At the moment PepeTeam DEX works in BETA mode.
How to participate in the DEX's Referral program
The PepeTeam DEX has a referral program. 30% of the trading fees paid by referral program participants is sent to the referral program fund. Simply put, only the 30% of the trading fees paid by referral program participants are considered in calculations of the referral program’s cash back. There are two other conditions of the program: account cannot be disconnected from the referral program and previously used account cannot be connected to the referral program.
At the moment our referral program has only two layers - referrer and referral. User can become a referrer only by sending an application (application form will be released soon) to the PepeTeam and if his application will be approved. This position is for influencers. For those, who spread the referral link among their subscribers and followers in social networks. If a user follows the referral link he becomes a referral and a participant of the referral program. It means that from this moment on, the referral receives 10% of his trading fees paid to the referral program’s fund. The referrer gets also 10% of his trading fees paid to the referral program’s fund as well as 70% of the trading fees paid by his referral to the referral program’s fund.
Let's picture this via formulas:
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Referrer gets 30%*10%=3% from his trading fees and 30%*70%=21% from trading fees of his referrals;
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Referral gets 30%*10%=3% from his trading fees.
After each referral's trading deal, the referrer receives Points that can be exchanged for the stablecoins at the end of the month.
Of course, our referral program evolves over time. New levels will be added into the program and its conditions will become more attractive.
Do some questions remain after reading this awesome rich article? - If so, try to ask them to our support.