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  • Lavarage Affiliates Program
  • Affiliate New User BONUS
  • Lavarage “Refer-a-friend” (Referral) Program
  1. Community

Referral & Affiliates Program

PreviousMission 5NextTerms & Conditions - Affiliate Program

Last updated 5 months ago

Lavarage Affiliates Program

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**

< 2,500 SOL

40%

2,500+ SOL

50%

* 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.

Affiliate New User BONUS

An Affiliate will earn the following rewards for every eligible referred user (“Referee”):

Referee*
BONUS**

First 250 referee

$10 per Referee

250+ referee

$8 per Referee

* 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.

Lavarage “Refer-a-friend” (Referral) Program

Referrers shall be entitled to the following commissions

No. of referees
% commission*

< 10 Referees

25%

10th Referee and above

35%

* 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.

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Terms & Conditions
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