The Odin Bank of Neoxian - 2022-08-02

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The Bank of Neoxian shall loan the sum of 0.3028 BTC to @dynamicypto. He promises to repay 0.33308 btc in 6 months time.
Bank shall pay to address 342Nua9vVNYbvsufWhoFGyhYYQ2PikUHZv

@dynamicypto shall offer up the following collateral:

The Hive Accounts of @dynamicypto and @psyberx

To insure payment of this loan, the lendee promises to hand over their Owner key(s) to the bank. The bank will give back new posting keys to the lendee. The lendee affirms that the owner key(s) are given voluntarily and their account(s) are not stolen. They promise not to initiate the Stolen account recovery procedure.
Lendee also consents to Bank changing the trustee if the Bank so chooses.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the owed value, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.
Owner key(s) will be returned upon successful completion of loan.

Collateral is returned upon successful completion of loan.

Please sign below…


(Odin by by Georg von Rosen (1886))

hive-177682 neoxian palnet leo pob
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15 comments
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Terms accepted and appreciated! I Troy Green @dynamicrypto accept the terms and agree to repay by 6 months time .33308 btc

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I did not know that @neoxian had a bank and that it could finance user projects such as @dynamicrypto that can have the maximum possible benefit from the Bank of Neoxian loan. Greetings and congratulations

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Told folks... This mf'er bout his money. We do collect on loans around here. @neoxian 😂... but seriously though.

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Congrats @dynamicypto , You will able to achieve things that you are aiming with this money.

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Interesting financial transactions happening on Hive.
Good luck to both parties.

Posted Using LeoFinance Beta

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This is really a good way to help others in need thanks for the kind gesture @neoxian

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Neoxian bank loan has really been good as it always has been the way of helping people out financially

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Very good transaction
I hope each party will go strictly to the agreed terms and conditions

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