If someone agrees to loan me M$10000 for 1 month, how much will I pay back? This resolves at the end of the first such 1 month loan. The loan will be processed by the loaner creating a manalink for M$10000. I will then create a manalink for the amount owed, which the loaner agrees to not cash for one month. If there are no takers, I resolve to N/A
To initiate the process, comment 'I will accept M$____'. At first close, I will take the lowest such offer first, but I may take more than one. After this, the market will reopen. The market will then resolve to the amount paid back to the first lender
Related:
Close date updated to 2022-11-02 11:59 am
Close date updated to 2022-12-02 11:59 am
Close date updated to 2022-11-26 11:59 am
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Link was never claimed. It's been a month. If @Yev does not comment otherwise, I will resolve this market to 0 in ~48 hours. I say that because I hadn't realized that they hadn't claimed it after being gone for a while, and ended up spending a lot of it via triggered limit orders, so I would need to liquidate.
@LivInTheLookingGlass I'm really confused why I missed this comment and the manalink you sent me. But I did, so I guess I lost 10k...
I don't understand the scale of this market. It's currently at 90. Does that imply that you'd borrow M$10000 and send back M$9000 at the end (if so, sign me up for such a loan!)? or that you'd borrow M$10000 and send back $19000 at the end? or that you'd send back ~$M10000 + (M$10000*.9*1/12)=M$10750 at the end?
none of these (except that last one) are remotely close to the current bids, and the last one seems suspect given you said nothing about annualized interest or whatever.
Current bids:
@cos 10,837
@AndrewG 10,838
@wasabipesto 10,900
@Yev 11,000
All bids higher than 11k are rejected unless at least two of these retract