Are any of the mods able to get in touch

with any of the devs at the moment?

How can we help? STAFF WILL NEVER CONTACT YOU FIRST!

Some PR would be nice explaining why these changes were implemented so basic users can understand why these decisions were made.

The really short version: Earn, Card cashback, Staking rewards are loss-leader products — Meaning that the company pays for all of these high-rates, essentially adding expenses for better user growth. As mentioned throughout the years, these rates were not permanent,and would change as the company reached a level where it became unsustainable/illogical to continue the loss-leader strategy

In other words: We rug pulled you guys ❤️

Ok, but the staking requirement? No staking is required by other cards that match these rates

Like I understand that the rewards for everything including staking etc. Were beyond generous in the first place. The card rewards however are utilized by I would say a more majority of the user base. So to cut those would obviously cause a huge retail uproar for the average person. This is another reason that sadly CEXs can do what they want without having to vote on it by their stakeholders. I would however say that the team should be made well aware of how this decision is going to effect the CRO community as a whole. Some kind of of PR or burn needs to be in place to justify this. Or you will lose a lot of your majority of investors sadly.

No, these are changes that were made to continue the company’s balancing. This was mentioned years ago, in the old AMAs

Staking requirements were pegged to fiat rates ~1yr ago

No no the debit card requires staking for no rewards. Just locked up money. Then with the Cashback rates, other cards offer the exact same returns for no lockup. So where's the benefit?

Lounge key limited to only 4 times a year? Is that really necessary?

We are aware of how community is reacting, and we are doing our best to make sure that this feedback makes a change, where possible.

Well staking is definitely not a loss leader that is a function within a protocol. As far as the earn and the card rewards I can see where you are coming from. All I can hope for is that this was a very well thought out execution and that it will pay off in the long run for your long term holders and people who have been hee since the beginning.

Yeah… instead of 0.5% on ruby you’ll give 0.75 I bet 😂😂😂

Please... this is a big disaster so far... thanks in advance for rolling back the insane decisions

DM me this question, I’ll get back to you with confirmation

Staking rewards (both Earn and Card) were not on-chain rewards, they were guaranteed rates paid by the company

Thank you for your responses.

We can’t promise any outcome at this time, but we appreciate the feedback ❣️

Thank you for taking the time, to voice your thoughts to us 🙏

Also are the DEX rewards not on chain staking?

Are you sure? I didn't get any confirmation on that.

DEX is, by definition, on-chain — I’m strictly speaking for Earn & Card stake rewards

It's written in here: https://crypto.com/product-news/crypto-com-visa-cards-update

Jade is going from 3% to 1.5% ?

Of course i think you should pin the post where you talked about the loss leading I think it would help a lot even though some people might not understand what you are saying with that specifically. Any pr is good pr.

Cashback is not necessarily a loss leader, as the card owner gets roughly 2% on the sales volume.

and no staking reward . who the hell stake 4000 usd for this card bro

Loss leading makes sense. Cutting everything so there's no benefit to staking vs competitors that offer the same rewards is the worst business decision possible.

so if you stake you just get spending rewards lol?

At least we can keep unlimited access to lounges instead of four times a year...

The 10% you get paid weekly will be took away too ?

This may only be an example, not a change

Yep!

Indeed... I will wait for a confirmation of the team rolling back the made decisions... if not I will be out as well!

Thank god I have 6 days to unstake #cardforsale

Yes. No benefit to staking now. Get a card from literally any competitor and you'll be doing better since you can put all that staking money to work

You can use prep

exactly

I still have another 20, thank God I didn't go icy.

👍🏽👍🏽👍🏽

I never paid the €50 for the physical jade card. I just upgraded from ruby and kept that card as I knew I would be flying for a while. So glad I saved that money. Still good to get Spotify and Netflix but the 10% is the deal breaker.

Idem

But failed to be mentioned to new customers.. Quite deceiving 🤔

100%

👍 👍 👍 👍

👍🏼👍🏼👍🏼, concentrate on scaling the cronos network 🙏

Where do you read that? In the article it writes this: "and other higher-tier cardholders can continue to enjoy unlimited complimentary LoungeKey™ airport lounge access."

They read incorrectly from example.

The 4 times that they write is a exemple

LOL, broke but you can sleep at a lounge with loungekey?

Staking rewards are lower than crypto.com defi. That shouldn't be a loss leader at all. The only way it could be is through mismanagement

years ago ? hahahaha

Been with you since 2017 guys... not the first time you make a big flop like this one... I understand you needed to lower rewards... but asking 3500 eur lock for just 1.5%... removing the staking rewards, capping rewards to 50$ Asking people to stake 35,000 eur for 3% rewards...surely you should know better You have competitors now, it's not 2017 or 2018... Such drastic sudden measures is not the way to treat your customers More gradual decline in rewards, announced in advance Then lowering the stacking thresholds... Icy Withe for 35k is totally unreasonable and you should rethink all that

I totally approve, thanks for all the gain, but I take 50% of my invest to secure it. And please pay a better person to communicate

You should put rethink all that crap at the end of your statement cause it's well said am just sitting here thinking to myself 1.5% on 3,500 in this cryptospace it's just mind blowing

Is it going from 5 to 3?

I feel sorry for not selling in November the tokens I had that were not staked

I bought the icy at 0.70 and sold a bag in large profit, but hell, this kind of management is soo bad for its reputation. Why millions to marketing if you can’t deliver with good product. They killed the whole product in two months. I want to see some heads rolling.

Crickets from the team

Yes I think everyone understand all stuff about company and being sustainable, but the question is " what I gain being part of this?". Visa Prepaid cards free 1% its easy to get and cex on market same ... what make you different from others for I choose cdc?

Well back to bi nance where i get 2% from having 10 bn b STAKED lol. C,com just killing their own business gg