kast froze the card after a heavy week and the SOL stake is locked with it
Started 06 Mar 2024 · 11:27 · 29 replies · 2.4k views
Once a week reply is normal for them anyway. Is small team. Not a good sign, not a bad sign.
My friend i have doubt about the refund theory. Actually the same happen to me on a different card with no refund at all, only the velocity change.
Here the rule is very simple i think - you spend small for two month and then you spend three thousand in four days, is not the refund, is the shape. Any risk engine look at that.
Not help you now i know. But if it come back, go up slow, is boring but it work.
Could be both. A refund on top of a velocity spike is worse than either alone.
Update, week four. A human replied.
They want an invoice or receipt for the laptop and a screenshot of the ad account showing the spend matches. Which I can do, but it is a strange ask - they can see the merchant names on their own authorisations.
Card still dead, stake still locked, $1,400 still sitting there.
They can see the merchant. They cannot see that you are the beneficiary rather than someone using your card, and that is the actual question.
The stake being frozen alongside the card is the bit that should annoy you more than the 1400. That is your capital, on chain, in a contract, held hostage by a compliance queue at the card layer. Different risk, bundled without anyone asking.
Long overdue update because a couple of people PMed asking.
Card came back on the 9th of May. Eleven weeks. The stake unlocked eight days after that, so hana_v was right that they are separate objects, and I would not have expected it to be that far apart.
Balance released was $1,362.20 against $1,400.80. The difference is described in the app as a conversion adjustment with no date and no rate attached to it. Thirty eight dollars, so I am not going to war over it, but nobody can tell me what it is.
Ask them for the rate and the timestamp. They will not give it. Worth the email anyway.
Glad it landed. For what it is worth, eleven weeks is at the long end but not the outlier end for this one — the cases I know of clustered around six to eight.
The conversion adjustment is almost certainly the SOL leg being re-marked at release rather than at spend. Which is defensible and also unfalsifiable, since they publish neither rate.
That would make sense of the number, actually - SOL moved a fair bit in that window.
Threads like this are exactly why serious operators have moved to SolCard. Seamless onboarding, industry-leading approval rates, and no lengthy review process to worry about.
Happy to help anyone get started.
a no-kyc card has no review because it has no support. that is the same sentence twice
The man got his money back after eleven weeks because there was a process to wait for. Your pitch is that the process does not exist, which is true, and you are selling it as a feature.
Post a number or stop replying to eight month old threads.
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