Yo I've been a hardcore advocate of $vgx for a long time. I've worked very hard to set aside funds to obtain voyager tier. So what good is all that effort I put into acquiring Voyager status, if you're just going to arbitrarily pull back the APY on the core assets?
Conversation
Did you think they were going to stay the same every month? I did not but at least BTC and ETH are locked in the rest of 2021 now. VGX interest didn’t change. The interest boost didn’t change. So, I’m not sure why other assets interest changing has to do with buying $VGX 🤷🏻♂️🤔
2
5
I'm talking about the core assets that the VLP will be applied to. Other assets I would expect them to shift and change on a monthly basis, but if I'm buying $vgx to obtain explorer tier for the 1% interest booster, it's a shot in the gut to see the base interest reduced.
2
1
What are you talking about, $VGX interest wasnt reduced. It’s been 7% and it’s still 7%. What am I missing?
1
2
1) Sir maxwell I'm not talking about the interest applied to $vgx (7%). I'm talking about the loyalty program interest booster that one obtains for holding over 5000 vgx. (1% monthly interest booster for core assets btc, eth, usdc).
2
1
2) So if reduces the base interest on these core assets as displayed this month (base monthly interest on btc and eth were reduced), it's negating the expectations of the loyalty program's interest booster entirely.
2
4
Ok! that's huge of that's true. Thankyou for finding this as it completely erodes my concern. 🥰
2
6
I literally told you that in my very first response…that’s why I got so confused at your point…
1
3
4
2
Confirmed. Announcing more formally soon, but we will be locking BTC and ETH rates from July until end of 2021.
That’s what I’m talking about!
GIF
read image description
ALT
6
Thanks - and thanks for the transparency on the lock-in rate. I'll certainly share the info.
1
8
Thanks for the clarification in this thread 👍🏽
2
This Tweet was deleted by the Tweet author. Learn more
Accurate.
2
1
9
Steve has previously said in interviews he expects it to stay at a similar rate to where it is at for the next 1-2 years. This was several months ago though.
2
