Decentrabank is now open!
Do you wish to apply for a loan?
To apply please comment or send message in wallet. Write down amount you wish to loan and for how long. Interested rates are described in the first post
Here are the rules
The general rule is reputation above 55 for larger loans (3STEEM or more) I will not give out loans larger than 20STEEM to begin with because of limited funds.
I have however decided to grant smaller loans (1-2 STEEM) to customers with reputation above 45, at least to begin with.
It will also be possible to invest in Decentrabank if it all goes well. But that requires even more work, so we'll see how this goes first. First we have to see if anyone want's to loan some money.
Please stay updated on this thread to qualify applicants @sv1rby @vieira @dedicatedguy
Just curious who will have interest in these loans what is the target audience?
Primarily those who need SBD or STEEM fast for the use of upvoting bots. Say you have a great post you want to post, but you have a small account with little or no SBD coming in. Then you can borrow SBD, spend it on upvoting bots and then probably, if you are clever and use Steembottracker, you can pay back with interest PLUS make some money. Think someone in Africa, who can borrow 1-5 SBD from me (that is a lot of money for them)
Other possibilites is someone who just need some fast cash for whatever that is none of my business.
Good luck and make sure you do your research on the person before hand..... be safe brother.
Thanks man. First and only rule of decentralized banking -never lend out more than you can afford to lose :)
I suppose I have competition now...
Not yet :D No customers..
And besides, competition is good :)
I'm not adverse to competition, may the best bank win.
Neoxian: Best of the Best banks
I can't disagree with that :D As for now...
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