Wednesday, January 05, 2022 10:25:47 AM
Any xrp that is beyond the value of $50k, now receives only 1% flex and 2% if locked up.
So as the value of xrp grows, less and less of it will be subject to the hire rates because you can only have $50k worth earning the high rates. Everything else transitions to 1 or 2 % after.
Ow if you tier up and own a higher percentage of your assets in their nexo coin, you can raise the 50k earning 4 or 5% to 75k or 100k or 500k worth of xrp earning top rate. But the more xrp toh hold means the more Nexo you have to buy. And if xrp keeps heading up, you have to keep adding more nexo to chase it.
So while all these airdrops are adding some passive income, I am considering maybe converting them all to Nexo so that I can help maximize the passive income on xrp while also earning the passive income on nexo token. I’m really just trading one passive income token to another.
Nexo just partnered with fidelity and I can see nexo sticking around for long term. Their token is doing very well
Recent XRPUSD News
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- XRP Price Enters Pre-Bull Rally Phase: Crypto Analyst Reveals Next Target • NEWSBTC • 03/27/2024 11:00:34 PM
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- SEC Asks Judge To Order Ripple To Pay Nearly $2,000,000,000 in Fines and Penalties • The Daily Hodl • 03/27/2024 04:55:32 PM
- The Road To $100,000: Bitcoin Whale Accumulation Explodes • NEWSBTC • 03/27/2024 02:00:39 PM
- Ripple’s XRPL blockchain plugs into cross-chain DeFi • Cointelegraph • 03/27/2024 09:11:01 AM
- Aptos (APT) Surges 94% And Approaches All-Time Highs: Will It Break The $20 Barrier? • NEWSBTC • 03/27/2024 01:00:01 AM
- Crypto Analyst Predicts XRP Price Will Rally 800% To $6, Here’s When • NEWSBTC • 03/26/2024 10:00:20 PM
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- Ripple Provided Major XRP Price Discounts To Select Investors, SEC Claims • NEWSBTC • 03/26/2024 09:00:22 PM
- ‘Ripple is well-positioned to pay a significant civil penalty,‘ says SEC • Cointelegraph • 03/26/2024 08:35:59 PM
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- Huge Blow For Ripple As SEC Seeks Mammoth $2 Billion Fines In Final XRP Judgement • ZyCrypto • 03/26/2024 07:14:17 PM
- Ripple CEO Responds To SEC’s Shocking $2 Billion Demand • NEWSBTC • 03/26/2024 04:00:18 PM
- SEC seeks $1.95 billion against Ripple Labs in XRP lawsuit • Crypto Briefing • 03/26/2024 11:33:31 AM
- Hold Onto Your Seats: XRP Primed For 90% Rally, According To Top Analyst • NEWSBTC • 03/26/2024 11:00:36 AM
- XRP Price Prediction: Can Bulls Pump It Again To $0.75 • NEWSBTC • 03/26/2024 09:28:34 AM
- Real-World Use Crucial as Spot Bitcoin ETFs and XRP Trading Volume Skyrocket; Ripple CEO Garlinghouse • ZyCrypto • 03/25/2024 11:19:32 PM
- SEC will ask for $2B in fines and penalties — Ripple chief legal officer • Cointelegraph • 03/25/2024 08:03:42 PM
- Price analysis 3/25: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, ADA, AVAX • Cointelegraph • 03/25/2024 06:40:00 PM
- Ripple CTO Offers Insight into Recent XRP Payments Glitch • ZyCrypto • 03/25/2024 05:18:54 PM
- RippleX addresses XRP ledger’s AMM pool error, advises user caution • Cointelegraph • 03/24/2024 03:42:55 PM
- Top Analyst’s Bold Prediction: XRP Set To Skyrocket 1,500% • NEWSBTC • 03/24/2024 08:00:02 AM
- Ripple’s XRP Army Unveil Crazy Price Milestones As Whales Move Millions Of XRP • ZyCrypto • 03/23/2024 05:44:16 PM
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