👥Referral System
Last updated
Last updated
The referral system of Ape.Store is unique and fosters a competitive dynamic among sponsors.
Whether you're a Trader, Project Creator, or simply looking to generate income through our referral system, everyone can retrieve their 'referral link' by clicking on the 'My Profile' section in the left menu.
We care about your anonymity, that's why your referral link is not linked to your name, alias or wallet address.
The main objective of the system is to reward top sponsors while also fostering competition among them. The principle is simple:
Those who share their "referral link" acquire referrals who generate volume. The cumulative total of this volume allows them to rank higher on the leaderboard and share the prize pool (which is updated based on the platform's volume). The top 50 on the leaderboard are rewarded according to the following breakdown:
1st: 11% (11%)
2nd: 8% (8%)
3rd: 6% (6%)
4-5: 5% each (10%)
6-25: 2% each (40%)
26-50: 1% each (25%)
Traditional redistribution systems operate in a non-selective and automated manner, ultimately resulting in no one earning a significant amount and sponsors becoming discouraged. With Ape.Store's revolutionary referral system, significant earnings are more easily achievable. For example:
With Ape.Store's system, if the prize pool is 2 ETH and the #1 spot receives 11% of it, they would receive 0.22 ETH ($836).
To earn the same amount in a traditional system that redistributes 10% of generated fees, a sponsor would need referrals generating $836,000 in volume. That would take an immense amount of time...
Redistribution is based on your referrals' volume, and the timer resets weekly. This means if your referrals perform better the following week, you'll achieve a higher ranking because your referrals are tied to you for life.
Each referral can also become a sponsor by sharing their "referral link," and in turn, accumulate referrals who generate volume and potentially propel them into the leaderboard.
