How do I double my earning rate to 50%?
You can double the referral commission rate you earn by holding 10,000 or more LRC tokens. LRC tokens power the Loopring decentralized exchange protocol - the protocol on which Dolomite is built. You can trade for LRC tokens on Dolomite using Ethereum. Learn more about LRC and Loopring here: loopring.org
What do my friends get for using my referral link?
When your friends sign up using your referral link, they get to enjoy reduced trading fees for their first month on the platform, paying 25% less in fees.
Is there a limit to how much I can earn?
There is no limit to how much you can earn with the Dolomite referral rewards program, and no limit to the number of friends you can refer. Refer as many people as you can to maximize your earnings!
How are earnings calculated?
You receive 25-50% of the fees that your friend would pay on every trade they conduct in their first month on the platform. For example, if your friend makes a trade worth $4,000 they would pay 0.4% in fees, so $16. With their 25% discount, that fee would be $12. For that one trade, you would earn $3 (25%) or $6 (50%) as a commission depending on if you hold enough LRC tokens to double your commission rate.
How long do I receive commissions for?
You receive commissions for the first month (30 days) that your friend trades on Dolomite, and they pay 25% less in fees for that same period. The period starts when they complete the first account info tier, providing their name, email, and date of birth.