To encourage influencers and prominent DeFi community members to help with promotion, Perpetual Protocol has launched a referral program.
⚠️ Perpetual Protocol retains the right to update program rules to prevent abuse at any time.
The referral program runs on a weekly basis, and rewards are paid out weekly. The Perpetual Protocol team will reassess the program in January 2022 to evaluate performance.
Increase daily active users (DAU).
Get a referral code from a referral partner (see below).
Go to the referral dashboard and enter your code. You'll sign a transaction linking the code to your address. You'll need a tiny amount of xDAI for this.
Entering your code using
setReferralCode in this contract:
0xF1d5BA04a25A6D88c468af932BFe2B1e78db7B45. The address used to sign the transaction will be associated with the referral code you enter.
Any trader can register under one of the referral partners as a 'referred trader'. Please see the list of referral partners below to join as a referred trader.
As a referred trader, you are eligible for discounts on trading fees, paid in PERP weekly to your registered account.
Rewards are issued weekly:
Reward period: Sunday 0:00 to Saturday 23:59:59 (UTC)
Reward issuance: Monday (best effort basis)
Rewards will gradually reduce to align with industry standards.
Month Trader rebate*---------- ----------------Aug-Sep 40%Oct-Nov 25%Dec-Jan 10%*Based on trading fees, and paid in PERP
Caps are maximum rewards earnable per week, in USDC. You can increase your caps by staking PERP with the same address you use for trading. Keep in mind rewards are paid in PERP.
Staked PERP Reward cap (USDC)------------- -------------------0 200100 5001000 80010000 1200
Rewards are calculated in USDC, and paid in PERP.
The PERP price will be calculated using 7-day TWAP for each weekly trading period.
The referral program will be run in cooperation with referral partners. The goal of restricting referral partner sign ups is to increase potential earnings and thereby attract high-profile influencers in the trading and investment space to help promote the protocol.