🤝Referrals!
Growing the pie and getting rewarded - how to do it? Read along
Last updated
Growing the pie and getting rewarded - how to do it? Read along
Last updated
tl;dr - Tensorians can refer others to earn fees & points, and referees get a points multiplier!
The Tensor Referral program rewards you with SOL and Tensor points.
To participate, you must stake at least 1 Tensorian.
Once staked, you will earn:
Additional points multiplier based on your own trading.
A percentage of points from the trading activity generated by your referral code.
5% of the marketplace fees generated on spot trading volume by your referral code.
Read more on points here: Season 3!
Your referrer bonus scales with number of Tensorian staked.
Milestone 1 (1+ Staked)
1.10x
10
5
Milestone 2 (10+ Staked)
1.25x
15
5
Milestone 3 (50+ Staked)
1.50x
25
5
Benefits increment linearly by 0.025 (Multiplier) and 0.005 (Referral). After Milestone 2, multiplier scale by 0.0125 and referral by 0.0025 instead. Staking benefits caps at 50 Tensorian staked.
Example:
User with 5 Tensorian staked will gain 12% of points from referee and 1.35x points Multiplier of their own points.
User with 15 Tensorian staked will gain 16.25% of points from referee and 1.5625x points Multiplier of their own points.
Referee = the user who signs up with a referral code
Anyone can register using a referral code. New sign-ups will get a 1.05x multiplier forever on their trading activity.
Referee bonus does not stack after you staked at least 1 Tensorian. For example:
Someone who has never been referred - 1.00x multiplier on trading points.
Someone who got referred but no Tensorians staked - 1.05x multiplier on trading points.
Someone who bought a Tensorian and staked it - 1.10x multiplier on trading points.
Trader A is a loyal Tensor user and refers Trader B, let's take a look at how much Trader A will earn from recruiting a decently active trader!
Trader A (Referrer)
Has 10 Tensorians staked (Milestone 2)
Referred Trader B
2,000 pts earned from Trading
+500 pts from staking bonus (1.25x)
+750 pts from Trader B ref bonus (15%)
+1 SOL in fee rebate from Trader B (5%)
Trader B (Referee)
Referred by Trader A
20 SOL spent in fees
5,000 pts earned from Trading
+250 pts from ref bonus (1.05x)
