The Voltron Bank of Neoxian: daily contracts: 2019-11-04

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The Bank of Neoxian shall loan the sum of 330 usd to @chronocrypto. He promises to return 400 usd with 4 payments of 100 usd every 10th and 25th. First payment is on 2019-11-25.

The money amounts are in terms of USD, but are transacted in Steem, SBD, or other crypto. The website coinmarketcap.com shall be used to determine the prices for purposes of payment.

@chronocrypto shall offer up the accounts @chronocrypto and @chronopolis for this loan.

@chronocrypto 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.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the owed value, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.
Owner key(s) will be returned upon successful completion of loan.

Please sign below…


(pic from https://fsmedia.imgix.net)



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12 comments
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@neoxian,
At the terms of STEEM this might be a huge contract! Congratz for BoN!
$trdo

Cheers~

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Voltron at its best yet again great deal congratulations

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You gave me some memories with watching Voltron @neoxian when I was still a kid :D

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(Edited)

This is how contracts are made.

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(Edited)

OMG you'ree the spammy kettle calling the pot black! Who want's to hear about all your bank loans - bearing! lol this is shit post 101! I won't flag you but I have been watching you for years! You're blocked!

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