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Ether.fi, a liquidity restaking protocol, is launching its second year-end reward campaign, "10 Days of ETHmas," for its payment U-card! For ten days, invite friends to join and spend, and both parties will receive a 10% wETH reward .
Core benefits of the event
10% Rewards in Both Directions: Both the referrer and the referral will receive a 10% reward on eligible purchases during the promotion period.
wETH Rewards: This event's rewards will be distributed in the form of wETH (Wrapped ETH), which is real cryptocurrency, unlike the previous event where it was limited to offsetting bills!
Event Schedule (Taiwan Time)
Event period: December 12, 2025, 08:00 – December 22, 2025, 07:59
Creating an account and activating a card through the referral link during this period constitutes a successful referral.
Only eligible spending recorded during this period will be eligible for the 10% reward.
Reward distribution date: Expected to be distributed after the event ends (subject to official announcement, usually at the end of the following month).
Ether.fi ETHmas Reward Mechanism Explained
Reward Calculation Method: The event adopts a "make-up to 10%" mechanism. That is, after deducting the original 3% instant reward enjoyed by the card and the original 1% reward of the referrer, the system will make up the remaining difference (in wETH) to a total of 10%.
1. Referrer Benefits
Friend spending reward: You will receive a 10% reward for eligible spending made by your invited friends during the event period.
Maximum Limit: The feedback you receive from each friend is subject to a regional limit, and there is a limit to your total referral feedback (subject to the latest official announcement).
2. Benefits for Invited Users
Rewards for your own spending: Register and open an account through a referral link, and you can enjoy 10% cashback on eligible spending during the promotion period.
Upper limit setting: Subject to the personal consumption reward limit of the region.
Users in different regions enjoy different reward caps. Please refer to the official region chart below.
Eligibility and Important Notes
Successful referral definition: The invitee must register via the link during the event period, complete identity verification (KYC), and activate at least one card (physical or virtual).
Eligible spending: refers to purchases of goods or services made using the Ether.fi Cash personal card (transactions that have already been billed). Refunds, pre-authorizations, P2P transfers, cash advances, and gambling transactions are excluded.
Reward type: The reward for this ETHmas is wETH, which will be directly deposited into your Ether.fi account.
Anti-fraud: Any fraudulent, abusive, or refund-related behavior will result in disqualification and the revocation of rewards.
Ether.Fi Card Crypto Credit Card FAQs
Q1: How do I get the 3% cashback on Ether.fi Card?
The official account will immediately credit SCR tokens to the account, which users can then convert into stablecoins such as USDC and USDT, or use to purchase BTC and ETH.
Q2: What are the advantages of encrypted credit cards over regular credit cards?
Crypto credit cards typically offer higher cashback rates than regular credit cards, and the cashback is not limited by spending category. They can be linked to tools such as LinePay, Apple Pay, and Google Pay to make purchases across various channels.
Q3: Can Ether.fi Card be used in Taiwan ?
The results of the test in the dynamic area show that you can basically accept VISA payment anywhere in Taiwan, whether it is a convenience store, supermarket, gas station, etc., which can easily meet general consumption needs.
Q4: Are Etherfi cards really safe?
Etherfi cards operate on a non-custodial model, meaning you control your assets and private keys (currently, the official statement indicates that some private key transfer functionality is under update). All transactions are executed through smart contracts, ensuring high transparency and security. Furthermore, the Ether.fi protocol has passed multiple security audits and includes a bug bounty program.
Q5: What if the value of the collateral decreases?
In the lending model, if the value of the collateral declines, leading to an excessively high loan-to-value ratio, the system will initiate forced liquidation to protect the security of the agreement. Recommendation for users:
- Maintain an appropriate loan-to-value ratio (ideally no more than 60-70%).
- Regularly monitor changes in asset value
- Supplement collateral or repay part of the debt in a timely manner
Q6: Can I have multiple EtherFi cards at the same time?
Yes! Users can create and manage multiple virtual cards in the backend, achieving a similar effect to "supplementary cards." The number of cards allowed varies depending on the user's tier.
Q7: What are the main differences between an Etherfi card and other cryptocurrency cards?
The key differences include:
- Non-custodial characteristic : Assets are always under the control of the user.
- True credit function : Supporting mortgage-backed lending for consumption
- No platform token required : No need to purchase or lock up ETHFI tokens.
- High-yield consolidation : Idle funds can earn an annualized return of 11-14.3%.
Q8: Are there any usage restrictions for users in Taiwan?
Taiwanese users can use all the functions of the EtherFi card normally, without any special restrictions. Please note:
- Users in some countries (such as North Korea, Iran, and Myanmar) are unable to use the ATM withdrawal function.
- Taiwan is not on the restricted list, and all functions can be used normally.
Q9: Will you launch a physical card in the future?
Originally, the official website announced in August that free members could apply for a physical card, but recently the application process has been suspended again. The official website stated that the application process will be restarted as early as November (this has not been updated yet).
I successfully submitted my application in early October. The official response was that the expected delivery time would be about 2 to 3 weeks, but I have not yet received the physical card . I will open the box for readers once I receive it.
