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Author Topic: Collateralized (Augur REP) Loan sought  (Read 634 times)
Indamuck (OP)
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September 22, 2015, 06:52:02 PM
 #1

I have almost 6 Btc invested in the Augur pre-sale:

https://sale.augur.net/

I'd like to borrow some btc (2-8 btc) in order to raise my stake. Thus the total stake (original 6 btc + lent amount) becomes the collateral, to be repaid soon after REP is issued and fungible, i.e. can be sold.

*I'm only interested in dealing with seasoned and reputable lenders/partners. You know who you are!*

As compensation I offer downside protection ~100% (depending on size of the loan) and either a fixed or floating return on the lent amount.

Offers & advanced discussion please PM directly.

Some background:

Investors in the pre-sale are entitled to 'Reputation' (REP) tokens upon launch of the Augur prediction market slated for early next year. Thus one invests BTC today but receives REP early next year. See details on the link above. REP will have income streams attached in the form of fees generated by activity on the Augur exchange, giving them a real 'intrinsic value.'
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September 22, 2015, 07:14:21 PM
 #2

you have no loan/trade history. I doubt anyone would want to loan you that much without collateral. I'm don't think what you offered can be considered a valid collateral.

also as I understand it downside protection is not really an assurance.
whywefight
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September 22, 2015, 08:59:37 PM
 #3

I have almost 6 Btc invested in the Augur pre-sale:

https://sale.augur.net/

I'd like to borrow some btc (2-8 btc) in order to raise my stake. Thus the total stake (original 6 btc + lent amount) becomes the collateral, to be repaid soon after REP is issued and fungible, i.e. can be sold.

*I'm only interested in dealing with seasoned and reputable lenders/partners. You know who you are!*

As compensation I offer downside protection ~100% (depending on size of the loan) and either a fixed or floating return on the lent amount.

Offers & advanced discussion please PM directly.

Some background:

Investors in the pre-sale are entitled to 'Reputation' (REP) tokens upon launch of the Augur prediction market slated for early next year. Thus one invests BTC today but receives REP early next year. See details on the link above. REP will have income streams attached in the form of fees generated by activity on the Augur exchange, giving them a real 'intrinsic value.'

Things you need to know:

[EDU] The Rule of "No Collateral, No Loan" - IGNORE AT YOUR OWN RISK!
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