I have had a few simple transparency/functionality issues which I believe could be easily solved if they arent already…
Is there any way I can see the current fees I would have to pay for unshielding and sending out an amount, without actually having that amount to send? (making sure one could withdraw the funds for a fair fee is pretty basic due diligence in deciding whether to deposit funds in the first place…).
As all deposits in provide earn a fee in PRV and “earnings” can only be withdrawn in bulk (not separately), it’s both difficult to track the exact interest I am receiving and the historical data… Would be great if there was more optionality and transparency there. (Also it doesn’t make much sense to keep my prv earnings in btc’s 10% APY while I can withdraw them and deposite them as the PRV that they are receiving 21% APY. Only this means I have o withdraw all the yeilds hence restart the count of the compounding interest thus loosing the nature of compounding pretty much. Is that correct? What am I missing?
Would be great to have some better idea on the security mechanisms in place while my funds are:
A. In my wallet. The difference between shielded and un shielded coins.
B. In provide.
C. Why this cannot be a ponzi
(I know the 3rd question is kind of vague and strange, it’s one I still never got proper answers to, and I realize the concern is still there after using the platform for many months and being involved so I put it there (
Thanks guys and gals,
Much love from never neverland!