Loan amount: 8,000 usd in BTC
Interest: 10% a month
Loan term: ~3 1/2 months
Collateral: waves (150%)
Terms:
BTC loan pegged to usd amount (in other words borrowing usd in BTC).
If collateral is goes higher than 175% of loan excess will be returned.
Liquidation at 110%, I will be informed once it reaches 120% and have te option to add more collateral
Anything else?
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Hash: SHA512
This is zazarb from bitcointalk. Today is 26th Aug. 2017
I'll fund a loan in the amount of $8000BTC (1.847BTC at current rate on poloniex ) to a29654 (u=840733)
Loan amount: 8,000 usd in BTC
Interest: 10% a month
Loan term: ~3 1/2 months
Collateral: waves (150%)
Terms:
BTC loan pegged to usd amount (in other words borrowing usd in BTC).
If collateral is goes higher than 175% of loan excess will be returned.
Liquidation at 110%, I will be informed once it reaches 120% and have te option to add more collateral
The terms of the loan:
In the event that the value of the collateral falls below 110% of the principle then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral)
In the case that I am not able to sell the collateral for an amount enough to cover the principle plus interest then a29654 would owe me the difference
please send collateral at least 2200waves to following address
3P86p7prThsaffUuG2sbs65v9TK5HZx1EMb
Repayment should be sent in BTC at that time in the market price.
to following address 1P3JdLpQ3fRFUc7A7V6Kr6FG228suXYPLy or other signed by me.
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Sorry for the delay.