🎯Affiliate Reward

Affiliate

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:

$$Affiliate = (Total ETH Referred) * ( Percentage Affiliate Reward)$$

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:

$$Hard Cap * Perrcentage Affiliate reward$$

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.