Good point. I guess I'll update the terms to make it 1 loan per 1 form of collateral.
There are 2 people that hold all the private keys plus spINVEST so if I pop my clogs, your collateral is safe.
The collateral accepted will be HIVE, LEO are SPI to start with because they all offer excellent liquidity. Any form of collateral has to be very liquid. Dec would be an example, CUB would be a good one as well.
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