Invitation and Referral Rewards
Last updated
Last updated
Registration is open for all supported wallets, however purchasing $SEED is invitation limited. There are 3 levels of inviter and invitee relationship; below is an example:
Jay sent his invitation code to B.
B is Jay’s Lv 1 invitee. Assume that B sent invitation code to C, then C sent his to D, then D to E, and they are all eligible invitees.
The inviter/invitee relation can be described as below:
Inviter | Lv1 Invitee | Lv2 Invitee | Lv3 Invitee |
---|---|---|---|
Contribution Requirement to Activate Referral Rewards | Lv 1 Invitee Rewards | Lv 2 Invitee Rewards | Lv 3 Invitee Rewards |
---|---|---|---|
An example for the referral scenario:
Jay contributed 1.5 ETH for $SEED and sent his invitation code to his social media account.
He is eligible for Lv 1 and Lv 2 invitee rewards (X=1.5 > 1 ETH and ≤ 10 ETH). His direct invitees have contributed 6.0 ETH in total, and secondary level invitees (invitee of invitee) have contributed 12.0 ETH.
Jay’s total Direct Referral Rewards would be 6.0 * 8% +12.0 * 5% = 1.08 ETH equivalent value of $SEED.
If an invitee has registered successfully via the referral code, and has purchased more than 0.1 ETH worth of $SEEDs, by definition this is an eligible invitee.
Jay
B
C
D
B
C
D
E
C
D
E
none
X < 1 ETH
8%
not eligible
not eligible
1 ≤ X < 10 ETH
8%
5%
not eligible
10 ≤ X ≤ 50 ETH
8%
5%
2%