ANN: Steem Loans
Comment for a loan against your STEEM POWER and vote to select best loan
Loan Pool : TBD, To Be Determined - 50% of SBD & STEEM will be available for loan after payout of this post
Interest rate: variable, to be decided by the free market as deemed fair and reasonable (minimum 0.1 % ?)
- Minimum Suggested REPutation for a loan: 50
- Loan Time Frame: one (1) to seven (7) days
- Loan Requests to be less than amount of STEEM from a potential POWER DOWN.
Steem Loans will offer loans based on what comment loan proposals which will be voted on that go to the top with most value and votes. This will serve as a potential way to get a loan against your STEEM POWR so you don't have to POWER DOWN.
@steemloans ...are steem loans available yet? I am looking to take out a steem loan of $200 usd worth of Steem for an investment which can be discussed.....are you on @rocketchat (steemit.chat)
I will vote because I am very interested to see where those goes.
Thank you for your interest. I am not sure that the right means for this idea exist yet. Seems to be more of a thought of a possibility currently.