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Eterna’s Referral System allows you to invite your friends, and earn a percentage of their trading fees.
By referring your friends, you will earn a % of the total mark-up fees generated through their trading activities. A mark-up is an extra fee added to Eterna's cost of liquidity provision, and is included in our standard trading fee.
Invite your colleagues to Eterna via your referral link from your referrals dashboard
The more EHX tokens you stake, the greater your share of the trading fees generated by your referrals.
Eterna’s Referral System has two components: 1) Referral Levels - determine the maximum possible % of total mark-up fees you can earn from each referral, and 2) Staking Tiers - determine the actual % of mark-up fees you will receive from each Referral Level.
The maximum % of mark-up fees you can earn from each of your referrals.
Stake 0 EHX Tokens
Receive 20% of your referrals' mark-up fees
Stake 100,000 EHX Tokens
Receive 50% of your referrals' mark-up fees
Stake 300,000 EHX Tokens
Receive 70% of your referrals' mark-up fees
Stake 800,000 EHX Tokens
Receive 80% of your referrals' mark-up fees
Stake 2,000,000 EHX Tokens
Receive 100% of your referrals' mark-up fees
The actual % of mark-up fees you earn from your referrals.
Assume you are a Tier 2 Staker
(with 300,000 EHX tokens staked), and you refer one of your friends:
0.70x0.40x(Mark-up Fees from Friend 1).
From your Level 1 referral, you can earn a maximum of 40% of the mark-up fees they generate. As a Tier 2 token staker, you will recieve 70% of the maximum amount .
Now assume that Friend 1 refers Friend 2, who then refers Friend 3, who then refers Friend 4. You have now created an investment chain that contains 4 other investors:
0.70x0.40x( Mark-up Fees from Friend 1)
0.70x0.15x( Mark-up Fees from Friend 2)
0.70x0.10x( Mark-up Fees from Friend 3)
0.70x0.05x( Mark-up Fees from Friend 4)
0.40x( Mark-up Fees from Friend 1)
0.15x( Mark-up Fees from Friend 2)
0.10x( Mark-up Fees from Friend 3)
0.05x( Mark-up Fees from Friend 4)
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