Post
Topic
Board Lending
Re: Loan Required : 0.45 , Collateral worth 0.6 approx
by
Hatcher
on 05/05/2018, 10:58:48 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

Ok that's fine. Just try to keep an eye on the collateral yourself so you can send more if it gets to dangerous levels. That way I don't need to ask.

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

Reasonable enough. Since I'm going to sleep soon, I can send this over now. Just give me a moment.

EDIT: Sent!