Introduction to our Referral Program

Become a community ambassador and gain governance and dividend rights through the STFIL referral program.

How it works

To create a referral code:

  • Go to the Referrals page

  • Click on “Affiliates” tab

  • Click on "Generate Code"

  • Create a referral code using any number

Once you've created your code, click on the copy icon next to the code to get your referral link, it should look something like this: https://stfil.io/#/?ref=<your code>.

You can share this link on any platform, e.g. Twitter, or Telegram. When a user clicks on your link, your referral code would be stored with the user's account. When the user makes a trade they would receive a discount and you would earn rebates from their trading fees. You will continue to earn rebates even if the user uses another device later on as the referral code is stored on the contract the first time the user makes a trade.

The rebates will be distributed as $FIL and your rebates history will be viewable on the Referrals page.

Referrer's identity

In order to incentivize referees, three referee identities have been designed to prevent gaming through self-referrals. This also ensures that referees receive commissions from the users they bring to the platform.

  • Referrer: 0.5% rebates for stakers, 0.5% rebates to referrer

  • Ambassador: 1.5% rebates for stakers, 1.5% rebates to referrer

  • Super Ambassador: 2% rebates for stakers, 3% rebates to referrer

The rebates for the referral program are paid from a treasury and do not deduct any rewards from the referred person.

Anyone can create a referral code, and by default, they will be classified as a "Referrer." To upgrade the referral code to "Ambassador" or "Super Ambassador," you need to do the following:

Ambassador:

  • Stake one NFT.(Mint NFTs or participate in community activities)

Super Ambassador:

  • Stake a rare NFT(obtain it by completing the Ambassador goals)

  • Hold a stFIL balance greater than 2000.

Note: As long as you reach a new identity at the end of each referral cycle, you will receive the maximum rebate for the entire cycle.

How to Get Rare NFTs

When you become an Ambassador, it triggers an Ambassador goal that is calculated based on the amount of interest earned by the users you have referred.

Target: 500 stFIL (About 100,000 $FIL staked for half a month)

Cycle: 15 days

Other Information:

  • You can generate multiple referral codes and referral links for promotion through different channels, and the rewards will accumulate as a total sum.

  • Rewards can be withdrawn at any time, with a minimum withdrawal amount of 1 $FIL. A withdrawal fee of 0.01 $FIL will be deducted for the transaction.

Last updated