Post
Topic
Board Project Development
Re: [BETA]Bitfinex - Meta-Exchange and margin trading
by
myself
on 20/02/2013, 22:55:47 UTC
@ThaddeusB

1) if a loans if set for maximum 7 days and you add a buffer for 8 hours that's breach of contract since BFX would change the loan conditions for lender
2) if someone borrows funds for 7 days and BFX adds a buffer for 8 hours that's another change on loan conditions since the contract was for 7 days not 7 days and x hours
3) and who should pay for the 8h buffer time BFX because it adds the buffer or the borrower ?
4) i am a borrower and i dont need the buffer why i should pay the interest for that time ?


is quite clear that this issues are easy avoided when borrower takes the loan for 8 9 or 10 days