The Glitch City Bank of Neoxian - 2021-11-08
The Glitch City Bank of Neoxian
The Bank of Neoxian shall loan the sum of 4000 usd to @chronocrypto. He promises to repay 4350 usd in four months time. $1087.5 being paid each month. First payment is due Dec. 9th, 2021.
Bank shall pay Chrono to BTC address 12Fsmp1VB8tT7X8KixQDHG452UWs3uBvEQ.
Client shall repay using some major crypto the Bank accepts (including BTC, ETH, Hive)
Coingecko shall be used to determine prices.
Also, client agrees to cover any transaction fee cost.
@chronocrypto shall offer up 5000$ worth of Splinterlands cards as collateral. These
cards shall be held in
Cards will be delegated back to Chrono while loan is being paid back in good faith. Any SPS or Vouchers dropped shall be considered part of the collateral.
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...
(pic of Glitch City from VA-11 Hall-A game)