BBLOAN50: Bullet loan 1DM matures in 50DW

[HSF Loaf]

BUY BBLOAN50 2250 0.34

[Phoenix]

Auction results:


James> BUY BBLOAN50 1250 0.40
Soul> BUY BBLOAN50 500 0.34
Loaf> BUY BBLOAN50 2250 0.34
---------------------------------------
Soul> BUY BBLOAN50 500 0.32
Syksy> BUY BBLOAN50 2000 0.32
Soul> BUY BBLOAN50 500 0.30
James> BUY BBLOAN50 400 0.30
Soul> BUY BBLOAN50 500 0.28
Soul> BUY BBLOAN50 350 0.26
Soul> BUY BBLOAN50 150 0.26
SAnubis> BUY BBLOAN 999 0.26
Loaf> BUY BBLOAN50 4000 0.26
Soul> BUY BBLOAN50 500 0.24
Soul> BUY BBLOAN50 500 0.22
Soul> BUY BBLOAN50 500 0.20

The earlier auction priced the BBLOAN50 at 0.28, which corresponded to 381% APR.
This time the price rose to 0.34, yet the APR rose to 649%.
When we get Kingly DB and its Exchange (CK:Agora Marketplace) working, we'll see real time pricing of these...

Thank you all participants! <3

[Serje]

Auction results:


James> BUY BBLOAN50 1250 0.40
Soul> BUY BBLOAN50 500 0.34
Loaf> BUY BBLOAN50 2250 0.34
---------------------------------------
Soul> BUY BBLOAN50 500 0.32
Syksy> BUY BBLOAN50 2000 0.32
Soul> BUY BBLOAN50 500 0.30
James> BUY BBLOAN50 400 0.30
Soul> BUY BBLOAN50 500 0.28
Soul> BUY BBLOAN50 350 0.26
Soul> BUY BBLOAN50 150 0.26
SAnubis> BUY BBLOAN 999 0.26
Loaf> BUY BBLOAN50 4000 0.26
Soul> BUY BBLOAN50 500 0.24
Soul> BUY BBLOAN50 500 0.22
Soul> BUY BBLOAN50 500 0.20

The earlier auction priced the BBLOAN50 at 0.28, which corresponded to 381% APR.
This time the price rose to 0.34, yet the APR rose to 649%.
When we get Kingly DB and its Exchange (CK:Agora Marketplace) working, we'll see real time pricing of these...

Thank you all participants! <3

F**** I missed it!

[Libra Dragon 11]

F**** I missed it!

Me too. I was thinking too long.

[Serje]

F**** I missed it!

Me too. I was thinking too long.

I thought it's the first one and people are just trolling! ROFL!!!

[Phoenix]

F**** I missed it!

We will soon have Agora Marketplace running, and then you can buy/sell/speculate to your heart's content

[Phoenix]

BDEP100 is launched with 200M GLI marketcap.

This BBLOAN50, sadly, did not catch favor. Its market cap is too small, ~30-40M, with too few holders, to warrant Coinshop marketmaking.

If the existing owners want to list and trade it, valuation formula is as follows:

GLI/E1 * X / ((1+discount_rate)^(weeks_remaining))


For instance if:
discount_rate = 1.42% (same as initially in BDEP100)
weeks_remaining = 15
GLI/E1 = 6,109
X = 1 (the term can be used for instance to take the EUR risk-free interest rate* into account)

BBLOAN50 = 6,109 * 1 / ((1+1.42%) ^ 15) = 4,944 GLI/BBLOAN50


*slightly negative and ignored here.

[sremm]

BBLOAN50 expired

Description
"At the expiration date, by the end of 50DW, Bet pays 1.00 EUR worth of GLI to the owner of this."

[Libra Dragon 11]

BBLOAN50 expired

Description
"At the expiration date, by the end of 50DW, Bet pays 1.00 EUR worth of GLI to the owner of this."

I think everything is on hold for the time being. Patience.