response of the people? are you in anyway concerned?
We understand our users are not happy with the changes, nobody likes losing an income source — But we have taken constructive feedback on the way the changes were made, and we hope to rework the processes to work with our users better.
Cuts are to lean.. Better deals elsewhere.. You will loose customers for sure. Sad to see.
Then do something about it. Better cut the marketing budget instead of the mco rewards. This makes no sense
It could be that we held our rates as long as possible, only reducing when it was absolutely the last measure — We had 2+ years of great growth (and cost with the growth,) but the company does have to maintain profits/financial stability to stay alive, our high rates were available for over 2 years, and we are sad to see them go (for now)
To be entirely fair, users would have earned 24% interest on their 3mo USD stakes. There was numerous users who had six figures+ on Earn for that time.. so, from a customer perspective.. there was ample time to get it while the going was good
You’re doing a great job Neto. Hard to be front line right now. I know CDC will provide better utility and benefits when conditions change. I appreciate the DOSH opportunities and look forward to other clever perks too.
You made a huge investment in advertising and now r.i.p. reputation. 😢
U are sponsoring millionaires for multiple years but ur screwing us
Not true, customers in Switzerland had never access to this.
Thanks Billy! Community is never easy, but it’s not supposed to be! I’ll keep up with our benefits team and push for quality products to be included, if possible
That’s a regulatory issue, there’s not much that can be done there
3 times bad news regarding earn, perks and staking. Do you guys also have some good news for your customers? Perhaps a coinburn coming or something else?
I dont think you understand since the entire company just took a massive dump on their entire consumer base that made them popular in the first place.
We have been transparent about the Earn/Staking rates, and how they were never designed to be permanent.
No, no you weren't. Otherwise, that would be plastered on the front page instead of being hidden. You advertised them front and center to lure people in.
I'm here since 2019 and they have been quite transparent about it
It suppose to be replaced with something better.
Are there plans for a buy back and burn program?
insiders buy back at 10 cents and customer get burned
and yet it wasnt. And here we are.
Maybe 10 cents or less like 5 cents
Yup!! I follow pretty closely and had no idea this wasn’t permanent. Just unstaked my icy and sold everything
Loss-leader products are never permanent
Are there plans for a buy back and burn program?
I’m not aware of anything like this, at this time
Make a poll and ask the community. I will know the answer and these decisions will be half that hard. This is a solid free advise.
Well said but all the spending that was displayed to the world look very irresponsible and at times very immature.
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