After that, users have to deposit their 1,000 XRP into the Upshift vault, which takes another fee, leaving them with only 993 FXRP. On top of that, there is a network and service fee of about 1.149875 XRP. Moreover, when it’s time to exit, users also face a redemption fee of about 0.5%. Altogether, the total round-trip cost comes to about 13 XRP on a 1,000 XRP deposit.
Iso Ledger also noted that increasing the deposit size does not change this result. Whether a user deposits 1,000 or 10,000 XRP, the percentage fees stay the same. He also added that the break-even timeline remains unchanged, and larger deposits still face the same delay before users turn any profit.
Risks Tied To EarnXRP Smart Contracts And System StructureIso Ledger also noted that EarnXRP carries trade risks when users borrow and deploy assets across markets. If the price gap between those markets gets smaller, returns can drop. To top it off, withdrawals on EarnXRP can take up to 72 hours, meaning users may not be able to access their funds quickly enough.
