The Bank of Neoxian shall loan the sum of 1750 steem to @jk6276. He promises to repay 2000 steem. He shall pay via automated powerdowns to the Bank. These powerdowns shall be started in five days.
@jk6276 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.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.
Owner key(s) will be returned upon successful completion of loan.
Please sign below..
(pic from The Strange Rpg by Monte Cook games)
My Bank is very strange...
I agree to the contract and sign.
Thank you @neoxian
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Congrats & Good luck with the bank deal.
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Thank you, some time this week I'll make a big post about why I have done this.
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@neoxian,
Congratz for the contract, yeah no other bank can manage this type of cash flow on a blockchain environment!
Cheers~
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🤑🤑 making money man. 👍
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thanks for your hard work and daily support sir
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@neoxian should do a partnership with @likwid reward liquifier which already allows people to set them as 100% benefactor reward on steempeak and get their 100% liquid rewards in 7 days instead of waiting 13 weeks for a power down, only 1.5% fee, AND you can use it with a bid bot like @booster and then use neoxian to cash out any remaining SP you have :D
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Another Great Loan by the Best Bank on Palnet. Good Job @neoxian.....
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Strange but the best of the best deal is here ... congratulations
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Good job n very helpfull and inspiritive.... Succes always for you brother @neoxian
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@neoxian, Great to know that your Bank Is Strange. After watching that picture i want to say that your bank is Dimensional Bank.
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Hi @neoxian!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.327 which ranks you at #231 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 144 contributions, your post is ranked at #32.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
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what is the interest charged on a bank loan?
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