Links
🤝

referral program

the handle referral program allows referrers to introduce new users to the protocol and earn an ongoing % of the fees generated by that referred user; rebated as FOREX.
initially only approved referrers will be able to participate - applicants should dm via discord to obtain their referral link
referral rebates are applicable to a wide range of protocol fee categories (and in time will be explicity linked to, and benefit from, a referrers veFOREX balance)
initially referral rebates will be paid based on;
  • trade open and close fees,
  • hLP swap fees
coming soon hLP fees, more convert routes & fxToken loans
referral payouts are;
  • user receives additional 20% on top of any base rebates
  • referrer receives 50% user fees referral rebate
all rebates accrue immediately as user fees are collected and are also claimable immediately
to register a new users address as referred, the user must open a trade from an address unused on the handle protocol - and from that point onwards that address will be assisgned to that ref link & referrer.
additionally,
  1. 1.
    these rates apply to the inital trial phase only.
  2. 2.
    opportunites for bespoke and dao specific rebates and referrals may be implemented, dm us on discord to find out more.
  3. 3.
    during the inital trial phase a weekly max cap on total rebates and referral fees will be set at 50,000 FOREX - reviewed weekly.
if the handleDAO detects any manipulation - immediate cancellation of any refeerral benefits will apply