You got skewed!

If you're not mad you should be! The massive change to the vlp program is worse and even the negative people are letting on! Let me explain.

First of voyager got 40 million tokens which they can spend however they want. And in just 8 more months they will get another 20 million more tokens! This is 60 million tokens earning 7% for them! Let's do the math... 7% of 60 million is 4.2 million coins that they are given extra every month. Or at current prices $12 million a year or $1 million/month. IF they have 100 million in bitcoin from customers that participate in the program and if they give out 1% that's $1 million. Or $1 million thats probably going to get dumped on the market each month. And money that they now don't have to pay out of pocket! (Now I don't believe they are even paying this out as I don't believe most people would pay $15k to get 1% in a token that doesn't do much and gives them less than other companies)

I told you guys this before that if they drop rates (which they can and others don't then the program will only get worse!) 4.75% is what is going to be paid out in bitcoin! Celcius pays 6.2% which is 1.2% higher without having to own some stupid token! FTX pays 8% up to $10k and 5% after that which is a higher base! $20k would still give you 6.5% at FTX! Holdnaut gives over 7.4% so that more than voyager by a landslide and up to 2 BTC and since less than 800k people in the world have 1 BTC if you have 2 then there's less than 600k people that have that!

The debit card! Are you freeking kidding me! 3% if you're navigator! Why pay $60k to get 3% when I can get a coinbase debit card and earn 4%! But you get 9% on usdc! Who cares! Are you bad at math! 9% is less than 1% a month most people who get paid spend their money in 1-2 weeks! Even if you waited 30 days before spending all your money you are still getting less than the 4% coinbase is giving! Oh and you're getting it in a vgx token that most people will sell anyway which again will cause even more selling pressure!

There's 1000% nothing that makes anyone want to hold this token! And maybe people will be gullible to buy into it. (Like people on binance and coinbase where they get 0 value from owning it) they do say there's a sucker born every day after all!

There is some hope though. When Europe comes the token will pump in anticipation. I'd hold out for that instead of selling right away. BUT it will be a buy the rumor sell the news event so be sure to get the fuck out when it pumps.

Also there's some very very little hope if enough people are dumb enough to use the 1-3% back debit card then maybe all the rewards will get used and voyager will have to buy them off the market. (Fat chance though and let me explain why.) They will have $1 million in rewards in just intrest alone remember. For them to go through that at just 1% there would have to be $100 million dollars spend in debit card purchases every month! Possible? Yes! But probable? No. Why? Cuz in order for you to even get the 1% you need to spend $1,800 in vgx most people on the platform have less than $6k! So 1/3 of all their money is not going to be in vgx again especially when they can get better rates and higher debit card rates elsewhere. Not including the $15 grand you'd have to spend in vgx to get 2% which my citi card already give me! So how many people are going to actually use this? Very few. Maybe dumb people like DJ crypto.

Do the math guys! If you had been giving vgx at $7 for you're bitcoin rewards you'd be down over 60%! At the same time even at bitcoins high in march of $63k you'd still be only down 25%! Also if you want your bitcoin rewards now you have to sell your vgx and buy bitcoin which causes 2 points where voyager makes more money! Don't get me wrong it's a great financial decision for voyager! They are going to save tons of money and make more money all at the cost of you the customer! And scary part is at any time they can change the program to benefit them more and not you! Voyager doesn't care about vgx they care about them period.

PS! The burning tokens is scrapped! They removed it from their website. So any hope for that is gone. The token just keeps getting worse not better.