The Bank of Neoxian - 2023-09-20
The Bank of Neoxian shall loan the sum of 9.22 Eth to @zaku.
Interest will accrue on this loan at 3% per month. If all goes as normal, the loan will be repaid in 3 months, which would be 9% interest. 3% interest works out to be 0.2766 eth per month. The absolute minimum interest paid shall be 3%.
The Bank shall pay to the address 0x647f9b1a4beff1a382c94e5ccac38c011d467f64
Client pays all transaction fee costs.
@zaku shall offer up the following collateral:
The Hive account of zaku
. This includes everything in this account, Splinterlands cards, land, the Powered up Hive.
The Hive account of bdvoter
.
@zaku also agrees to unlock his untamed summoners (a 5 day unlock) and he will send them to a holding account the Bank will create. These cards will be delegated back to @zaku.
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.
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.
Collateral is returned upon successful completion of loan.
Please sign below…
Posted using Neoxian City