Brevis announced on August 13 a new program offering MetaMask Card users a 2.4% fixed annual percentage rate (APR) boost when lending or borrowing USDC on Aave’s Linea market. This bonus applies to a combined limit of 5,000 USDC in collateral and debt, making it a valuable perk for active users.
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Easy Eligibility and Seamless Rewards
To qualify, users only need to complete one transaction with their MetaMask Card. Rewards are calculated every four hours and can be claimed via Incentra, Brevis’s on-chain rewards platform, without the need for extra sign-ups or complex liquidity steps. This setup ensures a smooth experience for users.
Transparency Through Zero-Knowledge Proofs
The program uses Brevis’s zero-knowledge proof (ZK) technology, which verifies lending and borrowing data directly from Aave’s smart contracts. This approach removes the need for manual checks or centralized databases, allowing users to independently confirm the accuracy of their rewards. Every four hours, Brevis computes the user’s time-weighted average collateral and debt, generates proof, and submits it for on-chain verification on Linea.
More Than Just Rewards: Cashback and Community Benefits
Along with the APR boost, MetaMask Card holders can earn 1% to 3% cashback in USDC on purchases. Additionally, they can receive up to 10% back in “Coinmunity” rewards, including tokens, NFTs, or other digital assets issued by brands on Linea. These benefits enrich the overall user experience beyond simple yield gains.
Industry Buzz: MetaMask Stablecoin Speculation
This campaign arrives amid rumors about MetaMask’s potential stablecoin launch—possibly named mUSD or mmUSD—expected later this month. While a native token called MASK has been rumored for years, ConsenSys, MetaMask’s parent company, states no such token currently exists. For now, the focus remains on improving on-chain rewards with layer-2 scalability and ZK proofs, making decentralized finance incentives easier and more transparent.
