2025-12-04 16:36:45

A certain Web3 project recently disclosed the benefit details of their Card product, and it looks quite enticing.

This tiered cashback system offers up to 6% at the highest level, but unlocking higher tiers depends on the amount of tokens you hold in your wallet. The whole design follows a non-custodial approach—asset control always remains with the user, while the cashback rules can automatically adjust based on your holdings.

In simple terms, the more tokens you hold, the higher the cashback, making it suitable for those who want to earn returns without handing over their assets to the platform. This approach of tying performance to user autonomy is indeed a unique selling point in the current crypto payments space.

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Anon32942

· 12-07 16:08

Holding tokens for 6% cashback? Sounds pretty good, just not sure how strict the threshold is... Non-custodial is definitely convenient, but if the automatic adjustment rules change quietly one day, I might not even notice. This approach is actually quite novel, I’ll have to try it out myself before making a judgment. Honestly, having to hold tokens and wait for cashback makes it feel like you have to put in quite a bit of money for it to be worthwhile. 6% sounds nice, but these days, if a Web3 project gives you a good deal without screwing you over, it hardly counts as one.

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OffchainWinner

· 12-07 02:06

6% cashback sounds nice, but it still depends on your holdings. This trick is nothing new. Non-custodial is a buzzword, but how many people can actually reach the higher tiers? I don’t have that many tokens anyway. These kinds of card products are everywhere. Differentiation? Let’s wait and see. To be honest, I don’t want to be tied down again. The louder a project talks about autonomy, the more suspicious it seems. They make it sound good: the more tokens you hold, the more you earn. But what happens when the token price drops? Can the returns really make up for it? It looks logically sound, but is this non-custodial approach really safe, or is it just another new gimmick? Setting a high token holding threshold does filter people out, but it also means that early adopters are the real winners.

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AirdropHustler

· 12-06 20:04

6% is just a gimmick—the key is still where the holding threshold is set. --- I like this non-custodial approach, but you have to be careful with the automatic cashback adjustment to avoid being exploited. --- Once again, token holdings determine everything. Small retail investors are destined to just run along for the ride. --- Differentiated selling points sound good, but I’m just worried they’ll pull some tricks later on. --- The more tokens you have in your wallet, the higher the cashback—there’s nothing wrong with that logic, but how many people can actually lock in 6%? --- Autonomy is nice, but has anyone calculated the cost to unlock the higher tiers? --- This kind of binding model looks like a win-win on the surface, but it’s really just encouraging you to go all in. --- I give full marks for being non-custodial, but how long can they keep the 6% promise? --- Here comes another player in the payments track—new gimmicks every day, but the profit model is still the same old story. --- The more tokens you hold, the better it is—so how are new players supposed to participate?

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DaoResearcher

· 12-04 17:06

According to the tokenomics model in the white paper, this 6% cashback design actually contains a risky assumption—that token holdings are positively correlated with user stickiness; however, on-chain data often proves otherwise. It’s worth noting that the automatic adjustment mechanism under the non-custodial model may face oracle risks, so it’s recommended to thoroughly examine the details of their governance proposals before getting involved.

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NestedFox

· 12-04 17:06

6% cashback sounds pretty good, but the real barrier is the required token holdings. Non-custodial is definitely a plus, but I’m worried it’s just another “looks attractive but not very practical” design. The more tokens you hold, the more cashback you get—makes sense logically, but in the end, it all depends on actual operations. This selling point is indeed novel in the payments space, but who knows how many people will actually use it.

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GasFeeAssassin

· 12-04 16:57

6% sounds like a lot, but you have to throw tokens into the wallet, feels like the same old trick. The non-custodial part is nice, but what's up with the automatic adjustment rules? Feels a bit like a black box. The more tokens you hold, the more cashback you get, so retail investors are still just giving money away, huh? These kinds of card products launch every day, is there any that isn’t just out to fleece users? Wait, is it really non-custodial or just smoke and mirrors? You have to check the fine print for any traps.

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FundingMartyr

· 12-04 16:50

6% yield? Sounds good, but the key is how the holdings are calculated. The more tokens you hold, the better—it’s a familiar logic, just hope it’s not another empty promise. Non-custodial is definitely a highlight, at least you don’t have to worry about your funds disappearing. There are a lot of these Card products these days, so it depends on how well they actually operate. Wait, what token will it be paid out in? I didn’t quite catch the details.

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HappyMinerUncle

· 12-04 16:46

6% cashback sounds pretty good, but it still depends on your holdings. Holding more tokens is definitely appealing, but the threshold is a bit steep. Non-custodial is a decent move, at least the assets are still in your own hands. Trying to earn and stay safe at the same time, this model really addresses the users' needs. It all sounds nice, just worried there might be some unexpected issues later on.

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AlphaWhisperer

· 12-04 16:44

6% cashback sounds nice, but the premise is you have to put money in, right? --- Non-custodial is definitely comfortable, just afraid they might pull some tricks later on. --- Tying cashback to token holdings is a typical rich man's game, retail investors better forget about it. --- Why does it feel like every project ends up using this trick, one cashback lure after another? --- Wait, does this card really offer 6%, or is that just theoretical? Has anyone actually used it? --- I really value the non-custodial aspect, definitely feel safer than handing it over to a platform. --- Another thing that looks tempting, but once it's officially launched it'll probably get nerfed.

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MultiSigFailMaster

· 12-04 16:36

6% cashback sounds nice, but how many people can actually get it? --- Again with the token holding requirement, small investors are always just along for the ride. --- Non-custodial is indeed attractive, but I’m just worried they’ll come up with some trick to restrict withdrawals later. --- I like this logic—let the whales earn from other whales, and small fry shouldn’t bother. --- Damn, isn’t this just another form of class stratification? --- The more tokens you hold, the higher the cashback. It’s just a new way to fleece small investors. --- Wait, automatically adjusting cashback rules? Isn’t there something fishy going on here? --- I trust the non-custodial approach, but I don’t believe in the 6% promise.

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