Hi Voyagers,
This month, we’re really excited to have lowered the minimum balance to earn interest on $VGX to 500, so more of our customers can earn the 3% interest APR on $VGX. A few things we want to clarify 🙂
・The Voyager Loyalty Program will not take effect until after the token swap occurs. A date has not yet been announced.
・Once the token swap goes into effect, the new VGX interest rate will be 7%. Until then, it remains 3%.
・To earn interest on Voyager, you must keep a minimum monthly average balance in your Voyager account. This is calculated by summing your daily ending balance and dividing that by the number of days in the month.
Stay tuned for future announcements on the token swap!
So if the eth balance is .5 and I have .506 and got paid interst every other month why not get paid in feb.... because it was a 28 day month ? Not entirely right to do would you agree .
I would really like to have a better understanding of this. And if possible maybe a math example in numbers.
Lets say 100 USDC / 28 but when do we use the 8.5% ?
is it 6.25% interest on ALL your BTC or just on the .01 required minimum because I keep doing the math and it seems like only 6.25% of the minimum is being given