Crypto.com Coin
$0.15498 1.91%
CRO · 2w

New Fiat linked rates

So everyone has been looking forward to this for a while, me included, seems a way to make it clearer, and fairer however... Looks like crypto.com just kneecapped it... Cardholders who stake CRO for a card based on the new fiat-based rates will receive the exact amount of CRO back when they unstake. For example: a. A user stakes 5,000 CRO for a Ruby Card, when 1 CRO = USD $0.08 ($400/$0.08) b. When that user unstakes, 5,000 CRO will be returned to them, regardless of whether the price of CRO is higher or lower at the time of unstaking. If the value of cro falls, you're screwed, if it rises you're ok...
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