OP, if the token is locked until 9th May 2023, then that's not collateral since you are seeking a 4-week loan... probably up to 6th April from today. This is a very high risk for lender.
Firstly, if I understand well, the token is locked in an account bound to a platform that can vanish overnight
Secondly, There are very high chances of a rug pull. You know, this has been very common.
Topic: Need 0.025BTC Loan, 4 weeks, 700 USD locked collateral (Read 118 times)
seems like if a person needs to be told that he isn't going to get a loan it's up to Timelord2067 and AHOYBRAUSE
Delusional.
Welcome to the ignore list.
bye
seems like if a person needs to be told that he isn't going to get a loan it's up to Timelord2067 and AHOYBRAUSE
Your 200,000 valued at $641 (not $745) would have to be transferred to an escrow or the lender. I doubt either would get involved in the exchange of an account which would be rather messy.
Furthermore, the price is on a downwards trajectory, so the 125% collateral on loans rule is fast evaporating (then there is the fact you have just woken up after a nine month slumber)
You'd be better off selling them now and buying them back later at their lower price.
Furthermore, the price is on a downwards trajectory, so the 125% collateral on loans rule is fast evaporating (then there is the fact you have just woken up after a nine month slumber)
You'd be better off selling them now and buying them back later at their lower price.
"locked staking" -> impossible to send or sell , also he said the 745$ will be 235,000 coins from the staking reward.
What did you read mate?
I think this collateral is hard to deal anyway because of the really low trading volume of the token.
Your 200,000 valued at $641 (not $745) would have to be transferred to an escrow or the lender. I doubt either would get involved in the exchange of an account which would be rather messy.
Furthermore, the price is on a downwards trajectory, so the 125% collateral on loans rule is fast evaporating (then there is the fact you have just woken up after a nine month slumber)
You'd be better off selling them now and buying them back later at their lower price.
Furthermore, the price is on a downwards trajectory, so the 125% collateral on loans rule is fast evaporating (then there is the fact you have just woken up after a nine month slumber)
You'd be better off selling them now and buying them back later at their lower price.
Hi,
Looking for:
I seek 0.025BTC Loan for 4 weeks other terms can be negotiated. Willing to pay an reasonable interest.
My collateral:
I have $OKG https://coinmarketcap.com/de/currencies/ookeenga/ as locked staking at ookeenga.io in a smart contract (bound to the ookeenga account wallet) that becomes claimable on 9th May 2023 estimated early maturity reward around 235,000 $OKG ~ 745 USD (200,000 $OKG staked ~ 641 USD) -> more info: https://staking.ookeenga.io/stake-2
I will provide access to the ookeenga.io account including changing ownership of the account to an email you desire for that time.
Would be any reputable lender interested in this transaction?
Thank you!
Looking for:
I seek 0.025BTC Loan for 4 weeks other terms can be negotiated. Willing to pay an reasonable interest.
My collateral:
I have $OKG https://coinmarketcap.com/de/currencies/ookeenga/ as locked staking at ookeenga.io in a smart contract (bound to the ookeenga account wallet) that becomes claimable on 9th May 2023 estimated early maturity reward around 235,000 $OKG ~ 745 USD (200,000 $OKG staked ~ 641 USD) -> more info: https://staking.ookeenga.io/stake-2
I will provide access to the ookeenga.io account including changing ownership of the account to an email you desire for that time.
Would be any reputable lender interested in this transaction?
Thank you!
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