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MindlessSelf

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MindlessSelf

Re: ap17 post# 32749

Friday, 10/28/2022 10:55:51 AM

Friday, October 28, 2022 10:55:51 AM

Post# of 35974
I locked up my initial balance for 6 months in the promo rate. I left the interest out in flex. I guess if the interest earns a daily rate overnight then I will know I have option to lock that up in a separate fixed promo rate if desired.

I kind of like the idea of keeping a small bag loose just in case xrp makes a run on news. Would be nice if it still earns the daily flex rate while I wait for the run up on good news.

Part of me wonders why Nexo was doing this promo for xrp. I speculated that they are worried of a massive sell off on case settlement so they locked us up for 6 months to decrease volume volatility on their platform. When the case dragged on, they extended the promo another 6 months. Just my thoughts
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