And Coinbase brings back Stellar Lumen rewards at 4% for the Coinbase Card. What an unexpected outcome.

I previously posted:

“Got a notification to select a new reward but it appears that there are no options to select from that don’t expire on the 17th of July, 2022. No more Amp at 2%, no more USDC at 1%, no more DAI at 1%, no more Ethereum at 1% and no more Bitcoin at 1.5%. From 4% rewards to 2% rewards to 0%. Honestly can say that the most enticing aspect of using Coinbase as an exchange and service was the reward program and ability to spend cryptocurrency easily. I’m quite disappointed but from a business perspective I understand not wanting to go under by simply trying to sustain their rewards program as this is probably one of their largest expenses. From 4% to 0% in a year. Was nice while it lasted.”

It is clear I was wrong. I’m glad they managed to keep the Coinbase card rewards competitive. I apologize for any FUD I may have caused. Welcome back to the 4%.