Quote from: Spaceman_Spiff on July 29, 2014, 01:28:11 PM

Hi,

I am looking for a loan of 1000 to 1500 darkcoins for a period of up to 1 month.
I will repay with 3% interest in darkcoin (36% annualized, so 30 to 45 darkcoins interest).
If you have a smaller amount to lend (500 darkcoins or so), I am also interested. A shorter period is also possible (interest to be discussed).

If wanted, I can provide escrow in BTC (but then I also want to lender to put in some BTC of his/her own as an incentive to pay back the collateral)

In this case I believe that once its time for you to repay the loan, if the lender no longer has your collateral to provide it back to you then you can exchange your DRK to BTC and just send him the interest you owe him from the loan right?

But if it was me providing this loan, I would Lock the btc price at Bitstamp market rate and keep the bitcoin as provided collateral from the borrow with escrow.

Don't take any word from me about this at all, unless I'm right of coarse... ;-)

Goodluck on your loan

-EDIT-
For Collateral, does the Borrower also need to provide the 3% interest along with the original loan amount requested? So totaling 103% btc Collateral?