Referral Bonus
Last updated
Last updated
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:
Aspect | Details |
---|---|
After accumulating ZLB points through the referral program, users can choose from a few different ways to use or convert them:
Method | Details |
---|---|
Eligibility
All 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 Method
Bonuses are paid out in ZLB points, which can be used within the platform or converted into ZLB tokens for withdrawal.
Using ZLB Points on ZOLBO
You can use ZLB points to cover performance fees or other services directly on the ZOLBO platform.
Converting ZLB Points to ZLB Tokens
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.
Purchasing ALC Tokens
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%.