The Scrooge McDuck's Bank of Neoxian: daily contracts: 2019-01-12
The Bank of Neoxian shall loan the sum of 290 usd to dhayor. (dhayor#9156 in discord, @dhayor in whaleshares, @dhayor in Steem). She promises to repay 333 usd. She shall pay 55.5 usd per month until 333 usd is reached. The first payment shall be Feb. 12th, 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.
@dhayor shall offer up her whaleshares account @dhayor for this loan.
@dhayor 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 290 usd to the Steem account of @dhayor.
Please sign below...
(gif is from the Disney cartoon)
I agree
@neoxian,
Congratz and it's good to see you are make more deals from WLS account holders!
Cheers~
Keep up the great work @neoxian
McDuck!! Almost McDonald or McNugget! Just love to see these wonderful names if your contracts!!
Very entertaining! I do hope I don’t have to ask for your expertise!!
Posted using Partiko iOS
Great post and great idea!!! @neoxian There is no reason we can not start lending to each other on this platform, if you don't pay your bill/debt every one will know and it would effect your future borrowing ability. Just like a credit score, but fairer due to the fact your lending and borrowing history is open for everyone to see and you can not hide it. I hope this takes off and we the steem community can transfer our energy among each other for the benefit of all of you.
Thanks for sharing your vision and may the whales move in unison on this idea
Congratilation
👍💖💪🙌🙏😍💯
Cheers & Much Love @neoxian
Posted using Partiko Android
And I a witness shall sit in darkness, and forever wish I had a boat load of Steem. Way to bank it
Posted using Partiko iOS
Thank you for your continued support of SteemSilverGold
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