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Introducing: the new Referral Rewards program on Loopring L2💙 Refer a friend using your unique code👇 ✅they get fee discounts ✅you get trading commissions from their L2 activity Come get your unique code today through the Loopring Smart Wallet app + start getting rewarded✨

24,009 Aufrufe • vor 2 Jahren •via X (Twitter)

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Genesis Update: Referral System Live The Referral System is now live to reward Virgens who bring new participants into the ecosystem and help grow agents. When a new Virgen uses your referral code and begins trading agent tokens in a taxable Agent/$VIRTUAL pool, you'll earn a share of the trading tax. How it Works: The system supports up to two layers of referral rewards: • Layer 1: Your direct referral. When this Virgen trades, you receive 20% of the trading tax from their activity. • Layer 2: The referral of your referral. When they trade, you also receive 5% of the trading tax from their activity. Only two layers are eligible for referral rewards. Activity beyond Layer 2 does not generate any rewards. Referral rewards are paid out daily in $VIRTUAL and are funded from a 1% trading tax applied to eligible trades. What Qualifies: • Buy or sell activity in taxable agent/$VIRTUAL pairs • Referral code must be entered before any trading activity What Doesn't Qualify: • Trades involving tax-exempt tokens (e.g., $LUNA or migrated tokens) • Trades in non-taxable pools (e.g., $VIRTUAL/USDT on CEXs or DEXs) • Trading activity from wallets without a referral code • Staking agent tokens, staking $VIRTUAL, and yapping • Activity before a referral code is entered (rewards are not retrospective) Where to Find Your Referral Code: You can find your unique referral code, in the Profile page on Virtuals Protocol. Referral rewards will begin distribution starting tomorrow. Now go recruit Virgens. Genesis needs you.

Virtuals Protocol

162,006 Aufrufe • vor 1 Jahr