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Cryptolistica
May 1, 2022 2:21 PM

Goodbye CRO Short

Crypto.com Coin / TetherKuCoin

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Solartje
wtf... the earn cap was harsh, but no cro rewards is just 😳 the 10% cro /3% back , is why everyone would get the jade card and go to cdc.

just moved cdc from bluechip to the shady pile. man cdc could become the biggest cex , now they killed it.
rmnlowery
Just ditched my black card, cya CRO bye
afebrianto
First of all thanks for the link, i just noticed this post

CMIIW
from the post, things i could understand are:
1. they adjusted card spending reward (read: cashback(?)) ?
2. apply card rewards monthly cap
3. no staking reward for jade and later
4. Increased % back on Card Spending

what is the different between no 1 and 4 ?

idk from my perspective is they trying to reduce the supply of CRO, resulted from reward and staking but keep the card rebates and perks as is - so the price would stable over time - maybe

wdyt @Solartje @Cryptolistica
Cryptolistica
@afebrianto, I think CDC is just manipulating price to buy back all the CRO they've given away with staking rewards. When price is low and they've accumulated enough they will change policies again.
Solartje
thx for the link. sold my cashback but still 58days staked. nothing worse than rugpulling and not being able to withdraw. by that time cro will be sub 0,10... fml.

i started crypto in nov 21. its been one giant bloothbath. movr, slp, cro.. cruel place. may might be capitulation month. game over.
Cryptolistica
@Solartje, We are all in the same boat. I unstaked, sold the profits and restaked so I'm still 111 days staked. I'm sure 90% of everyone invested in CRO is in the red now or diminished profits.
Jaskoc83
wish I known this few months back
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