Quote from: bias on July 04, 2025, 04:58:08 PM

It seems that we have the same understanding about it. As you said, since deposits become more numerous and their amounts bigger, it's better to drop a bit of the percentage and make the program more sustainable. I don't know when and if this percentage will change upwards, but the sure thing is that as of now, it's more than good.

Well, it seems that May wasn't the best month for a lot of crypto businesses. I'm sure, though, that this is something that can happen and doesn't look "bad". The drop isn't so big. As for the deposits, it's logical to change the rates if they are more than the ones that you (as a team) expected.

This is also a threshold to add VIP levels, which is something I had mentioned earlier. This becomes an added benefit for users who hold funds in (1) Compound Earn and (2) Coin Liquidity, since those funds count toward the VIP level and the corresponding benefits. The "slab" for VIP 1 is $1000 and for VIP 2 is $5000 (okay the level threshold is quite high, I won't say it's cheap).

VIP status is calculated real time, so the 1-minute accrual in Compound Earn will see a positive change as soon as incoming deposits are received in the system.

There are 2 current benefits (more coming soon)
1. Discounted withdrawal fees. So at VIP L2 it's ZERO withdrawal fees
2. Increased 'Compound Earn' rate - so you can 'compound' the compounding using this
VIP 0 = (base rate), currently 19.5%
VIP 1 = (base rate + 0.1)% so currently 19.6%
VIP 2 = (base rate + 0.25)% so currently 19.75%
VIP 3/4/5 = coming in future.

There will be other benefits for our VIP members. I will announce these periodically. Hopefully we are able to add the major things before August, we were hoping to do a Full Launch in August!!!