The ultimate referral program

MappedSwap’s referral program has the best returns when you are the very first person who leads and builds a team to reap the rewards. Retrieve your referral code, and start sharing to friends and family who are interested in crypto staking.

Users can farm MST (read more here: https://mappedswap.medium.com/ways-to-get-involved-with-mappedswap-411c5a2c3880) which is MappedSwap’s platform token, and this can be re-staked for more rewards. Other than MST, users can earn M tokens, which are pegged tokens to USDC, wBTC and ETH by doing spot and margin trading.

To start staking, users have the option to choose which token they want to stake to, wBTC, ETH or USDC. They have no limitations on what to stake upon.

MappedSwap is also running an early bird promotion where users can stake with 100% returns (known as initial rewards) aside from APY %, however it comes with a 2 year lock in period. This early bird has a window of 1 billion USD threshold, once this is fulfilled, the promotion will end. Subsequent staking will not require any lock in period. This 1 billion threshold is divided to 600 million USDC supply, 200 million each on wBTC and ETH supply.

And how does the referral work?

Here is an example of how the direct referral works: A refers B, B refers C, C refers D

A’s weekly Volume = A + (B + C + D +….)

B’s weekly Volume = B + (C + D +….)

Remark 1: Weekly Vol. = Transaction Volume from You + Transaction Volume from directly/indirectly referred users

Remark 2: MST staking/un-staking affects the rebate level immediately.

A 7-day waiting period is required for un-staking MST.

The referral model: for example, if A refers B and C, B refers E and F, while C refers G, H, and so on… Then B and C are the directly referred users of A, whereas E, F, G, H… are the indirectly referred users of A.

How is the rebate calculated?

Here is the example of A refers B and C, but A does not trade,

A’s Rebate is calculated with the below formula:

User A Rebate = User A’s (Transaction Fee + Interest Fee) X A’s Rebate Level + User B’s and his directly/indirectly referred users’ (Transaction Fee + Interest Fee) X A & B’s Rebate Level Spread + User C’s and his directly/indirectly referred users’ (Transaction Fee + Interest Fee) X A & C’s Rebate Level Spread

User A Rebate = 0 X (15%+15%) + (450+50+30+5) X 15% + (1200+100) X 0