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yishak has asked me to escrow the collateral for a loan between yishak and mdayonliner. 108k HYDRO ERC-20 tokens are to be provided as collateral for a 0.08 BTC loan. The ETH address to send the tokens to is 0xda32F70FaA59043dC781B9230027d493d41a5F66
7/24/2018
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1DarkStrRagcDjWtsPGxkav4WG3poLXzDS
HJabRxfsdexkUlX0/fudcb971TXdD8sxdriqZgkVc0XRG2KeYUXznlyCGRWQIiBjDRLLvA10JWL3A3sp2IbM/Vs=
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As stated on my escrow thread, there is a 0.7% fee. (0.00056
BTC or altcoin equivalent) yishak, how would you like to pay this fee?
Additionally, how low should the collateral reach for me to release the tokens to mdayonliner?This was my deal...
Any altcoin is currently trading on Binance, Bittrex, Poloniex, Bitfinex only. I will set stop/loss at 110% of your loan amount to ensure I do not risk my capital with small profit. I will ask the escrower to do the same.
I am adding coinex for you since HYDRO (
hoping they have stop/loss) is trading on coinex.
Since it looks extra hassle and exchange transaction fees involve which is high comparatively, I will be comfortable with DarkStar_ keeping the collateral in his own wallet. If the BTC value of the collateral goes below or equal to 110% (meaning 0.088
BTC or below) of my lending amount then yishak will have 24 hours time to top up more coins to keep the collateral value of it's minimum 120% range otherwise I will ask DarkStar_ to release the collateral to me. @yishak, let me know if you are ok with this or you want to go with the original deal of stop/lose on the exchange?
As stated on my escrow thread, there is a 0.7% fee. (0.00056BTC or altcoin equivalent) yishak, how would you like to pay this fee?
This is yishak's call and let's wait for him.
I am okay with what mdayonliner said. As for the fees, I was hoping to pay it in LTC. Is that okay with you?