Quote from: springshower on Today at 11:25:31 AM

Hi Condoras,

Sorry I first sent this to your PM but am re-posting to this thread since, as per your instruction, you don't normally discuss such in PM's.
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Hi condoras,
Sorry to bother you if this is dumb question but would the following be accepted as valid collateral.

https://wallet.near.org/profile/shower.near

This is my NEAR wallet with about 1700 NEAR, 1615 NEAR is locked in vesting contract which is released, in parts, over the next 1.5 years. It is staked with earnings compounding.

If that was feasible I would be requesting an $800 dollar loan (approximately 50% of collateral at current value, I am willing to negotiate this) (time frame of 15 days maximum)

Thanks for your time, I just could not find a fitting answer as to whether the wallet would work as collateral elsewhere.

I haven't given much thought to the process either, as I am fairly new, but I would assume I'd have to give you the seed phrase of my account. Or are there any routes? Anyway I would love to go through the process on your thread, if indeed it was all good with collateral

Thanks!

Hello springshower,

Loan Request: Denied
Firstly, I don't usually take tokens especially ones whose volume in an exchange is low to nothing. Secondly, you want a loan in full and not in partial like the collateral that you, not to mention that 50% doesn't cover a BTC loan to the slightest (since BTC bull-running constantly).

Sorry and thank you for asking. Cool

- Condoras -