214).

In our last Algorithmic Curation Round, consisting of 216 contributions, your post is ranked at #58.

Evaluation of your UA score:
  • You've built up a nice network.
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  • You have already shown user engagement, try to improve it further.

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Thank you much for the support!

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