Ether.fi introduces its 10% ETHmas cashback program

In this post:

• Ether.fi has introduced its 10 Days of ETHmas promotion, which offers users up to 4% cashback in ETH.
• All cashback earned during the campaign will also be denominated in wETH.
• Ether.fi maintained that the cashback reward cannot be transferred, auctioned, traded, copied, transferred, bartered, modified, or sold.

Ether.fi on Friday announced an Ethereum cashback program called the 10 Days of ETHmas promotion, where users can earn up to 4% cashback in ETH. The firm will also offer 10% cashback in ETH when a user invites their friends and spends with their Ether.fi Cash card, the reward will be available to both parties.

The decentralized staking protocol revealed that the cashback program will have a limited-time offer from December 12, 12:00 AM UTC – December 21, 11:59. Ether.fi also acknowledged that all cashback earned during the campaign will be denominated in wETH. 

ETHmas offers $5,000 referrer cap and $200,000 campaign cap

The rewards will be distributed on or before January 31, 2026. The ETH staking protocol will distribute the 10% cashback rewards minus 3% cashback awarded instantly at the time of purchase, and referrals’ 1% cashback on the referred member’s spend bonus awarded instantly at the time of purchase.

The campaign will offer up to $200,000 in rewards equivalent in wETH cashback shared across all eligible participants. Ether.fi said it may reduce or stop future accrual of ETHmas Rewards once the cap is reached, even within the campaign period.

The digital asset firm said the total ETHmas Rewards from all referrals combined is capped at $5,000 in cashback rewards. Users will earn 10% cashback on each referral’s eligible December Qualifying Purchases, up to the regional per-user cap. Invited users will also earn 10% cashback on their own eligible December Qualifying Purchases, up to their regional self-spend cap.

Source: Ether.fi. 

ETHmas Rewards subject to regional caps per user.

According to the announcement, the campaign also has restrictions, including limited access to some jurisdictions. Ether.fi said that regions not listed or marked N/A mean that the promotion may not be available in those regions. The firm also said it reserves the right to modify or cancel the Offer at any time.

Etherfi limits ETHmas Rewards to one per verified user

The campaign will be limited to one per verified user on the digital asset platform. Ether.fi said the cashback program may include a minimum stake requirement for a user to be eligible to receive any cashback. The firm also requires the stake requirement associated with the offer to be met within 30 days of the initial date of the offer. 

Ether.fi maintained that the cashback reward cannot be transferred, auctioned, traded, copied, transferred, bartered, modified, or sold. The cashback program also won’t be applied retroactively. The firm warned that the program’s terms and conditions are subject to change at any time without notice.

Users are also reminded that they’re responsible for paying any applicable tax related to the use of the cashback offers. The firm said it has no obligation for payment of any tax in conjunction with the distribution or use of the cashback offers.

Ether.fi warned that customers may be disqualified or not be entitled to receive the cashback reward if they are found using a VPN, shared device, shared identification credentials, or engaging in other prohibited conduct. The firm said it has the right to delay, withhold, reverse, or reclaim any rewards obtained in violation of its terms.