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High-CheeӃs

Wait, the loans are not usd based but xmr? I

thought you meant they pay back the usd equivalent in xmr each month. If its "here is 40 xmr to cover debts, I want that back no matter the price" it gets dangerous. They are basically short xmr. Or am I misunderstanding?

#cryptocurrency #english #xmr
0

2 ответов

20 просмотров
.-

It may be more profitable if it is not USD based. Think of it as a loan to gold. While it was 40 XMR 5000 dollars a month ago, now it may be 7000 dollars.

0
6 месяцев назад
Wade John-Beckett

The USD price of the loan converted directly into XMR. XMR or USD sent to borrower to cover their debt. The total XMR divided over the loan period, I.e. 12 months. They pay a fixed monthly rate in Monero. Risky, yes. But fun.

0
6 месяцев назад

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