An oxidation fee of 0.02% per day is applied to any account which is left inactive for six months, until there is new activity on the account. To avoid this fee, simply perform a transaction on your account.
In order to grow, VeraCash needs to prove that gold and silver are dynamic materials which can serve as cornerstones to the real economy. Just like currency. As a result, inactive – or dormant – accounts which are not in line with VeraCash’s ambitions are very costly to the company: as a reminder, there is no charge to you for the storage precious metals in vaults in a free zone.
Two reminder emails will be sent to you, 30 and then 15 days before the beginning of your account’s oxidation (dormancy).