⬡ | Ambrosia Loans

sounds like someone who's trying to use ambrosia pawns

 

What happens if someone takes out a loan and then invests that money?

 

I don't know why they'd do that, as they'd be losing money for no reason

 

Not true (I think I’m not sure how your system actually works). If they loan a high amount, say 100 stx, and they invest it. They would get more “interest” from any lower amount. For example a sudden wave of people take out a 25 stx loan. With your graph the investor would be making about 1 percent profit per week or a stack of liquid emeralds per week. Again my math could be completely wrong and if so please correct me.

 

This is failing to recognize the absurdly high interest on a 100 stx loan, which would certainly outweigh the investment return. This is also ignoring the investment cap, which is 30 stx. Should a situation like this arise, it would definitely not be worth it to loan to invest.

 

I knew I was missing something thank you.

 

2. We can offer expert advice on making money, and can assist in some ways in doing so.
We can educate you on different ways to earn money, share lootruns with you, and offer market advice in some situations.​

Ngl, might take out a loan just for this, seems useful, is there a minimum amount you have to borrow?

 

so the larger the loan the smaller the interest correct? or am I just stupid?

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also, I haven't tested this yet but using the information I have gathered via bugs and glitches I used to delete extra quest items I owned that were wasting space
I MIGHT'VE found a way to take soul shards out of your inventory and drop them, emphasis on MIGHT'VE. if it works could I use those soul shards as collateral instead of items?

 

reinvent modern banking when

 

Uh, no, I can't take glitched items as collateral. I suggest you don't do that and make a bug report

 

Bumping because tealy forgot to bump

 

Bump cause this is actually a really good business
ooh wait lemme write a glowing review for Ambrosia Loans

 

10char

 

why

 

Opps forgot to put bump in front

 

Can't wait to get enough le just to invest it all in ambrosia

 

Are the investors paid every loan or a set time such as once a month?

 

u ask

 

Do you mean ask Tealy himself?

 

Investors profit every time a loan is returned.