Program Overview
The referrer-referee relationship is stored in a smart contract and used to determine the link between the referrer and the referee.
The activities of referees are stored on-chain, and the referrer's rewards are based on the referees' activity.
All you need to do is spread the word about Primex, attract new users, and ask them to sign your connection transaction.
Benefits for Referrers
Rewards are based on what your referee brings to the protocol. Referrers will be rewarded based on the TVL (Total Value Locked) and trading volume that their referees will contribute on Primex. Their contribution and your connection to them are stored in a smart contract.
So, Referrers can take advantage of the following perks:
A portion of the protocol revenue generated by their referees’ activities
Access to the core team’s private Discord channels
Challenges with unique rewards
To learn how to become a Referral, please, see How to become a Referrer.
Benefits for Referees
Lenders will get NFTs that can be used to increase their yield
Traders will get NFTs that can be used to reduce their trading fees
To learn how to become a Referee, please, see How to become a Referee.
Important
Primex operates as a multichain protocol, with separate deployments of the protocol and Referral Program on each specific chain. The referee can establish a referrer-referee connection on each chain. However, rewards will only be granted to the initial referrer, specifically the referrer on the chain where the referee initially completes this transaction.