How to adjust GLIF+ cash back percentage
This tutorial explains how to change the portion of your interest payments that is eligible for FIL cash back. Adjusting this percentage allows you to control how much $GLF is used on each payment and how much FIL you receive at a premium.
For other tutorials on managing your GLIF+ SP Card, see this page.
NOTE
You can also add or withdraw funds in your GLIF+ cash back vault using the GLIF Command Line Interface (CLI). To do so, upgrade to the latest release. You can find the instructions about the GLIF+ related command on the GLIF CLI on this page.
Step-by-step Guide
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Go to your Agents page and navigate to the Summary section of your Card.
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Navigate to the 'Cash Back %' column and click the pen icon.
The displayed percentage represents the portion of your interest payment that is eligible for cash back. The default maximum is 10%. You may adjust it to a lower percentage.
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Adjust the slider to your desired percentage.
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Click 'Send'.
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Confirm the transaction in your wallet.
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Click the 'Proposals' tab. A 'SetPersonalCashBackPercent' proposal will appear in the Proposals tab.
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Approve the proposal with all multisig signers.
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Once all approvals are completed, the updated cash back percentage will appear in the Summary.
Conclusion
Your cash back percentage has been successfully updated. You can now manage how much of your interest payment is eligible for FIL cash back and optimize your GLIF+ SP Card benefits.
You may want to check out the other tutorials to learn more about managing your GLIF+ SP Card.
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