rate will be lower for those too?
Our GBPx/USDx/EURx rates will not be changed. You can still earn up to 12% on them.
hope this is healthy for Nexo and profitable for us in the long term, there is no % rate like this in the criptospace. For sure i think most of us have earn in nexo activated, so all my earning that are supoosed to be 12%, in fact they are like 2-4% now due to price fall
You earn interest in tokens NOT cash so you don't lose out. When the price goes back up you will have the full interest you expected before the price dropped.
Malcolm But my planium VIP was taken by them. It is suffering.
well... if that situation happen some day... to return to $4 on Nexo will be tought
If you keep your platinum level at bang on 10% then it will drop to gold if Nexo drops more than your other crypto. Also be careful if you have stablecoins because these do not drop but it will affect the ratio. I keep my Nexo at more than 12% and added a little recently because I have USDC as collateral for my Nexo card. Its a balancing act, however, these ratios are what keeps Nexo viable IMHO
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