Learning the friendly way

Harvest Finance is a decentralised yield farming protocol that automates the process of earning maximum returns on crypto investments. Launched in 2020 on the Ethereum blockchain, it functions as a yield aggregator that automatically moves users' funds between different DeFi protocols to capture the highest available yields. It now operates on additional blockchains such as Binance Smart Chain and Polygon.

The platform was designed to solve one of the biggest challenges in DeFi yield farming: the time and expertise needed to constantly monitor and switch between different protocols to maximise returns. Instead of users having to do this manually, Harvest Finance does it automatically, making yield farming accessible to everyone.

TLDR

Automated yield farming: Harvest Finance is a DeFi protocol that automatically farms the highest yields available from various DeFi protocols and pools, optimising returns using advanced farming techniques.

Yield aggregator: Harvest Finance serves as a yield aggregator where assets are deposited into strategic vaults to maximise their yield.

Vault system: Users deposit their crypto assets into specialised vaults, receiving fTokens in return that represent their share of the vault and accumulated rewards.

Native token (FARM): FARM is the governance token that allows holders to vote on protocol parameters and share in farming revenue. FARM token holders can vote on proposals for the operational treasury and may receive a fee from Harvest operations

What is Harvest Finance (FARM)?

Harvest Finance simplifies the complex world of yield farming by creating an automated system that does the hard work for users. When you deposit your crypto into a Harvest vault, the protocol automatically deploys your funds to various DeFi platforms that offer the best returns at any given time.

Think of it like having a professional fund manager for your crypto, but instead of a human making decisions, smart contracts automatically move your money to wherever it can earn the most. The protocol automatically farms the highest yield by moving funds between farming pools on your behalf, eliminating the need for users to constantly research and switch between different platforms.

The platform supports various types of assets including stablecoins, popular cryptocurrencies, and liquidity pool tokens. When you deposit assets, you receive fTokens (like fUSDC for USDC deposits) that represent your share of the vault and track your earnings over time.

Harvest Finance's goal is to make yield farming more accessible by automating the process and optimising the potential returns using the latest farming techniques, bringing sophisticated DeFi strategies to everyday users.

Who created Harvest Finance?

The founders of Harvest Finance remain anonymous, which was common for many DeFi projects launched in 2020. The team is completely anonymous, though the project succeeded in attracting a relatively sizable community and has been involved in the community by doling out grants.

Despite the anonymous nature of the founding team, Harvest Finance has built a strong reputation in the DeFi community through its transparent operations and community involvement. The token was distributed via fair launch with no token sales to investors, demonstrating the team's commitment to decentralised principles.

The project launched during the height of the 2020 DeFi summer when yield farming became extremely popular, and the anonymous team capitalised on the growing demand for automated yield optimisation tools.

How does Harvest Finance work?

Vault Strategy System

The platform operates through a system of specialised vaults, each designed for different types of assets and risk profiles. When you deposit crypto into a vault, you receive fTokens that represent your share of that vault's total holdings.

The magic happens behind the scenes, where the protocol's strategies automatically deploy your funds to various DeFi protocols like Compound, Curve, Uniswap, and others based on where they can earn the highest yields. The system constantly monitors yield opportunities and automatically rebalances to maximise returns.

Automated Yield Optimisation

Harvest Finance's protocol design automatically farms the highest available yields and distributes the profits to users in the pool. This means users don't need to understand the complexities of different DeFi protocols or spend time managing their positions.

The protocol uses sophisticated algorithms to determine the best allocation of funds across different yield farming opportunities, taking into account factors like APY rates, smart contract risks, and gas costs for rebalancing.

Profit Sharing Model

When the automated strategies generate profits, these are shared among all users in the vault proportional to their deposits. A portion of the profits is also distributed to FARM token holders who stake their tokens in profit-sharing pools, creating an additional incentive layer for the community.

What is FARM?

FARM serves as the governance and profit-sharing token of the Harvest Finance ecosystem:

• Governance Rights: Holders can vote on protocol parameters and propose or veto the introduction of new Vaults, giving the community control over the platform's direction.
• Profit Sharing: FARM, when deposited in Profit Sharing pools, becomes a means of participating in farming revenue, allowing token holders to earn a share of the protocol's success.
• Protocol Incentives: Harvest at launch required a native crypto so as to be able to incentivise yield farmers, and allow Harvest to stake other platforms and collect rewards in return.
• Community Participation: The token creates alignment between users and the protocol's long-term success, as both benefit from higher yields and more efficient farming strategies.

FARM operates as an ERC-20 token on Ethereum, making it compatible with the broader DeFi ecosystem and easily tradeable on decentralised exchanges. While FARM is originally an ERC-20 token, it also exists on other blockchain platforms such as Polygon and Binance Smart Chain, expanding to multiple blockchains to offer yield farming opportunities across different ecosystems

How can I buy and sell FARM?

For those looking to participate in automated yield farming, FARM tokens are readily available through the Tap app. You can purchase, sell, and store FARM tokens securely while managing them alongside your broader crypto portfolio.

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Building wealth doesn’t require a finance degree, a huge bank account, or advanced knowledge of the stock market. What you need most is clarity. Understanding the basics of investment can help you reach major goals like buying property, funding your education, or planning for retirement. When you learn how to put your money to work, you create opportunities for long-term growth, greater financial security, and even future revenue streams.

This guide breaks down what an investment is, how it works, the different types available, and how you can start today.

What Is an Investment?

An investment is something you purchase with the expectation that it will increase in value or generate income over time. You trade resources (usually money, but sometimes time or effort) for a future benefit. In simple terms, investing is like planting a seed today that grows into a tree tomorrow.

In finance, investments can include assets such as stocks, bonds, real estate, commodities, cryptocurrencies, mutual funds, and other financial instruments. These assets may generate profit through interest payments, dividends, rent, or increases in market value.

Outside of money, people also “invest” in education, skills, or personal development. The idea remains the same: you commit resources now for long-term reward. Whether you’re an individual saving for the future or a corporation expanding operations, investment is a powerful tool for building wealth and increasing economic value.

How Do Investments Work?

Investments typically generate returns in two main ways: income and appreciation.

1. Income

Some investments pay you regularly even if you never sell them. Examples include:

• Dividends from stocks, which come from a company’s profits
• Interest from bonds, which compensates you for lending money
• Rent from real estate properties
• Coupon payments from fixed-income securities

Income-focused assets can help you create predictable cash flow, support long-term goals, and diversify your portfolio.

2. Capital Appreciation

Appreciation occurs when an asset increases in market value.
Example:
You buy a share for $100, and later the share price rises to $150. If you sell it, your profit is the $50 gain minus any cost or tax.

Most investors rely on a mix of income and appreciation depending on their financial strategy.

Risk and Return

All investments involve risk, such as:

• Market volatility
• Credit risk (for bondholders)
• Depreciation of property or goods
• Currency fluctuations
• Liquidity constraints

In general, higher potential return usually comes with higher risk. Understanding your risk tolerance is essential for proper portfolio planning and long-term success.

Compounding

Compounding occurs when your earnings begin to generate additional earnings. For example, interest added to a bank account earns more interest later. Compounding accelerates wealth-building and is one reason long-term investing is effective.

Types of Investments

There are many investment vehicles available in the marketplace, each with distinct features, costs, and risk levels.

A. Stocks (Equities)

Stocks represent ownership in a company. When you buy a stock on an exchange, you become a shareholder. Your potential returns come from:

• Share price growth
• Dividend payments

Stocks are often more volatile but historically deliver higher long-term returns. They’re typically best for investors seeking growth and willing to handle market fluctuations.

B. Bonds (Fixed-Income Securities)

Bonds are loans you provide to a corporation or government. In exchange, you receive:

• Regular interest payments
• Return of your principal at maturity

Government bonds, corporate bonds, and foreign bonds vary in credit risk and coupon rates. Bonds help balance a portfolio and provide steady income.

C. Mutual Funds

Mutual funds pool money from multiple investors and invest in professionally managed portfolios of:

• Stocks
• Bonds
• Commodities
• Other securities

They offer diversification and professional management but may include management fees. Investors purchase shares of the fund at the end-of-day price.

D. Exchange-Traded Funds (ETFs)

ETFs are similar to mutual funds but trade on stock exchanges like individual shares. They often track stock market indexes, commodity markets, or sectors. ETFs typically have lower fees and offer flexibility, diversification, and transparency.

E. Real Estate

Real estate investments include:

• Rental properties
• Residential or commercial buildings
• Real Estate Investment Trusts (REITs)
  
  

Real estate offers potential income through rent, capital appreciation, and tax benefits. It also serves as a physical asset with market value tied to local economies.

F. Alternative Investments

These include:

• Commodities (gold, silver, oil, agriculture)
• Cryptocurrencies
• Private equity
• Venture capital
• Collectibles (art, coins, metals)

Alternative products often have higher volatility or lower liquidity but can strengthen diversification strategies.

How Much Money Do You Need to Start Investing?

Today, you can begin investing with $1 to $100 thanks to:

• Fractional share purchasing
• Micro-investment apps
• Zero-minimum brokerage accounts

The amount matters less than consistency. For example, investing $100 every month over 10 years can yield more than investing $1,000 just once, because compounding rewards regular contributions.

Before you begin, ensure you:

• Have a bank account in good standing
• Maintain an emergency fund
• Understand basic investment terms
• Are aware of costs, fees, and taxes

The barrier to entry is lower than ever, making investing accessible for almost anyone.

Advantages of Investing

1. Wealth Growth Through Compounding

Your money earns returns, and those returns earn more over time. Compounding is one of the most powerful financial tools available.

2. Passive Income Potential

Dividends, interest payments, rental income, and other streams can supplement your salary and eventually support financial independence.

3. Protection Against Inflation

Cash loses purchasing power over time. Investments in assets like equities, commodities, or real estate historically outpace inflation rates and help preserve long-term value.

4. Tax Benefits

Many investment accounts offer tax incentives:

• 401(k) and IRA contributions may reduce taxable income
• Roth accounts allow tax-free withdrawals
• Long-term capital gains are often taxed at lower rates

Always consult a tax professional for personalized advice.

Risks and Considerations

1. Risk of Loss

All investments carry the possibility of losing principal. No product offers guaranteed returns.

2. Market Volatility

Prices fluctuate based on supply, demand, economic policy, regulation, behavioral economics, and global events.

3. Liquidity Challenges

Some assets (like real estate, certificates of deposit, or certain bonds) are not easily converted to cash.

4. Knowledge Requirements

Successful investing requires ongoing learning, research, and understanding of financial statements, corporate law considerations, and market dynamics. Professional advice can be useful in complex situations.

How to Start Investing

1. Set Your Financial Goals

Define your purpose: retirement, education, purchasing property, or building long-term wealth. Timeline matters because it influences your strategy.

2. Check Your Financial Foundation

Ensure:

• A stable monthly budget
• An emergency fund
• High-interest debt under control
  
  

3. Understand Your Risk Tolerance

Consider your age, life stage, income stability, and comfort with market swings.

4. Choose Your Investment Account

Options include:

• Employer 401(k) plans
• IRAs (Traditional or Roth)
• Taxable brokerage accounts
  
  

5. Select a Brokerage or Platform

Look for:

• Low fees
• Educational tools
• Customer support
• Privacy and security features
  
  

Robo-advisors can offer automated, passive management based on your profile.

6. Start Small and Stay Consistent

Use strategies such as dollar-cost averaging, automatic transfers, and regular rebalancing.

7. Seek Guidance When Needed

Financial advisors, online courses, and platform research tools can help you navigate complex decisions.

Calculating Return on Investment (ROI)

Use this simple formula:

ROI = (Current Value – Original Cost) ÷ Original Cost × 100

For example:
You invest $1,000. It grows to $1,250.
ROI = (1250 – 1000) ÷ 1000 × 100 = 25%

ROI helps you compare different investments, though it does not account for time, risk, or market conditions. If you wish to learn more, you can check out our blog article on ROI.

Conclusion

Investing is the practice of putting your money to work so it can grow over time. You don’t need a large starting amount, just a plan, patience, and consistency. By understanding how investments function and choosing the right strategy for your needs, you can build wealth, protect your purchasing power, and work toward long-term financial goals. With knowledge, discipline, and the right tools, you can confidently take your first step into the world of investing.

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The study of token economics is known as tokenomics. It covers all elements of a cryptocurrency's creation, management, and sometimes removal from a blockchain network. The term "tokenomics" is formed by pairing up the two words "token" and "economics" and is largely used within the crypto ecosystem to project the potential of a cryptocurrency. Tokenomics, simply put, is how token value is determined and what affects its value. 

Tokenomics and cryptocurrencies

Tokenomics and cryptocurrencies are closely connected. Tokenomics refers to the set of rules and principles that govern how cryptocurrencies work. It includes important aspects like how many tokens exist, how they are distributed, and what they can be used for. These rules are crucial for designing and managing cryptocurrencies effectively.

Tokenomics plays a significant role in determining the value of cryptocurrencies. It influences how people perceive and evaluate a cryptocurrency's worth. Factors such as token scarcity (limited supply), the usefulness of tokens in various applications, and the level of demand for them can impact the price and acceptance of a cryptocurrency.

Well-designed tokenomics can foster trust and adoption, and increase the overall value of a digital currency. Conversely, poorly designed tokenomics can hinder adoption and limit the perceived value of a cryptocurrency when traded for fiat currencies or other cryptocurrencies. Therefore, creating a solid and thoughtful tokenomics model is essential for the success and widespread acceptance of cryptocurrencies.

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An example of tokenomics: Bitcoin

Bitcoin operates on a specific set of tokenomics. It has a maximum supply of 21 million coins that will ever enter circulation, ensuring scarcity and value appreciation over time. Ethereum, for example, has an unlimited amount of coins. The issuance of new Bitcoins through mining creates incentives for network security while halving events reduces the rate of new supply.

Additionally, Bitcoin's decentralised nature and widespread adoption contribute to its value, with market demand and utility driving its price in the open market. These tokenomics elements make Bitcoin a deflationary digital asset with a unique economic model within the cryptocurrency ecosystem.

Why is tokenomics important?

Tokenomics is especially important in the crypto space due to the lack of regulation. Since there are no laws governing cryptocurrencies, tokenomics provide an opportunity for cryptocurrencies to be evaluated according to their real-life merit, not just how they are traded on exchanges.

What are the benefits of tokenomics?

Tokenomics offers several benefits within the cryptocurrency ecosystem. Firstly, it establishes clear rules and incentives, ensuring a fair and transparent economic system for participants. Tokenomics can incentivise desirable behaviour, such as staking or contributing to network security, promoting overall network growth and sustainability.

Additionally, tokenomics enables the creation of utility and value for tokens, providing variable economic benefits to holders. It allows for the development of decentralised applications (dapps) and the creation of vibrant ecosystems around cryptocurrencies. Similarly, tokenomics facilitates liquidity and trading opportunities, enabling users to buy, sell, and exchange tokens in various markets.

Overall, tokenomics fosters innovation, incentivizes participation, and contributes to the overall growth and success of the cryptocurrency ecosystem.

What are the negatives of tokenomics?

While tokenomics has numerous advantages, there are some downsides to consider. One downside is the potential for market volatility, as token prices can be subject to rapid fluctuations influenced by various factors, including market speculation and investor sentiment.

Additionally, inadequate or poorly designed tokenomics models may result in economic inefficiencies, lack of token utility, or even vulnerability to manipulation. It's important to note that tokenomics may not guarantee long-term value stability, and investors should carefully assess the risks associated with specific tokens and projects before engaging in the cryptocurrency market.

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The different tokenomics terms explained

Asset valuation

The process of determining the value of a coin or token. This is especially useful for users who want to purchase new coins or tokens. If they can estimate how much a coin or token will be worth in the future, it might be easier to decide whether or not its price is worth tapping into. Coin and token valuation is also important for traders who have made a significant purchase of a coin or token, and want to assess if its price is likely going up or down.

Inflation

In the context of tokenomics, inflation refers to the increase in the token supply over time, resulting in a decrease in the token's purchasing power and value. Inflation can impact the economic stability of a cryptocurrency ecosystem, and its management is crucial to maintain the desired balance between supply, demand, and overall token value.

Deflation

In tokenomics, deflation refers to the decrease in the token supply, leading to a potential increase in the token's purchasing power and value over time. Deflationary tokenomics can promote scarcity, create incentives for holding tokens, and potentially drive price appreciation within the cryptocurrency ecosystem.

Supply and demand elasticity

If a coin has high supply-and-demand elasticity, its price will likely be more affected by changes in demand relative to its supply. This means that if demand for a particular coin rises, the coin will experience more positive price action ($$) than if demand for the same coin fell.

Supply and demand elasticity = (% change in quantity supplied) / (% change in quantity demanded).

Community rewards

When a coin or token has a substantial community surrounding it, it can play a role in contributing to improving the asset’s fundamentals. This is an example of market-based governance that has the potential to lead to a rise in the coin or token's value as it is considered an indicator of trust in the network.

Pump and dump schemes

A pump and dump scheme is a manipulative practice within tokenomics where a group artificially inflates the price of a token through coordinated buying, creating a "pump." This creates a false sense of value and attracts unsuspecting users. Once the price reaches a peak, the group sells off their holdings, causing a rapid price decline, or "dump," leaving other users at a loss. Pump and dump schemes are considered fraudulent and can lead to significant financial losses for those involved.

In conclusion

Tokenomics plays a vital role in the cryptocurrency ecosystem by establishing rules, incentives, and economic principles for cryptocurrencies. It influences the value and acceptance of cryptocurrencies by determining factors such as scarcity, utility, and demand.

Well-designed tokenomics can foster trust, adoption, and increase the overall value of cryptocurrencies. However, it's important to be aware of potential downsides, such as market volatility and poorly designed tokenomics models. Understanding tokenomics helps participants evaluate the real-life merit of cryptocurrencies and make informed decisions.

Vad är Badger DAO egentligen?

Badger DAO (BADGER) är en decentraliserad autonom organisation som fokuserar på att bygga produkter och infrastruktur för att föra in Bitcoin i decentraliserad finans (DeFi). I kryptovärlden där Bitcoin och DeFi ofta lever separata liv, skiljer sig Badger genom att bygga broar mellan dem. Plattformen gör det möjligt för Bitcoinägare att delta i Ethereums DeFi-ekosystem utan att behöva sälja eller flytta sina BTC.

Låt oss ta en närmare titt på hur Badger försöker lösa utmaningar kring Bitcoin i DeFi, såsom avkastning, interoperabilitet mellan kedjor och tekniska begränsningar.

TL;DR

Bitcoin i DeFi:
Badger skapar infrastruktur som gör det möjligt att använda Bitcoin i Ethereums DeFi via tokeniserade tillgångar som WBTC och renBTC.

Gemenskapsstyrning:
Som en DAO styrs Badger av BADGER-tokeninnehavare, som röstar om beslut kring utveckling, strategier och hur resurser ska användas.

Flerdelat ekosystem:
Består av BadgerDAO (styrning), Sett Vaults (avkastningsstrategier) och DIGG (en elastisk, BTC-kopplad token).

Bakgrunden till Badger DAO

Plattformen lanserades i december 2020 av Chris Spadafora och ett team av DeFi-entusiaster. Det var en rättvis lansering – ingen förförsäljning, inga riskkapitalbolag. Målet var tydligt: göra det möjligt att använda sin Bitcoin inom DeFi-appar utan att tappa exponeringen mot BTC:s prisrörelser.

Badger vill bryta ner de hinder som Bitcoin historiskt haft i DeFi-sammanhang – som begränsade avkastningsmöjligheter, isolerade ekosystem och tekniska svårigheter – genom att använda DAO-styrning och automatiserade strategier.

Sedan lanseringen har plattformen fortsatt utvecklas genom att skapa nya “vaults”, samarbeta med andra DeFi-protokoll och lansera DIGG – en token med elastisk tillgång som speglar Bitcoins pris.

Hur fungerar Badger-plattformen?

Badgers struktur bygger på tre huvudkomponenter:

• BadgerDAO – styrningslagret där innehavare av BADGER-token röstar om förändringar i protokollet och resursanvändning.
• Sett Vaults – “valv” som automatiskt distribuerar tokeniserad BTC i DeFi-protokoll för att generera avkastning.
• DIGG – en elastisk token som speglar BTC:s pris genom att justera sin tillgång utifrån marknadsvärdet.

Governance-funktionen körs på Ethereum, där användarna själva kan föreslå och rösta om förändringar. När någon sätter in sin tokeniserade Bitcoin i en Sett Vault, placeras den automatiskt i olika strategier som optimerats för att generera avkastning – utan att man behöver göra det manuellt.

Hur skyddar Badger användarnas tillgångar?

Badger har byggt en säkerhetsinfrastruktur som inkluderar granskningar från flera oberoende säkerhetsföretag. Protokollet använder även en “timelock” för governance-beslut, vilket innebär att användare hinner agera innan ändringar träder i kraft.

Viktigt att känna till är att Badger utsattes för en säkerhetsincident i december 2021, då cirka 120 miljoner dollar förlorades. Efter det har plattformen satsat på att återskapa förtroendet genom förbättrad säkerhet, fler granskningar och ett starkare community-styrt beslutsfattande.

Protokollets treasury innehåller även en försäkringsfond som kan användas vid oförutsedda händelser.

Fördelarna med Badger-plattformen

Badger gör det enklare för Bitcoinägare att delta i DeFi jämfört med traditionella metoder. Plattformen automatiserar strategier och optimerar avkastning, vilket minskar behovet av teknisk kunskap.

Samtidigt hanterar Badger två av de största utmaningarna för Bitcoin i DeFi:

1. Fragmentering – Badger sammanför olika tokeniserade BTC-tillgångar och protokoll i ett enda gränssnitt.
2. Tekniska hinder – Gränssnittet är utformat för att vara tillgängligt även för de som inte är tekniskt insatta.

Efter säkerhetsincidenten 2021 har Badger utökat sitt fokus med bättre skydd, planer för multi-chain-support och fler samarbetsprojekt – särskilt inom Layer 2-lösningar och DeFi-protokoll med behov av Bitcoin-likviditet.

Användningsområden för BADGER

Badger gör det möjligt för både privatpersoner och företag att använda sina Bitcoininnehav i DeFi – oavsett om det gäller yield farming, likviditetsutbud eller att låna med BTC som säkerhet utan att sälja den.

Plattformen kombinerar Bitcoins styrka som värdebevarare med DeFi:s avkastningsmöjligheter, vilket ger användarna större kontroll och flexibilitet över sina tillgångar.

Företag kan dessutom använda Badger för att skapa Bitcoinstrategier som ger avkastning utan att ta onödiga risker, tack vare plattformens säkerhetsfokus och interoperabilitet mellan olika blockkedjor.

Så köper du BADGER

Vill du lägga till BADGER i din kryptoplånbok? Då kan du enkelt köpa och sälja tokenen direkt i Tap-appen (efter att du slutfört registrering och verifiering).

Ladda ner appen för att komma igång.

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Cashback is essentially getting paid to shop for things you'd buy anyway. Whether you're a seasoned rewards hunter or just curious about making your money work harder, this guide explores how savvy consumers are earning while spending, without changing their shopping habits. Ready to turn your everyday purchases into extra cash? Let's dive in.

What is cashback? 

Cashback is a rewards program that gives you a percentage of your money back when you make purchases using eligible credit cards, debit cards, or shopping platforms. Think of it as a small rebate on what you spend, typically ranging from 1% to 5% of your purchase amount. 

In recent years, cashback has increased in popularity across financial services and retail, becoming one of the most straightforward and appealing customer incentives (no guesses why).

Unlike complicated points systems or airline miles, cashback offers a simple proposition: spend money and get some of it back. Cashback transforms everyday spending into an opportunity to save, whether through your credit card statement, a bank transfer, or an app balance.

How does cashback work?

At its core, cashback operates on a simple principle: when you spend money, you earn a percentage back. This percentage - known as the cashback rate - determines how much you'll receive. For example, a 2% cashback rate means you'll get $2 back for every $100 you spend.

Here's what happens behind the scenes:

1. You make a purchase with your cashback-enabled card or through a cashback platform.
2. The transaction is processed and qualified against the program's terms.
3. Cashback is calculated based on the purchase amount and applicable rate.
4. The reward is credited to your account (either immediately or after a designated period).

Cashback rewards are typically issued as:

• Statement credits (reducing what you owe on your credit card)
• Direct deposits to your bank account
• Digital wallet credits within an app
• Gift cards or vouchers for specific retailers

Most cashback programs are funded through transaction fees that merchants pay to credit card companies (typically 2-3% of each purchase). The card issuer then shares a portion of these fees with you as cashback. For retailer programs and cashback apps, the incentive is funded through marketing budgets as they benefit from increased customer spending and loyalty.

Different types of cashback programs

Credit card cashback

Credit cards are a common way to earn cashback, generally structured in three main formats:

1. Flat-rate cashback cards 

These cards offer the same cashback rate on all purchases, regardless of category. For example, the Citi® Double Cash Card offers up to 2% on all purchases (1% when you buy, 1% when you pay). Note that rewards are earned as ThankYou® Points, which can be redeemed for cash back or other options.

2. Tiered/category cashback cards 

These offer higher cashback rates in specific categories and lower rates elsewhere. For instance, the Blue Cash Preferred® Card from American Express offers 6% back at U.S. supermarkets (up to $6,000 per year), 6% on select U.S. streaming services, 3% on transit and U.S. gas stations, and 1% on everything else.

3. Rotating category cards

These cards offer higher cashback (often 5%) in categories that change each quarter,  such as restaurants, gas stations, or online shopping.
For example, The Chase Freedom Flex℠  and Discover it® cash back programs require users to activate these categories each quarter, from where they can earn up to 5% cashback on purchases. 

Debit card cashback

Differing from the credit card structure above, debit card cashback typically comes in two forms:

1. Bank-offered cashback programs 

Rewards for using your debit card for purchases. These are often tied to premium or business accounts and offer lower rates than credit cards (typically 0.5%-1%) since banks don't earn the same merchant fees that credit card companies do.

Examples include: Discover Cashback Debit offering 1% on up to $3,000 in monthly purchases; while some neobanks or fintechs offer promotional cashback for debit use, but these are often time-limited (Not at Tap).

2. Cash back at checkout 

This feature allows you to withdraw cash alongside your purchase at certain retailers (e.g., Walmart, Walgreens, or pharmacies), essentially getting "cash back" at the point of sale. This isn't a reward but a convenience service.

Retailer-specific programs

Many stores offer their own cashback programs:

1. Store loyalty programs 

These provide rebates on purchases, often tracked through a membership account. Examples include Target Circle, which offers 1% in rewards on qualifying purchases, or Kohl's Cash, which gives you $10 in store credit for every $50 spent during promotional periods.

2. Receipt scanning programs 

Apps like Ibotta and Checkout 51 offer cashback when users upload receipts or link loyalty cards. Offers vary by retailer and product.

Cashback websites and apps

These third-party platforms connect shoppers with retailers and share the commission they receive:

1. Cashback websites 

Websites like Rakuten, TopCashback, and BeFrugal offer rebates when you shop at partner retailers through their portal. These sites earn commissions from retailers for referring customers and share a portion with you.

2. Browser extensions 

Honey (owned by PayPal) and Capital One Shopping apply coupons and may offer cashback (called “Honey Gold” or Capital One Shopping Credits), though amounts and eligibility vary.

However, these platforms often come with caveats:

• Cashback typically pays out quarterly rather than immediately
• Minimum payout thresholds may apply (often $5-$25)
• Some offers are region-specific or limited-time

How much cashback can you earn?

Cashback earnings vary widely across programs:

Typical credit card rates range from 1% to 2% as a baseline, with category bonuses reaching 3% to 6%. Premium cards may offer higher rates but often carry annual fees.

Sign-up bonuses can significantly boost initial earnings, sometimes offering $150-$300 back after spending a certain amount in the first few months.

Cashback apps and websites typically offer higher percentages (often 2%-10%) but on a more limited selection of retailers.

Most programs include some limitations:

• Spending caps that limit cashback on certain categories (e.g., 6% on groceries up to $6,000 yearly)
• Minimum spend requirements before cashback activates
• Redemption thresholds requiring you to accumulate a minimum amount (often $20-$25) before cashing out
• Quarterly or annual payment schedules rather than immediate rewards

How much cashback can you earn with Tap?

Looking for a cashback program that gives you Cashback rewards on your your spendings and not just at specific brands or places? Tap makes it easy. By using your Tap card, you earn Cashback rewards on your spending, from groceries to fuel and even holidays.

How much can you earn? With Tap’s flexible premium tiers, cashback rewards are tailored to fit your lifestyle: earn from 0.5% up to 8% on every eligible purchase made with your Tap card. The more you spend, the more you earn—simple as that.

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Pros and cons of cashback programs

Pros

• Simplicity: Cash rewards are straightforward to understand and use
• Flexibility: Unlike points or miles, cash can be used for anything
• Automatic earnings: Most programs require minimal effort beyond using the right card
• No devaluation: Unlike travel points, a dollar of cashback remains a dollar
• Immediate value: No need to save up for specific redemptions

Cons

• Potential for overspending: The promise of cashback can encourage unnecessary purchases
• Hidden costs: Cards with generous cashback may have higher annual fees or interest rates
• Category restrictions: Many programs limit higher cashback to specific merchant types
• Reward caps: Many programs limit how much you can earn in bonus categories
• Redemption delays: Some programs only pay out quarterly or when you reach certain thresholds

Is Cashback really free money?

Cashback isn't exactly "free", it's better understood as a discount on your spending. The funding comes from several sources:

Debit and Credit card cashback is funded by interchange fees paid by merchants (typically 1.5%-3.5% of each transaction). Card issuers share a portion of these fees with cardholders to encourage more spending.

Retail cashback programs are essentially marketing expenses designed to drive sales and customer loyalty.

Cashback apps and websites earn affiliate commissions from retailers and share a portion with users.

The most important caveat: cashback on credit cards only makes financial sense if you pay your balance in full each month. If you carry a balance, the interest charges (often 15%-25% APR) will quickly exceed any cashback earned.

How to choose the right cashback option

Finding the best cashback program depends on your spending patterns and preferences:

Analyse your spending habits: Review your monthly expenses to identify where you spend the most. If groceries and gas dominate your budget, a card with bonus rewards in those categories makes sense. If your spending is diverse, a flat-rate card might be better.

Consider fees vs rewards: Some cards with higher cashback rates charge annual fees. Calculate whether your typical spending will earn enough extra cashback to offset any fees.

Evaluate redemption options: Consider how and when you can access your cashback. Some programs offer automatic redemption, while others require manual redemption or have minimum thresholds.

For businesses: Business-specific cashback cards often offer higher rewards on categories like office supplies, internet services, and travel. If you're a business owner, these specialised options may provide better value than consumer cards.

Tips to maximise cashback

Strategically use multiple cards: You can use different cards for different categories based on which offers the highest rate for each spending type.

Stack rewards programs: Combine a cashback credit card with a cashback app or website for double dipping. For example, make a purchase through Rakuten using a cashback credit card.

Activate bonus categories: Many cards require quarterly activation of rotating bonus categories - set calendar reminders so you don't miss out.

Pay bills with cashback cards: Set up utilities, subscriptions, and other regular payments on your best cashback card (if there's no processing fee).

Watch for promotional offers: Many programs offer limited-time enhanced cashback rates or bonus categories.

Avoid carrying balances: Always pay your credit card bill in full to avoid interest charges that negate cashback benefits.

In conclusion

Cashback rewards offer a practical way to earn while you spend on everyday purchases. Unlike complicated reward systems, cashback provides straightforward value that anyone can understand and use.

Choose cards and apps that reward your existing spending patterns rather than changing your habits to chase rewards. Also, try maximising cashback benefits by matching the right programs to your spending habits and being disciplined about your purchasing behaviour.

Remember: the best cashback strategy is one that fits naturally into your financial life, providing rewards without encouraging overspending or complicating your finances.

Tired of complicated cashback programs tied to specific brands? Discover our simple Cashback program that rewards you when you spend with your Tap card, learn more here.

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Bitcoin Crashes Below $82K in Brutal Sell-Off

After breaking through several support levels, Bitcoin is trading around $82,000, extending a punishing downtrend that has erased more than 30% of its value since October's peak at $126,000.

The cause? A perfect storm of selloffs in U.S. equity markets, which triggered a wave of risk aversion that swept through global markets. Meanwhile, the Federal Reserve's cautious stance on further rate cuts has injected fresh uncertainty into trading floors. Markets still anticipate a 0.25% cut, but with recession fears intensifying, traders are hitting the exits. Crypto found itself directly in the crosshairs of this flight to safety

The damage extended well beyond Bitcoin. Estimates show around $2 billion in crypto positions liquidated, as forced selling and evaporating liquidity accelerated the downturn across digital assets. But here's a twist for you: Bitcoin is now entering territory that has historically preceded major recoveries. Let’s dive in.

Bitcoin Is Officially Oversold… And That Matters

The Relative Strength Index (RSI) has officially moved into oversold territory for the first time in nine months, signaling extreme selling pressure. The last time BTC hit oversold levels was in February, right before a notable rebound. Oversold signals don’t guarantee an immediate reversal, but they often mark the beginning of seller exhaustion.

In the previous oversold event, BTC dropped around an additional 10% before bouncing. If that were to happen again, BTC could briefly dip toward $77,000 before bulls regain momentum. If the current selling eases earlier, a shorter-term bounce could happen sooner.

MVRV Points to Undervaluation

Another key indicator worth looking at is Bitcoin’s MVRV Ratio. This on-chain indicator reveals whether investors are collectively sitting on profits or losses. An MVRV Ratio above 1 means the average holder is in the green; below 1 signals most are underwater.

BTC’s MVRV now sits at 1.5, its lowest level in over two years. When MVRV enters a “opportunity zone”, it suggests two things:

• Many short-term holders are underwater
• Downside selling pressure is approaching exhaustion

Key Levels to Watch

If bearish pressure continues, it’s possible BTC could revisit the $80,000 level, with a deeper support level around $77,000, matching the RSI’s recent historical pattern.

But there’s also a realistic bullish scenario: reclaiming $92,000 could turn the structure decisively bullish, opening the door to the $95,000 region and beyond.

What Can We Expect From BTC This November?

Beyond the indicators, there’s a seasonal angle worth emphasizing: Bitcoin has historically shown strong end-of-year recoveries and rallies. Even during weaker macro environments, Q4 has often delivered rebounds driven by renewed risk appetite and improved liquidity flows.

Combine that with oversold technicals, undervaluation signals, and easing macro uncertainty if the Fed does follow through on cuts, and the current levels could start looking less like panic territory and more like potential opportunity.

The Takeaway

Bitcoin's slide doesn’t appear to be driven by broken fundamentals; it's the result of macro turbulence, risk-off positioning, and temporary sentiment shifts. Short-term chop may persist, but on the flip side, key indicators are flashing oversold conditions which have historically marked turning points.

Corrections are part of Bitcoin's DNA. It has survived far steeper crashes and consistently emerged more resilient. Whether the bounce starts today or after one final shake-out, the pattern is familiar: selling exhaustion plants the seeds for the next rally. Patient holders have seen this pattern many times, and more often than not, their patience has been rewarded.