Anticipating block reward halving in the summer of 2016, HaoBTC has decided to implement a new interest structure starting May 1.
As a result, the interest rate of Wallet, the flexible interest wallet, will be lowered from the current 3% APR to 2% APR; the starting interest rate of Finance, the fixed term account, will be lowered from the current 12% APR to 6.8% APR; the monthly increment percentage for Finance account will stay unchanged.
Thanks for the info.
What happens with accounts where the interest rate is higher, eg. 14%, does the account with a higher interest rate will be reduced to 12% of base?
Is the table of growth rates in dependence on the investment time is already available?
Existing lock-ins should remain the same (hence you locking in for x period). It should just affect new ones.