Referral & Affiliates Program
Last updated
Last updated
Affiliate Trading Fees Rebate
Affiliates are entitled to a % rebate based on the aggregate Borrowed Amount of the Affiliate’s Referees, as outlined below:
Aggregate Borrowed Amount (SOL) per calendar month* | % fee rebate** |
---|---|
* Minimum 10 SOL aggregate Borrowed Amount per calendar month by the referees to qualify for this program.
** % fee rebate payout is calculated based on aggregate Borrowed Amount (SOL) of referees per calendar month.
E.g. if aggregate Borrowed Amount is 5,000 SOL for the month of November, the % fee rebate will be 50% of Borrow Fees. The % fee rebate is calculated at the end of November and paid out in SOL within 7 working days thereafter.
An Affiliate will earn the following rewards for every eligible referred user (“Referee”):
Referee* | BONUS** |
---|---|
* Minimum 20 Referees to qualify for BONUS. Only Referees with Borrowed Amount of at least 1 SOL in total after signup are qualified referees for this scheme.
** The BONUS payout calculation is based on the number of qualified referees of each band e.g.: if there are 500 qualified referees signed up, the first 250 will be paid $10 per referee and the remaining 250 will be paid $8 per referee. BONUS is calculated at the end of the calendar month and paid out in SOL within 7 days thereafter.
Note 1: The Affiliate New User BONUS and the Affiliate Trading Fees Rebate are mutually inclusive and rewards are paid out when the conditions of each Part are met.
Note 2: The Affiliate Program cannot be used in conjunction with the Referral Program
Note 3: The terms and conditions of this program are subject to modification, update or change by Lavarage at any time.
Terms & Conditions apply
Referrers shall be entitled to the following commissions
* Payout commission is a % of the open fees charged on the Referees for first 90 days after signup and subject to change thereafter.
Note 1: The terms and conditions of this program are subject to modification, update or change by Lavarage at any time.
No. of referees | % commission* |
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< 2,500 SOL
40%
2,500+ SOL
50%
First 250 referee
$10 per Referee
250+ referee
$8 per Referee
< 10 Referees
25%
10th Referee and above
35%