The SwapX referral system redefines traditional incentive programs by offering real rewards measured in veSWPx, the voting power token of SwapX.
The system rewards both direct and indirect referrals, ensuring users gain measurable value while aligning their efforts with the protocol's success.
The system employs a dynamic mechanism to balance rewards and guarantee sustainability and fair resource distribution.
How can I participate?
Meet Eligibility Requirements: Lock at least $250 in veSWPx to activate the referral system. This threshold can be met through cumulative locks, calculated at the time of locking.
Generate Your Referral Link: create a unique referral link tied to your address.
Share & Earn: Share your link with others. When your referrals deposit into eligible pools, you earn weekly rewards in veSWPx.
Track & Claim Rewards: Monitor referral activity and rewards via your dashboard. Rewards are calculated weekly and claimable at the end of each epoch.
The referral system is divided into 3 different tiers which reward you for growing your network:
1st Tier (Direct): Earn 3.25% of rewards generated by users you invite directly.
2nd Tier (Indirect): Earn 1.25% from users invited by your direct referrals.
3rd Tier (Extended): Earn 0.50% from users invited by referrals of your direct referrals.
Rewards are proportional to your network's activity and do not reduce their earnings. Instead, they are drawn from weekly emissions, incentivizing your efforts to expand the protocol.
