Post
Topic
Board Lending
Re: Loan Required : 0.45 , Collateral worth 0.6 approx
by
max2607
on 05/05/2018, 10:57:02 UTC
I can fill this, no problem.

Similar terms to what the other lending providers stipulate. I would ask that you top up the collateral if the collective value falls below .55 BTC, and if I don't hear from you and the collateral keeps dropping (to below .5 BTC) I would ask DarkStar to sell the collateral (the excess amount above .465 BTC would be returned to you, of course).
I will add more collateral if thr value falls as stated in pm let me know

Ok these are the terms then:

If it falls below .5 BTC you will add collateral to bring it up to at least .55 BTC.
If I ask for more collateral and you don't respond in 24 hours (I will notify you in PM and make a post in this thread for a public timestamp) then I can ask DarkStar to sell the collateral.

If you agree with this, then I'll wait until DarkStar comes online to acknowledge the terms of the loan, and I will send the amount over.
I agree but i need 48 hours to add more collateral as sometimes i don't come online for certain reasons
And why do want darkstar to confirm he's just the escrow as i said in pm i will sign a message with all the terms