🧑‍🤝‍🧑Referrals

On Deriw, anyone can be a node recommender. Users that join through recommendation links can receive discounts, and recommenders can receive rebates on transaction fees.

How it works

You can promote the DeriW platform through various types of social media and community sharing. For every active user you refer to the platform, you can earn up to 50% of the transaction fees they generate! The exact percentage of transactions fees is set by yourself.

Your followers can receive exclusive rewards as new DeriW users, while you will also be entitled to various benefits from customized activities and diverse reward-earning methods, making your promotions even more competitive.

If you want to use someone's Referral code, enter the code under Traders to get rebates.

To create a referral code:

• Go to the REFERRALS page

• Make sure you have connected your wallet to the DeriW Testnet

• Create a referral code by clicking Connect under Node Rederrer

Note that referral codes are case sensitive and that your code will be created on Arbitrum to earn rebates.

Once you've created your code, click on the copy icon next to the code to get your referral link.

You can share this link on any platform, e.g. Twitter, Telegram. When a user clicks on your link, your referral code 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. You will continue to earn rebates even if the user uses another device later on as the referral code is stored on the contract the first time the user makes a trade.

Your rebate history will be viewed on the recommendations page.

Anyone can create a referral code. The referral program has a tier system. Based on your workload, the contract will automatically return rewards to you. The tier conditions are as follows:

Examples:

A certain agent node invited 50 people and generated a total transaction volume of $20 million. Assuming that the handling fee is 0.1%, a handling fee of 20,000 USDT was generated. Because the agent node has reached the LV2 level, he will receive a commission rebate of 20000*40%=8000USDT.

A certain agent node invited 100 people and generated a total transaction volume of 40 million. Assuming that the handling fee is 0.1%, a handling fee of 40,000 USDT was generated. Because the agent node has reached the LV3 level, he will receive a commission rebate of 40,000*50%=20,000 USDT. If he has a lower-level agent (LV2 or LV1), he can allocate the 20,000 USDT commission rebate in proportion.

If a node agent is only at LV1 level (individual trader), then he will receive a commission rate of 10% of the handling fee.