The Megacity Bank of Neoxian

The Bank of Neoxian shall loan the sum of 4000 usd to @anikys3reasure. She promises to repay 4400 usd in six months time.

Client shall repay using some major crypto the Bank accepts (including BTC, ETH, Hive)

Coingecko shall be used to determine prices.

Also, client agrees to cover any transaction fee cost.

@anikys3reasure shall offer up 5000 usd worth of Splinterlands cards as collateral. These
cards shall be held in bee.hold

Cards will be delegated back to client while loan is being paid back in good faith. Any SPS or Vouchers dropped shall be considered part of the collateral.

Collateral is returned upon successful completion of loan.

Volatility protection clause

FOR A PAYMENT MADE ON A SCHEDULED DAY
The Bank may opt to value the payment currency value at an average price 
over a 24 hour period.  

FOR A PAYMENT MADE OUTSIDE OF A SCHEDULED DAY
The Bank may opt to value the payment currency at any price the currency 
had during the last 3 days.

Prices are determined from a pre-agreed oracle.  
https://www.coingecko.com shall be used if nothing else is specified.

Please sign below...


(pic from CY_BORG kickstarter)



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12 comments

congrats! very nice deal for both parties indeed! very well structured.

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Way to go... I reblogged this... I mean, you go upvote me a bunch. The least I can do

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whoops nice one congrats Bee

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congrats bee on the successful loan

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It is good to see such news. It is like the community are supporting one another.

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This is great news. Hopefully @anikys3reasure will pay 4400 usd in six months and she will benefit a lot more from this.

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Quite interesting, learning more about neoxian

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