> For the complete documentation index, see [llms.txt](https://docs.zolbo.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.zolbo.ai/whitepaper/referral-bonus.md).

# Referral Bonus

ZOLBO's referral program allows users to earn rewards by sharing a portion of the performance fees deducted from their referred friends. The more friends you refer, the higher your reward percentage. Here's how it works:

<table><thead><tr><th width="147">Aspect</th><th>Details</th></tr></thead><tbody><tr><td>Eligibility</td><td>All ZOLBO users can participate in the referral program.</td></tr><tr><td>Bonus Structure</td><td>- You receive a portion of the ZLB points deducted from the performance fees of your referred friends.<br>- The bonus starts at 1% and increases by 1 percentage point for every 10 friends you refer.<br>- The maximum bonus rate is 50%.</td></tr><tr><td>Examples</td><td>- If you refer 20 friends, you receive 3% of the performance fees from each of them.<br>- If you refer 50 friends, you receive 5% of their performance fees.<br>- The percentage increases up to a cap of 50%.</td></tr><tr><td>Conditions</td><td>- The referral bonus applies for 360 days from your friend's signup date.<br>- No limit to the number of referrals, but the referral percentage is capped at 50%.</td></tr><tr><td>Payout Method</td><td>Bonuses are paid out in ZLB points, which can be used within the platform or converted into ZLB tokens for withdrawal.</td></tr></tbody></table>

***

### **How to Use Your Earned ZLB Points**

After accumulating ZLB points through the referral program, users can choose from a few different ways to use or convert them:

<table><thead><tr><th width="196">Method</th><th>Details</th></tr></thead><tbody><tr><td>Using ZLB Points on ZOLBO</td><td>You can use ZLB points to cover performance fees or other services directly on the ZOLBO platform.</td></tr><tr><td>Converting ZLB Points to ZLB Tokens</td><td>ZLB points can be converted into ZLB tokens, which can then be traded on decentralized exchanges (DEXs) to cash out or hold as an investment.</td></tr><tr><td>Purchasing ALC Tokens</td><td>When Alchemi Lab holds majority voting power (above 50%), you will be able to purchase ALC tokens at a rate of 10 ZLB points per ALC. This option will no longer be available once Alchemi Lab's voting power falls below 50%.</td></tr></tbody></table>


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