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Nikita
@0xVishnya
Crypto Cards • Neobanks • Fintech 💳 CM @SuiNSdapp × Founder @SuiCorner Mod @Mysten_Labs @SuiNetwork Sui Maximalist
Joined November 2021
778 Following    6.4K Followers
The Tria card still pays 6% cashback. The token behind it is down 95% DefiLlama counts about $31K of card and perps fees for @useTria in all of September The whole project runs on the token alone Think about what happens to your card and your cashback when the token runs dry
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Is cashback in a token good or bad? It depends on one detail When your dollars turn into the token, and whether you can sell it right away - @Plasma : counts it in dollars, pays every Thursday in $XPL at that day's price - @EthenaPay : same idea, paid daily in $AVAX at the price when it lands - @ether_fi : converts it to $ETHFI when the purchase clears, then locks it for 7 days With Plasma One and Ethena Pay you can sell on arrival and keep what you earned. With EtherFi the price runs for a week before you can claim it, up or down Token or dollars, which cashback would you rather get?
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