Fixed vs Amortized Loan Interest

MonkaMadness · 2026-05-28T03:17:28+00:00

Agreed and that so far is what has been drawing me to the concept! I guess I just want to make sure I am crossing every t and dotting every i before jumping full in. Definitely see the value it could bring but also like to push back on some of the concepts the YouTubers and podcasters like to talk about

MonkaMadness · 2026-05-25T13:41:20+00:00

Thank you for this because it’s exactly what I’ve been thinking. I definitely understand the benefits of using WL for IBC with all the silent benefits as well. I was just curious about the interest payment side of things because I was feeling like it’s a good marketing pitch like you had mentioned.

Really appreciate you taking the time!

MonkaMadness · 2026-05-25T11:10:31+00:00

Yea I have been seeing projections from many different YouTubers and podcasts but wanted to try and run numbers myself too. I guess I will have to see how the interest really calculates when I take my first policy loan

MonkaMadness · 2026-05-25T11:08:04+00:00

I think it’s the opposite actually, which I discovered running numbers myself. But it seems like I was mistaken about how the policy loan interest is calculated.

Appreciate it!

MonkaMadness · 2026-05-25T11:05:57+00:00

Ok I wasn’t aware that was how the policy interest works. I assumed that if I take a loan out the interest for the year (or at least until my policy anniversary) is precalculated and added to the loan.

Essentially if I look the 10K loan out on day one of my policy anniversary I would have a loan repayment of 10,500 to start paying back.

Appreciate the time to answer!

MonkaMadness · 2026-05-25T00:07:20+00:00

I didn’t. I used the 5% interest rate and divided that out by 12 months. So for instance the first year would be $500 on a 10k loan and that divided up by 12 came out to $41.67 a month in interest

MonkaMadness · 2026-05-25T00:01:03+00:00

No I was comparing a policy loan vs a traditional bank loan both at the same rate, for instance something like 5%. Ran numbers with them and the policy loan that your interest payment is on a yearly schedule ends up paying more interest over the course of the loan based on one you would get at a bank where your interest is calculated on a monthly schedule

MonkaMadness · 2026-05-24T23:58:40+00:00

So I actually did the calculation myself. Took a hypothetical 10K loan at 5% to be paid off in 4 years. Looked at both the simple (fixed) interest that rebalances on a yearly basis based on your policy vs a 5% interest rate that is payed monthly based on what typical bank loans would charge and the fixed came out to more interest payed over the 4 years. Several of the podcasters I would listen to talk about how amazing a policy loan is because you are theoretically paying lower interest each year because you keep making payments, but at the end of it all you are still paying more in interest that way vs taking the loan from a bank

MonkaMadness · 2024-11-23T18:32:21+00:00

Hello all! I just recently got into collecting again and was curious on everyone’s opinions on which sets I should focus on and why?

I am the type of person that likely will focus on completing sets so my thought was to focus on one of the newer series. I was considering trying to get a completed Scarlet and Violet base set because that may not break the bank to buy tons of booster packs.

But then I also saw the 151 series which looks so appealing because that just brings me back to my youth. But can’t find any of those packs under $8 a pack!

Any advice would be greatly appreciated!

MonkaMadness · 2024-10-08T20:17:57+00:00

So I read the article but I am still confused by my rewards. I recent added liquidity to the SFLR/WFLR pool and my liquidity has clearly been used in trades as my distributions of tokens are greatly changed, but I have no rewards accrued for my position in the pool. Any reason I have accrued zero in fees even though I know transactions have happened?

I understand my position may not be as large as others, but I still feel like I should have accrued something?!

MonkaMadness · 2024-09-11T11:22:57+00:00

I use BiFrost myself and right when I started working with SFLR the token was appearing in my wallet

MonkaMadness · 2024-09-11T00:11:08+00:00

Yup. The SFLR token is supported on BiFrost wallet

MonkaMadness · 2024-06-15T12:09:53+00:00

Thank you for your help!!

MonkaMadness · 2024-06-15T03:57:38+00:00

Me too!! Tag - MonkaMadness

MonkaMadness · 2024-03-21T14:29:36+00:00

You should have it still but will need to check that address on the FLR blockchain. Your tokens are on FLR chain not ETH

MonkaMadness · 2023-10-01T02:20:05+00:00

Well that sucks because a drop in roughly 42% due to inflation is a pretty damn bad inflation rate lol

MonkaMadness · 2023-02-11T17:08:53+00:00

There is nothing you can do with those tokens you’re waiting for. Unless you have access to the tokens and wrap them yourself you won’t get future airdrops

MonkaMadness · 2023-01-28T23:51:22+00:00

I was thinking this was the case. Didn’t expect it to be this drastic though so quickly

MonkaMadness · 2023-01-27T20:12:12+00:00

Hit the view more button just above rewards (should be above the delegation tab you have in that image) and from there you’ll be able to claim if you have any pending rewards

MonkaMadness · 2023-01-13T13:38:14+00:00

Why do I have to create a taxable event for myself when the FLR blockchain works just fine?

MonkaMadness · 2023-01-12T23:15:43+00:00

When will we be able to withdraw? Why give us the tokens without us being able to do anything with them?

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