Gemini Earn users may face a potential 70% reduction in promised bitcoin payouts under the proposed reorganization plan, according to a recent blog post by the cryptocurrency exchange. Gemini Earn is a bitcoin rewards program offered by the exchange that incentivizes users to hold cryptocurrency with the exchange. Under the proposed reorganization plan, the maximum annual percentage rate (APR) for Gemini Earn rewards will be reduced from10.3% to 3%. This means that users will receive significantly less in rewards than what was initially promised when they signed up for the program. Furthermore, this could also result in users having to move their funds elsewhere in order to earn higher rewards than what is now on offer. The proposed changes are currently under review and have yet to be finalized.
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