What are Reserved Funds?

  • These are stablecoin deposits to be held on reserve until further notice.

How are my reserved funds calculated?

Calculating the percentage of reserved funds is based on factors such as:

  • The user’s balance on 15 June 2022 (23:59:59 UTC)

  • The percentage of their asset contribution to the entire pool

  • The portion of that asset affected by illiquidity at this moment

The following criteria are applied:

  • Withdrawals initiated before the end of 15 June 2022 (23:59:59 UTC) that were not processed (failure or rejection) will be excluded from this reserve and are available for withdrawal

  • Any assets deposited after 15 June 2022 (23:59:59 UTC) will be excluded from reserve and are still available for withdrawal according to the new limitations imposed

Where can I see my reserved funds?

  • Download the latest version of the mobile app (version 0.49.0)

  • Log in to the mobile app

  • Tap on your asset under Stablecoins Vault

  • To learn more, tap the "i" icon beside Reserved Funds.

  • Another way to view your Reserved Funds is via the web app. Visit app.finblox.com/assets

Will I get yield rewards on my reserved funds?

  • Starting 1 July 2022, only funds under Available Balance and new deposits made after 30 June 2022 will accrue yield rewards.

How do I withdraw my reserved funds?

  • TBD. We hope to have a timeframe available soon, as it depends on numerous factors, including market conditions and liquidity.

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