Referrals
Get fee discounts and earn rebates through the DIPX referral program
How it works
To create a referral link:
Click on the Affiliates tab
Create a referral link that contains your wallet address.
Once you've created your link, click on the copy icon next to the link to get your referral link, it should look something like this: https://app.dipx.io?refer=[your wallet address]
You can share this link on any platform, e.g. Twitter, or Telegram. When a user clicks on your link, your referral account (wallet address) would be stored with the user's account. When the user makes a trade they would receive a discount and you would earn rebates from their trading fees too. You will continue to earn rebates even if the user uses another device later on as the referral account is stored on the contract the first time the user makes a trade.
The discounts and rebates will be distributed as the same asset that the user trades by and your rebates history will be viewable on https://app.dipx.io/referrals. （the history is coming soon）
Note that the referral program is subject to change as it is determined by the token holders of veDIPX. Full referral terms at https://docs.dipx.io/referral-program-terms/.
Tiers
The referral program has a tier system to prevent gaming through self-referrals, this helps to ensure that referrers receive the rebates for the users they brought onto the platform.
Tier 1: 7% discount for traders, 3% rebates to the referrer；
Tier 2: 12% discount for traders, 8% rebates to the referrer；
Tier 3: 15% discount for traders, 15% rebates to the referrer；
Anyone can create a Tier 1 link. To upgrade your code to Tier 2 or Tier 3:
Tier 2: At least 15 active users using your referral codes per week and a combined weekly volume above $5 million
Tier 3: At least 30 active users using your referral codes per week and a combined weekly volume above $25 million
If your account fulfills this criterion, please send a dm to @dipx.io#0957 so that we can follow up.
Rebates and discounts apply on the opening and closing fees for leverage trading.
The opening and closing fees are 0.1% on DIPX, rebates are calculated before user discounts so referrers would earn equivalent amounts of rebates per volume on DIPX.
Wallet providers and other protocols will be eligible for Tier 2 and Tier 3 rewards as well.
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