The Pure Bank of Neoxian: daily contracts: 2019-01-13
The Bank of Neoxian shall loan the sum of 170 usd to winarobert. (winarobert[wolfGang Alpha]#0512 in discord, @wolfgang-alpha in whaleshares, @winarobert in Steem). He promises to repay 191 usd. He shall pay 63.66 usd per month until 191 usd is reached. The first payment shall be Feb. 13th, 2019.
The money amounts are in terms of USD, but are transacted in Steem, SBD, Wls, or other crypto. The website coinmarketcap.com shall be used to determine the prices for purposes of payment. The Rudex exchange shall be used to determine the price of Wls for purposes of repayment.
@winarobert shall offer up his whaleshares account @wolfgang-alpha for this loan.
@winarobert 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.
Owner key(s) will be returned upon successful completion of loan.
Note, the Bank will pay 170 usd to the Steem account of @winarobert.
Please sign below...
(pic from Whitney J. Fox Photography)
My Bank is very pure.
I agree to the terms
@neoxian,
Congratz for this contract as well! It's like a pure sugar year a pure bank!
Cheers~
I remember when I was a little kid, I would earn hundreds of dollars in interest at the community bank with a simple passbook savings account
Posted using Partiko iOS
How did you do that??
I had saved several thousand dollars as a kid and interest rates were extremely high back in the early 80s. I collected money instead of toys and candy. Lol
Posted using Partiko iOS
Lol, smart move!
This is a SWEET contract !! Good luck to both!
Sweet sweet deal in the bank of neoxian :D congratulations
The Bank Of @neoxian Is The Best bank We Can Trust On. Sweet.
Thank you for your continued support of SteemSilverGold
Hi @neoxian!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 7.352 which ranks you at #57 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 217 contributions, your post is ranked at #22.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Could you give me a 100k USD loan? I will convert them all to steems.
Haha very funny
Sure,
What sort of collateral do you have?