π―Affiliate Reward
Affiliate
![](https://docs.holdstation.com/~gitbook/image?url=https%3A%2F%2F2744031835-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252FBWpu1PERw5vP3f816eNY%252Fuploads%252FylobqdpU5BbxIY5yt30q%252Fimage.png%3Falt%3Dmedia%26token%3D5dee1376-43d6-4469-ba9d-6026d6b8e32a&width=768&dpr=4&quality=100&sign=fbcc0977&sv=1)
This is an incentive program for users to invite their friends to participate in the launchpad. If a user uses the provided link to invite their friends to join, they will receive a 2% commission on the stakes placed by the friends they invite. The commission will be paid in $ETH.
Calculation
The formula to calculate the affiliate reward is as follows:
Referrers will earn a percentage of the total ETH used by their referees to purchase tokens (after the allocation and refund process). The more ETH a referrer brings to the presale pool, the greater their potential reward.
User X shares the affiliate link with Users A, B, and C, who subsequently participate as follows:
A stakes 100 ETH
B stakes 60 ETH
C stakes 40 ETH
After the IDO is completed and users receive their refunds:
A receives a 60 ETH refund ---> A used 40 ETH
B receives a 36 ETH refund ---> B used 24 ETH
C receives a 24 ETH refund ---> C used 16 ETH
So the total ETH referred is A + B + C = 40 + 24 + 16 = 80 ETH
---> Therefore, X would receive Affiliate reward = 80 * 2% = 1.6 ETH
The maximum Affiliate reward for the Affiliate Program:
In this case, the maximum reward is 400 * 2% = 8 ETH. This implies that all ETH staked in the IDO pool is attributed to referrals.
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