🤝Referrals!

Growing the pie and getting rewarded - how to do it? Read along

tl;dr - Tensorians can refer others to earn fees & points, and referees get a points multiplier!

Referrer

https://www.tensor.trade/rewards You can share your code or a link!

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:

1. Additional points multiplier based on your own trading.

2. A percentage of points from the trading activity generated by your referral code.

3. 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)

Point Multiplier (own trading)

1.10x

% of points from referee

10

% of fees (from referee)

5

Milestone 2 (10+ Staked)

Point Multiplier (own trading)

1.25x

% of points from referee

15

% of fees (from referee)

5

Milestone 3 (50+ Staked)

Point Multiplier (own trading)

1.50x

% of points from referee

25

% of fees (from referee)

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.

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

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.

https://www.tensor.trade/rewards Authenticate your wallet to see!

Referee bonus does not stack after you staked at least 1 Tensorian. For example:

1. Someone who has never been referred - 1.00x multiplier on trading points.

2. Someone who got referred but no Tensorians staked - 1.05x multiplier on trading points.

3. Someone who bought a Tensorian and staked it - 1.10x multiplier on trading points.

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Example

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)

Details

• Has 10 Tensorians staked (Milestone 2)

• Referred Trader B

Earnings

• 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)

Details

• Referred by Trader A

• 20 SOL spent in fees

Earnings

• 5,000 pts earned from Trading

• +250 pts from ref bonus (1.05x)