Will @Tumbles repay M13500 to @EvanDaniel?
13
50Ṁ16k
resolved Apr 15
Resolved
YES

Loan terms:

Evan to send Tumbles M10000 now. Tumbles to repay with interest M13500 by 2025-01-07, EoD AoE. Tumbles will place a limit order for M13500 on Yes at 99%, which Evan will fill.

Background:

The intent is to leverage the Manifold loans system and bank of Manifold to guarantee a lower than usual interest rate loan. The amount of the loan will be tied up in the bet at first, but will be recovered by Tumbles via the loan system over the course of the next ~ 25 days.

Tumbles is expected to repay; therefore this market should trade at 99%+ for the duration of the market and not have issues. If Tumbles does not repay, Evan can collect on the loan by resolving the market No. Mods are encouraged and empowered to enforce good behavior on the part of both participants by exercising mod resolution powers in this market; mana transfers will be by clearly labeled managrams.

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