Replies to post #30957 on Ripple (XRPUSD)

[ap17]

4% to 5% up to 50k. After that 1%

Balance Thresholds: A New Nexo Loyalty Dimension
With our new balance thresholds your yield will be based on both your Loyalty level and the size of your BTC, ETH, XRP, and LINK holdings. Please note that these updates will impact your yields only for the amount above the balance threshold in your current Loyalty level and that they apply per each of these four assets. There are no balance thresholds for the remaining assets in your portfolio.

[MindlessSelf]

If you are a base rate customer meaning you hold no nexo tokens, the first $50k usd value of xrp receives 4% apr flex or 5% if you lock it up for 30 days.

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