Referrals

Users will receive a referral code to invite people to the platform and can earn 20% of their points. The share of points a user receives from their referrals will be calculated according to a geometric series, governed by a referral percentage (20%) and a referral chain (2). The referral percentage consists of the share of points earmarked for referees, with the referral chain expressing the number of subsequent referees who will receive referral points.

Referees will earn referral points for all activities their refereed users earn on protocol for a time period to be defined.

Referral points follow the same logic as standard points with regards to activation. They will remain inactive until the refereed users earn 5,000 trading points thereby activating them.