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1.Cashback is earned in XPL on eligible card purchases. See Plasma One Rewards Addendum for more details, including eligible categories, excluded merchants and redemption conditions.

Plasma is a financial technology company, not a regulated financial institution, bank, money services business or investment advisor.

The Plasma One Card is issued by Rain, a Visa Principal Member, pursuant to a license from Visa. Global account services for Plasma One are powered by Bridge. Services to US residents are provided by Bridge Building Inc.; EEA residents by Bridge Building Sp. Z.o.o.; and all other residents by Bridge Building Limited. Plasma does not custody your assets.

The stablecoin assets in your Plasma One account are owned and custodied by you. The value of any cryptocurrency, including stablecoin assets pegged to fiat currency, commodities, or any other asset, may go to zero. Stablecoin balances are not bank deposits. Stablecoin and yield products are not covered by the Financial Services Compensation Scheme (FSCS), the Financial Ombudsman Service (FOS), the Federal Deposit Insurance Corporation (FDIC), or equivalent deposit protection or investor compensation schemes in other jurisdictions. Your stablecoin balance is not a bank deposit.

The Plasma One earn feature is a technology interface that facilitates access to third-party decentralised finance (DeFi) protocols through third-party vault providers. It is not a bank account, deposit, or savings product. Funds are not protected by deposit insurance, are not guaranteed, and may lose value. Yield is generated through participation in DeFi lending protocols. Returns are variable, depend on market conditions and protocol performance, and are not guaranteed. Past performance is not indicative of future results. Plasma does not manage, operate, or control any underlying protocol. Participation involves material risks including smart contract risk, protocol failure, liquidity risk, counterparty risk, and market volatility, which may result in partial or total loss of principal. Plasma does not verify the security of, or endorse, any protocol accessed through Plasma One.

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