Nubits usnbt loans


I would like a 50-100k usnbt loan. I will put up 1% as an initial deposit and pay a premium on park rates to provide an incentive. We can figure out a way to ensure both parties stay compliant by using a third party escrow service.



I think lending would be a brilliant route for Nu to take.

SALT and NEXO are bringing some great crypto-backed lending products to market… imagine something similar, but no need to deal with Fiat.

With interest rates around 14-20%+ for these services, a crypto only alternative could be very profitable.

It would provide ongoing demand for NBT as re-payments & interest payments need to be made, and profits could be shared between those who buy the ‘initial currency offerings’ (effectively the lenders), and NSR owners. NSR could be required to be staked as collateral for the NBT loans, providing significant demand for it.

Would like to hear others thoughts on this concept.


With the situation with NSR buy orders being in total a few Bitcoin, surely revenue & business model needs to be discussed?

Couldn’t lending be a highly lucrative source of revenue & demand for NBT?

If someone sells 6m+ USNBT of the 14m in circulation over the next week or so, it seems Nu could find its self in serious trouble, given it has only $5m reserves & minimal NSR liquidity to rely on.

I’m not so sure around 40% reserves were a sensible idea, but we’ll see how it goes & hope for the best.


How would you do that?

Would you offer any crypto as collateral?

IMHO that would only work if at least 150% collateral could be offered…