Skip to main content

Upgrading mid-way through a lock period

Overview

If you are already on Core with XPL locked and want to upgrade to Platinum, you do not need to start from scratch. The app will show you exactly how much additional XPL you need to lock, and your existing lock is absorbed into a fresh 12-month Platinum lock from the date of your upgrade.


How it works

When you tap on the progress bar from the Tiers tab, the app calculates how much additional XPL you need based on what you have already locked. You only need to lock the difference.

For example:

  • You locked 20,000 XPL for Core

  • You want to upgrade to Platinum (100,000 XPL required)

  • You need to lock an additional 80,000 XPL

  • All 100,000 XPL is then locked for a fresh 12 months from the date of your Platinum upgrade

Your existing Core lock is absorbed into the Platinum lock. It does not run as a separate lock or expire earlier.


How to upgrade mid-lock

  1. Go to the Tiers tab in the app

  2. Tap progress bar on the progress bar

  3. Upgrade to Platinum

  4. The app will tell you how much more XPL you need

  5. Confirm the lock

Your Platinum tier is active immediately. The full XPL amount is locked for 12 months from the date of your upgrade.

If you do not have enough XPL, you will be taken to the Buy XPL flow to top up first.


Upgrading from a Core USD subscription mid-way

If you are on a Core USD subscription and want to upgrade to Platinum, your Core subscription is cancelled immediately and your Platinum tier is activated. You will need to lock 100,000 XPL to access Platinum.

There is no partial refund on the remaining subscription period.


What happens to my lock after 12 months?

At the end of your 12-month Platinum lock, you will receive notifications as your expiry approaches. If you do not renew your lock, your account moves back to Lite.


Terms

Full details on cashback eligibility, referral conditions, and tier benefits are in the Plasma One Rewards Addendum.

Rates, amounts, limits, eligible merchants and perks are the parameters currently in effect. They are variable and may change prospectively in accordance with the Plasma One Rewards Addendum.

XPL is a digital asset. It is not legal tender, is not a bank deposit, is not government-backed, and is not FDIC or FSCS insured. Its value can fall as well as rise and may decline to zero.

UK users: Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk. See the additional disclaimers here.

Did this answer your question?