The Bank of Neoxian - 2023-09-20

in #hive-177682last year

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

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This is massive. Thanks for all you do neo sir.

May this loan turn out well for everyone and especially for my friend @zaku who can complete his tasks as soon as possible. We don't know when we might need it and The Bank of Neoxian is there to support us when we need it most.

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0x9Ec9d15CB292423cF88465A2E5af066469CC9e71
We are going to use this eth address for Zaku, please confirm.

All good 👍

This is a great deal 🤝

Congrats on your loan zaku sama. Thank you for all you do Neo Sir.

It's great to have support when you need it, that's great.

loan of the dragons, best of luck and I wish you success in what you are using it for zaku

Wow, there is still a lot of potential here that I don't know about, I'm amazed.

Congratulations to @zaku on getting the loan

Wow, this look a massive loan. All the best to both parties.

Wow..this is a huge loan

All the best @zaku

Me "bank of frog" is a mere little frog. Great to see the bank still active as I thought I had read that it was not a while back.

Why such a high rate of interest?

Because I don't work for free.

I hope the contract is been duly executed and both parties fulfill their obligation. I wish you good luck Zaku..

Let it be known that Zaku did indeed pay his loan off.

Posted using Neoxian City