news 
MetaMask Card Enhances DeFi Experience with Rewards on Linea
In a groundbreaking move, MetaMask Card has partnered with Linea to offer unparalleled decentralized finance (DeFi) experiences and rewards for users. This innovative collaboration aims to revolutionize the way people interact with DeFi protocols.
As part of this partnership, holders of the MetaMask Card can now enjoy boosted yields and discounted borrowing rates on Aave, alongside cashback incentives on every card transaction. These benefits are available for a combined balance of up to $5,000 per user, beyond which standard Aave rates apply.
Boosted Yields and Discounts on Aave
Users who supply liquidity on Aave can take advantage of a 2.4% boost on USDC deposits, while those borrowing USDC enjoy a 2.4% discount on the base Aave variable rate. These benefits are accessible through a portal powered by Brevis, allowing users to receive USDC tokens directly into their wallets.
Cashback Incentives
In addition to these DeFi yields, MetaMask Card users can earn between 1-3% USDC cashback on purchases, with the highest rate available for those who have the MetaMask Metal Card. Moreover, up to 10% Coinmunity Cashback is offered in the form of DeFi tokens, memecoins, and NFTs. This decentralized, community-driven rewards program aims to transform brand engagement by directly rewarding KYC-verified MetaMask Card users.
Seamless Crypto Spending
The MetaMask Card enables users to seamlessly spend their crypto in real life wherever Mastercard is accepted. This integration not only simplifies the use of digital assets but also enhances the overall value proposition for crypto holders.
Strengthening Ethereum with Linea
Linea, a Layer 2 network, has been designed specifically to bolster Ethereum’s infrastructure, directing value back to its Layer 1 and strengthening its position as a leading digital asset. With this partnership, MetaMask Card and Linea are setting new standards in the DeFi space by breaking traditional financial barriers and offering innovative rewards to the crypto community.
The collaboration between MetaMask Card and Linea underscores their commitment to fostering a more engaging and rewarding user experience within the realm of decentralized finance. By combining these features with the MetaMask Card’s seamless spending capabilities, this partnership has the potential to unlock new opportunities for users.
Source: Blockchain.News
