Plan Policy


How to Join Saving Plans

  1. Login to your Velo account.
    Go to Dashboard and make sure your funds are in your Spot Wallet or Funding Wallet.
    Choose your preferred VIP Plan (Bronze, Silver, Gold, Diamond, or Crown).
    Lock the amount you want to invest (within the plan’s minimum and maximum limits).
    Earn daily interest automatically, your income is credited daily and can be withdrawn anytime.
    After the plan period ends, your principal is automatically transferred back to your wallet.


  2. Income Calculation Example (Bronze Plan)
    Bronze Plan Details:
    Minimum: $3,000
    Maximum: $10,000
    Daily Interest: 0.60%
    Lock Period: 10 Days
    Example:
    If you lock $10,000 in the Bronze Plan:
    Daily Income = $10,000 × 0.60% = $60
    Total Income after 10 Days = $60 × 10 = $600
    So after 10 days, you earn $600 in interest, plus your principal ($10,000) is returned.


About Liquidated Damages
If you withdraw before the 10-day lock period ends, a penalty fee will be charged:

Penalty Formula:
Penalty = Default Settlement Ratio × Remaining Days × Locked Amount

Example:
Locked Amount: $10,000
Default Settlement Ratio: 0.4%
Remaining Days: 4

Penalty = 0.4% × 4 × $10,000 = $160

Refunded Principal = $10,000 − $160 = $9,840

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