The program allows Dradex users to generate Referral Links and share them with potential traders they are trying to onboard.
You can share this link anywhere such as your website, social media, or privately with others. As a person sharing your Referral Link, you will be counted 25% bonus on every transaction made by each of your referrals.
Any new user who signs up on Dradex using your referral link will be tied to your wallet address, which means that the wallet you used to generate the referral link will count toward 25% of the total trading volume achieved by the referred user on the Dradex market.
For example, if you have referred a friend with a total trading volume of $1000 USDC, you will be counted 25% of the amount invested by your friend, that is $250 USDC.
If someone uses your Referral Link to start staking on Dradex, the referrers get 25% of the total accumulated liquidity.
For example, if you refer a friend to deposit $100 USDC of liquidity on the first day, you will be counted 25% of your friend’s stake. Your total accumulated daily liquidity after 3 days is $75 USDC.
Specifically in the Referrals program, we will provide retrospective rewards, which means we will track your accumulated daily liquidity and your accumulated volume to reward early adopters in IDO campaigns. Once we release our tokens, we will distribute a fair amount of tokens to our early adopters, which contributes to Dradex’s success. Furthermore, we will occasionally give rewards to top early adopters, and a detailed plan will be finalized and published later.