Alisa Davidson
Printed: June 18, 2025 at 4:00 am Up to date: June 18, 2025 at 4:13 am
Edited and fact-checked:
June 18, 2025 at 4:00 am
In Transient
VVS Finance’s new Auto Harvest characteristic permits Crypto.com Pay as you go Card customers to routinely convert and spend their DeFi yield farming rewards as fiat forex for on a regular basis purchases.
Decentralized alternate (DEX) and yield farming platform VVS Finance has launched a brand new characteristic known as Auto Harvest, particularly accessible to Crypto.com Pay as you go Card customers. This performance permits yields generated from decentralized finance farms to be routinely collected and allotted towards funding the consumer’s pay as you go card for routine expenditures.
The Auto Harvest characteristic is now energetic throughout all VVS Finance farms that distribute VVS tokens and are marked accordingly on the platform. When customers decide to direct harvested rewards to a Crypto.com Pay as you go Card, the earnings—after relevant charges—are transformed into fiat forex by way of USDC or an area equal and deposited onto the related card, relying on regional assist.
“The Crypto.com Pay as you go Card is a crucial bridge between the fiat and crypto worlds and a stepping stone to taking part in decentralized finance,” stated Esther Wong, Senior Vice President of Playing cards at Crypto.com, in a written assertion. “The launch of Auto Harvest reinforces this by permitting VVS Finance customers to routinely declare their yield farming rewards and seamlessly use them to allow spending on on a regular basis items and companies,” she added.
“VVS Finance’s Auto Harvest characteristic exhibits that what occurs on Cronos chain doesn’t have to remain on Cronos chain,” stated Mirko Zhao, Cronos Labs Lead, in a written assertion. “Its native integration with Crypto.com Pay as you go Card provides Cronos customers the liberty to say their yield farming rewards and resolve the place to make the most of them—for different DeFi functions onchain, or to money them out to their pay as you go card,” he added.
“The launch of Auto Harvest seamlessly connects DeFi and CeFi, making it straightforward for VVS customers to say rewards and instantly allocate them for on a regular basis spending,” stated Yotei, Product Lead at VVS Finance, in a written assertion. “It’s a breakthrough in making decentralized finance accessible to mainstream customers, who can seamlessly declare their rewards and convert tokens with zero friction,” he added.
Auto Harvest rewards are collected routinely every day as soon as they meet a minimal threshold of $6. Customers even have the choice to manually declare rewards from an Auto Harvest farm at any time with out incurring a processing charge. The characteristic’s integration with the Crypto.com Pay as you go Card streamlines the method of changing cryptocurrency into spendable funds, eliminating the necessity for a number of steps sometimes concerned in off-ramping.
The addition of Auto Harvest to the Crypto.com Pay as you go Card serves to reinforce the sensible utility of decentralized finance by enabling extra direct real-world use. It additionally simplifies the yield farming expertise, probably making decentralised finance (DeFi) instruments extra approachable for people much less conversant in blockchain-based processes.
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About The Creator
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
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Alisa Davidson
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and have interaction readers within the ever-evolving panorama of digital finance.
Extra articles
