For now, only loans secured by a valid collateral are available. (non secured loans might be available later on)
Available currencies:
Interest rates:
- USDC: 0.1% daily (minimum interest is 2 USDC)
Loan duration:
- minimum: 1 day
- maximum: 30 days
Loan amount:
- USDC:
- minimum: 5 USDC
- maximum: 100 USDC (I plan on offering bigger loans later on)
Terms:
- ALL loans must be secured with a valid collateral
- the collateral must be worth 120% (or higher) of the loan's value
- if the collateral falls to or below 102% of the loan's value, the borrower can add additional collateral to keep the loan at a safe value and/or provide a partial repayment
- if the collateral falls to or below 102% of the loan's value, I reserve the right to sell the collateral (or keep it)
- miners fee when sent will be paid by me, miners fee for the repayment transaction is paid by the borrower.
- any transaction fees that occur from moving the collateral will be paid by the borrower
- list of valid collaterals (if you don't see your collateral in the list, contact me, I might be able to help):
- HIVE (Hive)
- HBD (Hive dollar)
- BTC (Bitcoin)
- ETH (Ethereum)
- LTC (Litecoin)
- EOS (EOS)
- XMR (Monero)
- DOGE (Dogecoin)
- DASH (Dash)
- Splinterlands cards (https://splinterlands.com)
- DEC (Dark Energy Crystals)
- Hive account:
- recovery account must show: lending.services (so if you just changed it, the change will reflect in 30 days and it's at that time that you'll be able to use it as a collateral)
- the master key (password) of the account must be provided to me and I will change it
- the estimated value of the account (Hive Power + Hive + Hive Dollars) will be used to calculate the value of the collateral
- I reserve the right to provide or not the private keys to the borrower while the account is being used as a collateral
- repayment addresses will be posted via the Hive blockchain via a transfer, do not send any funds to an address that would not have been posted on the Hive blockchain:
- the borrower can repay at any time without any additional fees
- if for any reason you cannot repay on the repayment date, contact me
- if you don't contact me, loans not repaid within 72 hours of repayment date will be deemed in default
- all the loans details will be registered on the Hive blockchain
- by taking a loan from me, you agree to these terms
- I reserve the right to amend these terms at any time without notice
- I reserve the right to deny any loan for any reason without explanation
contact information:
- discord: Harpagon#4087
- hive: harpagon
