💞EruSwap Referral System

Leverage your community, network, and friends

EruSwap will use an on-chain referral system built with Muon. Users will be able to generate a referral to share with others in order to earn a 5 to 15% share of the fees each time a trade is made using the referral link. The rate depends on the tier reached by that referrer — the more volume you generate, the higher the tier. Users of the referral link will benefit too — they earn lottery tickets (tranches based on volume) that will give them access to a weekly lottery.

• Referees: Users who are trading through a referral link can accumulate tickets that will entitle them weekly participation in a lottery.

• Referrers: Anyone who creates a referral link on EruSwap has the ability to become a referrer. In order to receive a share of the fees generated by each of their swaps, the referrers can then share the link with users.

The referral system is open for everyone — users and protocols.

Referral system rewards specifications

Referrers

• Tier 1: $0 < V < $50,000 → 5% of trading fees generated by referees

• Tier 2: $50,000 < V < $200,000 → 6,5%

• Tier 3: $200,000 < V < $500,000 → 8%

• Tier 4: $500,000 < V < $1,000,000 → 10%

• Tier 5: $1,000,000 < V < $10,000,000 → 12%

• Tier 6: V > $10,000,000 → 15%

Referees

Swap at least $500 worth during an Epoch to get 1 ticket.

V = Volume generated during an Epoch

How to start with the referral system?

Guide here soon...