The Boss Bank of Neoxian: daily contracts: 2018-05-30
This post contains four contracts.
The Bank of Neoxian shall loan the sum of 75 SBD to @fbslo. He promises to repay 80 SBD in one weeks time.
The Bank of Neoxian shall loan the sum of 280 SBD to @creativesoul. They promise to repay 320 SBD. They shall pay 10 SBD per week until 320 SBD is reached. The first payment shall be on June 6th, 2018.
The interest is 40 SBD total, but this may be reduced by 1.25 SBD for each week early the loan is paid off. Example, paying off the loan 3 weeks early would result in 3.75 SBD reduction in the interest.
@creativesoul 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.
Owner key(s) will be returned upon successful completion of loan.
The Bank of Neoxian shall loan the sum of 250 steem to @klye. He promises to return 270 steem in one day.
The Bank of Neoxian shall loan an amount of steem equal to 400 usd (172 steem) to @bestbroplayer. He promises to repay an amount of Steem and/or SBD equal to 460 usd in two months time.
@bestbroplayer shall give to the Bank 350 steem as collateral. The Bank shall return this collateral when the loan is complete. If the loan is not complete in time, the Bank shall deduct the owed amount from the collateral and return the remaining, if any.
The website coinmarketcap.com shall be used to determine the price of Steem and SBD for the purposes of repayment.
Please sign below..
(pic from https://vignette.wikia.nocookie.net)
Be like a Boss everyone.
I agree to the terms above and will repay 270 STEEM in ~18 hours when my powerdown hits the account.
Thanks again neoxian!
posting a very extraordinary ,,, and become a motifator for us
Signed by BestBroPlayer!
lovely @fbslo
I agree to the terms above for the loan.
@neoxian,
@kyle the whale one of your regular customer now! Congratz bro!
Cheers~
Hi @neoxian You are very suitable to be the boss.
75 SBD shares make a profit of 5 SBD in one week, good.
Great to see micro loans in our ecosystem taking flight, it's good to know that there's at least this option. Let's all be men of honor as neoxian is really assuming most of the risks currently.
Congrats @fbsolo on the loan recieved...use wisely:)
Kudos @neoxian your banking service epic indeed!!
Congratulation dear friend @fbslo. Great success of bank of neoxian and i hope one day neoxian bank will be world no 1 bank. Thanks sir @neoxian for helping us.