The Bank of Neoxian shall loan the sum of 0.1013 BTC to @dynamicrypto. He promises to repay 0.11143 btc back in six months time. (This is roughly 5000 usd worth and 10% interest)
Bank shall pay BTC to client's address: 31wm6ZiFZgq7Yq5p4DWTNQ9mgTD6ZnqD4L
@dynamicrypto shall offer up his account as collateral. His staked Hive, SPS, and Splinterlands cards shall be considered part of the collateral. Cards shall be locked for 30 days. Client promises not to unlock cards, or power down SPS or Hive power without bank's permission.
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 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.
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.
Collateral is returned upon successful completion of loan.
Please sign below...
(pic is screenshot from the game Cloudpunk)
