The Galgenbeck Bank of Neoxian - 2021-11-05
The Bank of Neoxian shall loan the sum of 5000 usd to @burlarj. He promises to repay 5500 usd in three months time.
Client shall repay using some major crypto the Bank accepts (including BTC, ETH, Hive)
Coingecko shall be used to determine prices.
Also, client agrees to cover any transaction fee cost.
@burlarj shall offer up the following Splinterlands cards as collateral.
- Alpha - Malric Inferno - C-ZC5P1HIDQO
- Alpha - Zintar Mortalis - C-0FAJXRZEQ8
- Alpha - Lyanna Natura - C-P0D1BJVIRK
Any airdropped SPS and vouchers from these are also considered collateral.
Cards and assets will be held in
Collateral is returned upon successful completion of loan.
Volatility protection clause
FOR A PAYMENT MADE ON A SCHEDULED DAY The Bank may opt to value the payment currency value at an average price over a 24 hour period. FOR A PAYMENT MADE OUTSIDE OF A SCHEDULED DAY The Bank may opt to value the payment currency at any price the currency had during the last 3 days. Prices are determined from a pre-agreed oracle. https://www.coingecko.com shall be used if nothing else is specified.
Please sign below...
(picture from the game Mork Borg)