Fintech company and DigitalBits ecosystem contributor Zytara announced today that the company has partnered with Deadmau5 as part of the launch of its new banking platform.
Zytara has also unveiled its upcoming XDB Staking Rewards program, where users of Zytara’s MasterCard can earn crypto rewards with every purchase.
Zytara is initially launching this new staking rewards program in the US with XDB, the native token of the DigitalBits blockchain.
The Zytara Mastercard Debit Card will enable users to stake XDB Tokens to become eligible for rewards of up to 11.5% cashback in XDB Tokens.
The highest tier will also offer monthly bonus discounts with certain merchants such as: Xbox Game Pass, Sony Playstation Plus, UberEats, Booking.com, Netflix and Spotify.
Crypto.com’s CRO community reacted negatively to the significant changes Crypto.com recently announced in its Visa Rewards Staking Program.
Zytara has the ability to capitalize on his changes.
For example, Crypto.com’s Ruby Steel Card, which is one of the basics, went from 2% $CRO cashback to 0.5%, plus a monthly cashback cap.
Apart from reducing the cashback percentage, there will be no staking rewards on their mobile app going forward.
By betting your $XDB with this Zytara program, it is possible to increase your earning potential.
How does the Zytara XDB Staking Rewards Program work?
There are 4 different types of card levels in the program:
Black Metal, Elite, Preferred, and Plus
Depending on the amount of $XDB staked, users can earn 11.5%, 7.5%, 5.0% or 1.0%, as shown in the image below.
- Black Metal: Bet $300,000 XDB to earn 11.50% cashback rewards on spends paid at XDB
- Elite Card: Bet $30,000 XDB to earn 7.50% cashback rewards on spends paid at XDB
- Preferred Card: Bet $3,000 XDB to earn 5.00% cashback rewards on spends paid at XDB
- Plus Card: No bets required, and earn 1.00% cashback rewards on spends paid at XDB
Black Metal, Elite and Preferred cardholders are also eligible to earn additional benefits, such as additional discounts or cashback on travel, music, movies and gaming, as shown above, depending on the card tier.
To know more and for terms and conditions visit Zytara website.