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DispatchMetaGameplay

by The Union of TESDAI. . 83 reads.

LEX - Bank of the Lands End Stock Exchange (BLESX)

Last updated on June 30, 2021. If you find this dispatch helpful, please upvote.

Bank of the Lands End Stock Exchange (BLESX)

The only LEX bank officially endorsed by the Chief Executive Officer of Lands End.

So, you're looking to make some passive income with little to almost no time investment on your part? Maybe you're going on vacation for a few weeks and would like to make some profit while you are gone. Maybe you need to take a leave of abscence for a little while. Most people would suggest investing in "safe" stocks, but we never know when disaster will strike a region and your "safe" investment nets you a loss instead of a steady profit. Maybe you've been getting dividends as a Shareholder but you don't really want to trade stocks.

That's where the Bank of the Lands End Stock Exchange comes in. If you've got Leex and your debt paid off, or enough LEEX to pay off your starter debt and have some left over, the we will be happy to gurantee to increase what you invest in it.

The Bank of the Lands End Stock Exchange is run and operated TESDAI, Gibraltarica, and Bassiliya.

TESDAI is a long-time Delegate, Secretary, and Shareholder of Lands End, the region behind LEX. An Auditor since Day 1 and beta tested the LEX system since it's first introduction as a real thing. You'll find noone more invested and involved in the system and the region behind LEX. Not only his investment and involvement in LEX is important though. The numbers speak for his trading skill: The number one trader for profit in the beta and sitting at the top for the first few days. Who passed him?

Gibraltarica, better known as Jinkies. Jinkies completely broke the system in alpha, making way too much money. She blew past TESDAI's profit within days, and had made well over 300,000 LEEX by the time August toned down the volatility in the public release. Both she and TESDAI have been regarded as some of the most prolific traders in the entire system by August.

Bassiliya, also known as NJ, while not as well known in the LEX as the other founders of the bank was taught by them both and was in the Top 5 for profit prior to founding. NJ wrote much of the terms and contracts, and put together the system behind the bank that keeps it running. He also serves as the organization's Chief Financial Partner and should be contacted about any financial bookkeeping questions.

No three members of the LEX system would be more trustworthy and skilled to handle your LEEX.

Bonnie Blue Republic wrote:Shiny. Much appreciated.

Karteria wrote:Overall, I enjoyed the short experience I had with the bank. I took out a 3-day loan with the corresponding 80% interest rate. I was able to use the loan to pay back my starter loan and still have enough to meet the interest plus extra to invest. I recommend that any player not comfortable with the market yet to wait before taking out a loan, however. The bank assumes that you are able to make a decent profit, which is entirely possible, but perhaps not accessible to newer players. That being said, this bank is useful for medium/high-skill investors, and I may use their services in the future.

TERMS of AGREEMENT with the BANK OF THE LANDS END STOCK EXCHANGE

Herein below are stated the terms of service and agreement for any member of the Bank of the Lands End Stock Exchange (hereafter, the Bank) under the authority of the right honorable Partners: Lies Kryos, TESDAI, and Jinkies. These terms shall apply to all members and partners of the Bank, anyone interacting with the Bank, and anyone who has an account with the Bank, regardless of inactivity.

General Terms
Members shall be defined as anyone who has an account with the Bank. Members shall adhere to all Terms of Agreement. Any member found in violation of the Terms of Agreement will be subject to seizure of Bank assets, suspension of account, fees or costs, or revocation of the account with or without compensation, in addition to other reparations. Membership may be denied to applying persons based on previous history with the Bank or due to previous monetary conditions. Membership may be revoked at any time by unanimous agreement of the Partners. Membership that is revoked in this manner will require the Member's account to be settled properly.

Privacy
All persons interacting with the Bank will automatically have an account created for them. This account will include their Discord user ID, Discord username, their Bank account number, and the activity on their account. Open and closed transactions will be tracked, including, but not limited to, monetary information, type of transaction, amount transacted, and the current interest rates. will Members have the right to request all information pertinent to their transactions, open or closed. Information regarding monetary transactions will only be imparted via direct messages or other private communication. All members have the right to privacy and all monetary information will be kept strictly protected, available only to the member in question, the partners, and Lands End Exchange Auditors who have a warranted request. All requests for and questions about information regarding accounts and monetary transactions will be directed towards the Chief Financial Partner.

Terms of Loans
A loan will be applied for by approaching a partner of the Bank. The partner of the Bank may reject a loan application before it is reviewed. Loan applications will be reviewed by the partners and denied or accepted. On acceptance of a loan, a contract will be issued, which the Borrower and all partners will sign. Loan applications must include:
- Name (NationStates nation name, Discord tag or Discord ID)
- Time spent part of the LEX system
- Amount requested. Loan amounts must be at least 1000 LEEX
- Duration of loan
Loan duration options are one day, three days, and seven days. Loans issued are subject to interest; one day loans charge a 12% interest, three day loans charge a 40% interest, and week loans charge a 100% interest. Interest is calculated daily. Loans may be returned at any time. Loans that default will incur a 10% fee. Loans may be rescinded by the Bank at any time, but the Borrower will not be required to pay any interest on the loan.

Terms of Investment
Any person wishing to invest in the Bank of the Lands End Stock Exchange may approach a partner and submit an application. The partner of the Bank may reject an investment application before it is reviewed. Investment applications may be reviewed by the partners, who may deny the application. Upon acceptance of an investment application, a contract will be issued, which the Investor and all partners will sign. Investment applications must include:
- Name (NationStates nation name, Discord tag or Discord ID)
- Time spend as part of the LEX system
- Amount invested. Investment amounts must be at least 1000 LEEX
- Duration of investment and specification of repetition
Investment duration options are one day, three days, and seven days. Investments received are subject to interest; one day investments receive 10% interest, three day investments receive 33% interest, and seven day investments receive 85% interest. Interest is calculated daily. Investments may be rescinded at any time, but the Bank will not be required to pay out any interest if withdrawn prior to the end date. Investment contracts may include the option to renew the contract of investment another unit of time equal to the original contract time automatically, allowing investors to automatically gain investments over time without constantly renewing contracts. Money invested in this manner is required to be invested on a seven day plan. Money can be withdrawn from an autorenewing account after the first week at no extra cost to the Investor, but this is drawn directly from their initial investment and will not count towards their final interest rate.

Contract Templates

**Definitions:**
The Borrower: The person to whom money is being loaned
The Lender: The person(s) who are lending money to the borrower
The Loan: The amount of money loaned
The Company: The persons in ownership of the Bank of the Lands End Stock Exchange; Jinkies#1836, TESDAI#3151, Lies Kryos#1734

**Contract of Lending**
At the request of (username) [hereafter, the Borrower], (username) [hereafter, the Lender] shall provide (amount) to the Borrower on (date). This loan shall extend # day(s) and be charged at #% interest, or #% daily, totaling (total). The Loan will be collected no later than (time) on (date), but may be returned at any time before that. The Lenders may demand all money to be returned prior to the Loan date, but the Borrower will accrue no interest in that case. The Borrower may not transfer any money to any other trader or person until the contract has been fulfilled. Any delay in payment will cause a default in the Loan by the Borrower, breaking the terms of the contract, and incurring a fine of 10% of the money owed. The Loan will be repaid by the Borrower to the Lender or a member of the Company. Signature of this contract constitutes agreement to the Terms of Agreement of the Bank of the Lands End Stock exchange. When the Loan is repaid to the Lender or the Company, this contract and all its legally binding clauses shall become fulfilled and null.

*Signatory for the Company:*
*Signatory of the Borrower:*

**Definitions:**
The Investor: The person investing money in the Bank
The Investment: The amount of money invested
The Company or the Bank: The persons in ownership of the Bank of the Lands End Stock Exchange; Jinkies#1836, TESDAI#3151, Lies Kryos#1734

**Contract of Investment**
At the request of (name) [hereafter, the Investor], (name) [hereafter, the Company or the Bank] shall receive # LEEX on (date) which shall be invested in the LEX. This investment shall extend # day(s) and have a return investment interest of #%, or #% daily. The Investment will be returned with interest no later than (time) on (date). The Investor may demand all money to be returned prior to the final date, but the Company will repay no interest. The Investment, on the request of the Investor, may be returned automatically for additional investment for a term equal to the original contract's length and interest rate. The Investment will be repaid by the Company or a representative of the Bank to the Investor. Signature of this contract constitutes agreement to the Terms of Agreement of the Bank of the Lands End Stock exchange. When the Investment is repaid to the Investor, this contract and all its legally binding clauses shall become fulfilled and null.

*Signatory for the Company:*
*Signatory of the Investor:*

Please contact Jinkies#1836, TESDAI#3151, or Lies Kryos#1734 on Discord to enter into agreement with the Bank of the Lands End Stock Exchange or for any questions and inquiries.

Original content by TESDAI and Bassiliya
Long Bull provided by Emiline

The Union of TESDAI

Edited:

RawReport