Securitized/Unsecuritized, Callable (Loan) offering 20/20 shares 1 bil/sh. 6%/3%/5%. 30 days.
There are 20 shares in two Categories at 1 bil per share.
Issue date: day isk or collateral changes hands (US Est. time).
Securitized Share: Category 1 share covered by collateral 3% interest rate 30 days.
Unsecuritized Share: Category 1 share not covered by collateral 6% interest rate 30 days.
Special Securitization Share: Category 2 share issued for collateral 5% interest rate 30 days.
There are 3 ways to participate in this offering.
(pool 20 shares, all 20 are available)
You can request between 1-20 Unsecuritized shares (depending on availability) with 6% interest due 30 days from the issue date. I am the sole guarantor.
You can request between 1-20 Securitized shares (depending on availability) with 3% interest due 30 days from the issue date. I am the primary guarantor. In addition your shares are matched with a person offering securitization/collateral.
You can call back your loan at any time. Your isk will be returned to you within 24 hours, however you will forfeit any interest earned if you call your shares early.
If you requested Securitized shares and the person offering the collateral calls his assets back early, you will be paid interest earned to date and request return of collateral. You will then be offered an option to discontinue or renew your loan in a secured or unsecured format.
It may take time to match number of Secured Shares requested with collateral offering.
(pool 20 shares) (currently all 20 shares in Cat 2 are open read reply below this post for details)
- If you don’t have liquid isk, but assets, you can still earn return on your items.
What does that mean.
That means for every billion in collateral you are issued Special Securitization share on which you earn 5% interest for the duration of the loan, 30 days. At the end of 30 days your collateral is returned to you with 5% interest on the number of Special Securitization shares you held.
Special Securitization Shares cannot be issued without a request for category 1 Securitized Shares.
Since each Category 1 Securitized share is worth 1 bil, high value collateral will be harder to match with Securitized Shares request.
Your items have to be reasonably liquid.
You items have to be in high sec npc station. Not a high sec island
You can call your assets back at any time. However, you forfeit any interest earned if you call your assets early. You are also permanently removed from the pool of future Category 2 participants. I cannot guarantee the return of your assets within 24 hours since they are kept by Category 1 Securitized Share holder.
If you have any questions post here or ask in mail/pm
Offering made by Gravel Arnst, therefore isk or collateral goes to Gravel Arnst and is repaid by the same character,
Every time a share is issued I will update the thread. If you don’t want your character name posted please let me know.
Please don’t send me isk or contract collateral until you receive confirmation by mail or here on forums.
General Background: In Eve I am primarily a trader/manufacturer. Do I need the isk from the offering? Yes and No. Yes, it will allow me to take advantage of opportunities that I pass up because they tie up too much liquid isk. No, because I will get same 20 bil within a month on my own. The reason I am doing this is to establish precedence and because it’s more interesting this way.
Since I have not done these before, I am open to constructive criticism. Thanks.