Earn While You Spend: How BenPay's Earn Card is Redefining the Use of Digital Assets

Introduction

For most digital asset holders, funds typically have three destinations, each with significant drawbacks:

• Held in exchange accounts: Convenient to operate, but assets are custodied by the platform, raising persistent concerns about security and transparency, and they generally do not generate yield most of the time.
• Left idle in a wallet: Assets are secure, but they are merely "stored" without accessing on-chain yield opportunities.
• Deposited into DeFi protocols: Offers a chance to earn yield, but the process is complex, risks are hard to gauge, and once funds are committed, they are difficult to withdraw instantly for spending.

Users often have to make trade-offs between security, yield, and liquidity.

The BenPay Earn Card was born precisely to solve this long-standing dilemma:

It allows funds to be readily available for payments while simultaneously participating in on-chain yield generation, without sacrificing self-custody security.

I. The Triple Dilemma for Digital Asset Holders

1. The Limitations of "Idle Assets"

When crypto assets are held as stablecoins, their value is relatively stable, avoiding issues of price depreciation. However, if funds remain idle in exchange accounts or cold wallets for extended periods, they miss out on the native yield generated by on-chain protocols. The assets are merely "preserved" rather than being actively "utilized."

2. The Barrier of "High-Threshold Fear"

To grow assets via DeFi, users must first learn a series of specialized knowledge, including wallet creation, private key management, network switching, protocol selection, understanding impermanent loss, and Gas optimization. A single operational error can lead to permanent asset loss, a fear that deters many.

3. The Inconvenience of "Fragmented Liquidity"

Even if users bravely enter DeFi, they face a practical issue: funds are typically locked in liquidity pools or lending protocols, unavailable for daily spending. When funds are needed for payment, they must first be redeemed, await confirmation, and pay high gas fees—a cumbersome and costly process.

II. BenPay Earn Card: Enabling Funds to Grow While Staying Instantly Usable

Addressing the three most common real-world problems for digital asset holders—funds lying idle long-term, excessively high barriers to DeFi operation, and the difficulty of balancing yield with liquidity—the BenPay Earn Card offers a solution more aligned with daily habits.

1. Automatic Asset Growth with Clear, Visible Yield

On-chain yield generation is achieved through BenPay'sDeFi Earn system. After users activate the "Earn" button, the card account balance is automatically connected to curated on-chain DeFi protocols. It's important to clarify that on-chain yield is not interest accrued by the card itself, but rather the result of the card account balance participating in on-chain protocols via the Earn system, a process that remains "invisible" to the user.

Without affecting daily payment use, funds continuously participate in on-chain activities. Yield is settled daily and credited on the same day, starting from 3% APY (subject to real-time protocol yields). Generated yield can further participate in on-chain earning, achieving a balance between liquidity and long-term yield.

2. Keeping DeFi Complexity Entirely in the Background

The Earn Card does not require users to understand protocol mechanisms, compare APYs, calculate Gas costs, or manually reinvest. Users simply need to toggle the "Earn" button, and the rest of the process is automated by the system. The overall experience is closer to traditional payment products while retaining the core advantages of on-chain yield, transforming DeFi earning capability from a "professional tool" into a "basic feature."

3. Maintaining Instant Fund Availability While Earning On-Chain

Unlike traditional DeFi, funds in the Earn Card are not locked in protocols. During daily spending, the card account balance can be instantly transferred to the card balance for direct payment, enabling seamless switching between "growth" and "use."

4. Security Architecture Designed with On-Chain Self-Custody as a Prerequisite

The Earn Card consistently adheres to the principle of self-custody. Users control their own private keys; the platform does not touch or custody user assets. All operations can be verified on-chain. Furthermore, the Earn Card only integrates blue-chip DeFi protocols that have undergone long-term market validation, balancing yield efficiency with minimized systemic risk.

5. Incentive Mechanisms Enhancing User Experience and Community Value

To encourage more users to experience the convenience and value-add of the Earn Card, BenPay launched a referral incentive system upon the card's launch. This not only allows users to enjoy yield during daily use but also provides additional rewards through sharing, creating shared value:

• Free Card Issuance: The first 200 users can get the card for free.
• Invitation Rewards: Successfully inviting a friend to open a card and top up directly earns a $2 USD cash reward.
• Top-Up Gifts: During the event, the top ten users ranked by cumulative top-up amount will receive an additional 3 USDT airdrop reward.

The BenPay Earn Card breaks the binary choice between "idle or locked" for digital assets, establishing a new balance between self-custody, on-chain yield, and instant usability—keeping DeFi's complexity in the background while delivering yield and convenience to users. Simultaneously, users can not only grow their assets while spending but also gain additional rewards through early-stage social referral incentives.

III. Why the BenPay Earn Card is a Breakthrough Product

The BenPay Earn Card is not a simple overlay of existing solutions. Through innovation in its underlying architecture, it achieves seamless integration of traditional finance and on-chain world experiences. Its breakthrough nature is reflected in three levels: product mechanism, technical implementation, and user experience, solving the binary dilemma of "payment" vs. "growth."

1. Unique "Three-Layer Account" Architecture Enabling Intelligent Fund State Synergy

• Self-custody wallet based on the BenFen chain: Users fully control private keys, with 100% autonomous asset ownership.
• Card Account Balance: After activating on-chain yield, automatically participates in curated blue-chip protocols, enabling daily on-chain yield generation.
• Card Balance: Instantly available for global spending.

The "Three-Layer Account" maximizes fund efficiency. The same pool of funds is no longer forced to repeatedly switch between "security, growth, and payment." Instead, under the guarantee of self-custody, it simultaneously participates in on-chain yield generation and instant spending, allowing assets to continuously create value while maintaining liquidity.

2. Ultimate Automation Experience, Minimizing User Burden

• One-Click Yield: Activating the switch automatically completes the entire process, including protocol selection, fund allocation, and yield reinvestment.
• Zero-Gas Payments: Daily spending draws funds from the Earn account. Users are unaware of the underlying redemption and confirmation processes, with no additional fees.
• Transparent Fees: $0 issuance fee, $0 management fee. Daily yield is clearly viewable and verifiable on-chain.

The core of this design is not making DeFi more "complex," but completely removing complexity from the user's perspective. Users don't need to understand protocol differences, Gas mechanisms, or reinvestment logic. The process is automatically completed and verifiably run on-chain by the system.

3. On-Chain Security, Transparency, and Protocol Curation

• Fully Verifiable On-Chain: All operations are recorded on-chain, with transparent processes that are always auditable.
• Curated Blue-Chip Protocols: Only integrates top-tier DeFi protocols that have undergone long-term market validation, ensuring controllable risk.

Achieving a balance between fund security and yield, all operations are verifiable on-chain with transparent processes, and integration is limited to top-tier DeFi protocols validated by the market over time, making asset growth controllable and reliable.

IV. Use Cases: Reconstructing Digital Asset Life

Improving Capital Utilization

Funds held as digital assets can be directly deposited into the BenPay Earn Card. While covering daily spending needs, they participate in the on-chain yield process, allowing funds to maintain higher liquidity and utilization during use.

A Cash Flow Tool for Long-Term Holders

Holders who are long-term bullish on cryptocurrency but require partial liquidity can allocate some assets to the BenPay Earn Card. Without disrupting the original operation of their funds, they can balance daily spending power with asset growth functionality.

An Entry Ramp for DeFi Newcomers

New users interested in but hesitant about DeFi can experience on-chain yield generation in the most simplified way through the BenPay Earn Card, gradually building knowledge and confidence.

V. Industry Significance: A Crucial Step Towards Mainstream Adoption

BenPay's Earn Card reflects a shift in Web3 product thinking: no longer serving only professional players but being designed for a broader audience.

The key to achieving this lies in three aspects:

1. Keeping Complexity in the Background

Users don't need to understand smart contracts, Gas fee calculations, or reinvestment logic. They simply manually activate the on-chain yield button. All other complex processes are automatically handled by the system, offering a user experience closer to traditional payment products.

2. Simple Yet Uncompromising on Core Principles

While operations become simpler, it steadfastly adheres to the Web3 essence of self-custody, on-chain transparency, and openness, allowing users to truly control their assets.

3. Directly Connecting to Real Life

Through the virtual card form, there's no need to pre-convert cryptocurrency to fiat. It can be directly used for real-world spending, and while spending, on-chain assets can simultaneously grow in value.

The underlying philosophy is instructive for the entire industry: true mass adoption is not about making ordinary people learn blockchain, but about integrating blockchain more naturally into the usage patterns users are already familiar with.

Conclusion: Putting Assets to Work

In the traditional financial system, funds often exist in two states: either used for consumption or sitting idle in accounts. The BenPay Earn Card organically combines the two: funds continue to participate in on-chain operations while awaiting spending instructions. It enables every asset to maximize its value under secure, autonomous conditions, improving capital utilization. Whether for daily payments, asset growth, or cash flow management for long-term holdings, users can freely allocate funds within a unified account system, achieving "spend and earn simultaneously."

Disclaimer

The content of this article is solely for introducing the product features and usage of the BenPay Earn Card and does not constitute any form of investment advice or yield promise. Digital assets are subject to price volatility and potential risks. Users should exercise independent judgment and bear corresponding risks when participating in on-chain yield generation or related financial activities.