# 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:
AspectDetails
EligibilityAll ZOLBO users can participate in the referral program.
Bonus Structure- You receive a portion of the ZLB points deducted from the performance fees of your referred friends.
- The bonus starts at 1% and increases by 1 percentage point for every 10 friends you refer.
- The maximum bonus rate is 50%.
Examples- If you refer 20 friends, you receive 3% of the performance fees from each of them.
- If you refer 50 friends, you receive 5% of their performance fees.
- The percentage increases up to a cap of 50%.
Conditions- The referral bonus applies for 360 days from your friend's signup date.
- No limit to the number of referrals, but the referral percentage is capped at 50%.
Payout MethodBonuses are paid out in ZLB points, which can be used within the platform or converted into ZLB tokens for withdrawal.
*** ### **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:
MethodDetails
Using ZLB Points on ZOLBOYou can use ZLB points to cover performance fees or other services directly on the ZOLBO platform.
Converting ZLB Points to ZLB TokensZLB points can be converted into ZLB tokens, which can then be traded on decentralized exchanges (DEXs) to cash out or hold as an investment.
Purchasing ALC TokensWhen 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%.