Part 1: How the Metalback program benefits you

Following this week’s launch, Kinesis users can now earn up to 10% Metalback – paid in gold (KAU) – on purchases at leading retailers worldwide.

Moreover, as is the Kinesis way, the benefit of the Metalback program goes beyond the individual and rewards each and every user within the Kinesis Monetary System.

No fees

Another important consideration is that, with up 10% contributed, the percentage contributed to the yield pool is more significant than other volume drivers for the system. With no fees charged on Metalback purchases, this contribution is at no cost to Kinesis users.

We give back

For all Metalback earned by users, Kinesis makes an equal contribution to the Master Fee Pool.

For example, if a user earns 10% Metalback on a purchase, Kinesis will match it with a 10% contribution to the Master Fee Pool. 

Note: this contribution is not taken from the purchase cost, but shared directly from the merchant.

Through the 6 Kinesis yields, more than half of the Master Fee Pool is distributed to users each month, rewarding them for their everyday participation in the system.

In this way, each time a user earns through Metalback at any one of 6,000+ leading retailers worldwide, the entire Kinesis community is rewarded.

With savings across both everyday shopping, such as weekly groceries, as well as less regular purchases, like jewellery or electronics, it is easy to see Metalback becoming part of our users’ daily spending routine.

More velocity

The everyday practicality and benefit of the Metalback program stand to drive significant trade volume for Kinesis – with each purchase contributing meaningfully to the yields of all Kinesis users.

Stay tuned for Part 2 where we will cover product use cases and overall product vision.

_{T&Cs apply}