I am a fucking bank. This is amazing. I am like a transformer, but instead of turning into some truck, I turn into a bank.
I'm sort of like this...
Incredibly, there is a small handful of people that have trusted me with their hard-earned funds.
Holy shit! New customers!
Ok, so I'm a bank, big deal, so now what? I need to start earning some money for these guys.
These are my main forms of income:
- Loan sharking
- Delegation Rental
- Misc services
- Self voting (but not too much...honest!)
So I would use deposited funds to help me with these activities. This may mean purchasing more SteemPower to rent out and use for Misc services.
Ok guys, I'm going to tentatively promise you the base apr plus 3%. Sadly, the base apr is 0% so my apr is 3%.
Hey Neoxian! Only 3%, that's weak sauce? Come on man!
Yea yea, it's important that I be conservative and cautious. I don't want to promise what I can't deliver. And believe me, in my past I've seen some shady digital online banks that promised crazy interest rates of 30% or more, and..surprise surprise, they turned out to be scams or ponzi scheme. I am neither, so I'm offering a nice, normal interest rate. Hey! It's better than the 0% you get from the system right?
I will promise that I will make a best effort to earn money for my customers, regardless of my quirky nature I take all my business very seriously.
As a show of good faith, I've sent all my current depositors a small dividend, just so they can say they have made something.
Since I know people are going to ask, if you are crazy enough to want to deposit with me, it's 25 SBD minimum, thanks.