🎫Referral Rewards

Overview

Referral rewards are designed to incentivize users to invite others to join the platform. Whenever a referred user performs a buy/sell transaction, the referrer earns a percentage of the transaction fee as a reward. This system encourages community growth and rewards users for their contributions.

How Referral Rewards Work

  1. Referral Process:

    • Existing users can invite others to join the platform using their unique referral link or code.

  2. Transaction Fee Sharing:

    • Every time a referred user performs a buy/sell transaction on the platform, 25% of the transaction fee is allocated to the referrer.

    • This reward is directly tied to the referred user's activity, providing ongoing incentives for the referrer.

Reward Calculation and Distribution

  1. Transaction Fee:

    • Each buy/sell transaction incurs a standard transaction fee of 7%.

  2. Referral Reward:

    • 25% of the 7% transaction fee is allocated to the referrer.

    • Example Calculation:

      • If a referred user makes a transaction with a fee of $100, the referral reward would be:

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