Crypto.com has lost my trust.

CDC has lost my trust. I hate to say it, because I was completely convinced they were well managed. It's crazy how you can work so hard to acquire customers and build a reputation and lose that reputation within a few weeks. I cashed out my icy stake and won't do business again with CDC. It doesn't matter if CRO goes to $5 or $10 per coin if they can unilaterally make a move overnight that destroys the entire value proposition of the ecosystem. This is the opposite of decentralization or defi. Decisions are being made that impact everyone, but only benefit a select few.

What is the need for holding CRO now? To get a card with cash back that is easily matched by any number of credit cards? To get 4 or 8% interest on your stake that can be changed overnight? To have a metal card when all your friends have a plastic card? You could argue that it's need on the cronos chain, but most casual crypto investors don't get involved in the various projects on the defi wallet.

Maybe some people will buy the dip and come out on the other end with a profit, but I won't have any more of my hard-earned money on their platform. I'd recommend thinking very hard before staking for 6 months or 28 days in defi. We have seen that all it takes is one night or one decision to cause a mass exodus and thus a large drop in the value of your holdings. The big question is, with all the recent snap-decision changes, do you trust the company NOT to mess things up for 6 months?

I hope someone finds this helpful. Best of luck to everyone whether you stay with the platform or not.