# Referrals!

{% hint style="info" %}
*tl;dr - Tensorians can refer others to earn fees & points, and referees get a points multiplier!*
{% endhint %}

## Referrer

<figure><img src="/files/1EEBEeI0XFc69B8e4x5W" alt=""><figcaption><p><a href="https://www.tensor.trade/rewards">https://www.tensor.trade/rewards</a><br>You can share your code or a link!</p></figcaption></figure>

The Tensor Referral program rewards you with SOL and Tensor points.

To participate, you must [stake ](https://www.tensor.trade/shipyard)at least 1 [Tensorian](https://www.tensorians.com/).

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.

{% hint style="info" %}
Read more on points here: [Season 3!](/welcome/rewards/season-3.md)
{% endhint %}

Your referrer bonus scales with number of Tensorian staked.&#x20;

<table data-view="cards"><thead><tr><th></th><th>Point Multiplier (own trading)</th><th>% of points from referee</th><th>% of fees (from referee)</th></tr></thead><tbody><tr><td>Milestone 1 (<strong>1</strong>+ Staked)</td><td>1.10x</td><td>10</td><td>5</td></tr><tr><td>Milestone 2 (<strong>10</strong>+ Staked)</td><td>1.25x</td><td>15</td><td>5</td></tr><tr><td>Milestone 3 (<strong>50</strong>+ Staked)</td><td>1.50x</td><td>25</td><td>5</td></tr></tbody></table>

{% hint style="warning" %}
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.&#x20;
{% endhint %}

<figure><img src="/files/qh4QADV8dOzYZXmyHsEm" alt=""><figcaption><p>Benefits caps at 50 Tensorian Staked.</p></figcaption></figure>

{% hint style="info" %}
Example:&#x20;

* 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.
  {% endhint %}

## Referee

{% hint style="info" %}
*Referee = the user who signs up with a referral code*
{% endhint %}

Anyone can register using a referral code. New sign-ups will get a 1.05x multiplier forever on their trading activity.

<figure><img src="/files/v5HVhxM407DEVAKNAed7" alt=""><figcaption><p><a href="https://www.tensor.trade/rewards">https://www.tensor.trade/rewards</a><br>Authenticate your wallet to see!</p></figcaption></figure>

\
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.

***

## 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!

<table data-card-size="large" data-view="cards"><thead><tr><th></th><th>Details</th><th>Earnings</th></tr></thead><tbody><tr><td>Trader A (<mark style="color:purple;"><strong>Referrer</strong></mark>)</td><td><ul><li>Has 10 Tensorians staked (Milestone 2)</li><li>Referred <mark style="color:yellow;">Trader B</mark></li></ul></td><td><ul><li>2,000 pts earned from Trading</li><li><mark style="color:green;">+500 pts from staking bonus (1.25x)</mark></li><li><mark style="color:green;">+750 pts from Trader B ref bonus (15%)</mark></li><li><mark style="color:green;">+1 SOL in fee rebate from Trader B (5%)</mark></li></ul></td></tr><tr><td>Trader B (<mark style="color:yellow;"><strong>Referee</strong></mark>)</td><td><ul><li>Referred by <mark style="color:purple;">Trader A</mark></li><li>20 SOL spent in fees</li></ul></td><td><ul><li>5,000 pts earned from Trading</li><li><mark style="color:green;">+250 pts from ref bonus (1.05x)</mark></li></ul><p></p></td></tr></tbody></table>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.tensor.trade/welcome/rewards/referrals.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.