Post
Topic
Board Securities
Re: [GLBSE] TEEK Funds - crowdsourced loans / p2p economics. NEW: TEEK.USD
by
Francesco
on 27/08/2012, 09:53:45 UTC
How does the recent Pirate.... change... affect these funds? Most notably TEEK.B since TEEK.A is guaranteed.

TEEK.A and TEEK.USD are guaranteed and are in no way affected or related to pirate / btcst.   As I have mentioned before TEEK.B is partially exposed to pirate, but i am going to wait and see how this plays out before i make any decisions on anything etc.  Until then, TEEK.B interest payments will continue as normal.


teek

 

What kind of decisions, if I may ask? I guess "best effort basis" means you could lower payments, for as long as you need?
Could you estimate a lower bound for the near future? Is there the risk of going below 1%?