π’Refer to Earn
4CAST's referral program incentivizes users to bring new participants to the platform, enhancing community growth and engagement. Hereβs how it works:
Referral Rewards
Users earn up to 20% of the referred userβs market fees(when the referred users play) as a reward. This provides a continuous incentive for users to refer others.
Fee Rebates for Referees
Referred users can claim a periodic 5% fee rebate by using other referrers' referral codes and registering. For instance, they can claim 5% of their previously generated fees (incurred when they placed predictions) every 7 days, encouraging continued participation.
Referral Tier System
At 4CAST, we are excited to unveil our Season 1 Referral Tier System, designed to reward you for bringing new users to our platform. There are two roles you can achieve: 4CAST MEMBER and 4CAST HERO. The system is structured into multiple tiers, calculated on a tiered accumulative basis over a 7-day referral volume.
As shown in the diagram, 4CAST MEMBER has a total of 5 referral tiers, and 4CAST HERO has 3 tiers, each corresponding to different referral volumes and the respective reward ratios (generated from the fees of the referred users' participation in predictions).
The MIN represents the minimum referral volume over seven days that qualifies for a specific reward tier.
The MAX represents the maximum referral volume over seven days that qualifies for a specific reward tier (excluding the maximum value).
Rewards are automatically updated based on the referral volume from every 7-day cycle, ensuring you receive the latest benefits from your referrals.
If you wish to apply for 4CAST HERO and enjoy higher referral rewards, simply click "APPLY" below the referral tier system diagram on the REWARDS page pop-up once you reach 4CAST MEMBER Tier 3. Fill out the Google form, and our team will contact you. Thank you for being part of our community and for your contributions.
Referral Example
If you refer $25,000 in the current 7-day cycle, your rewards at the end of the cycle will be calculated based on the closing day's SOL price as follows:
$5000 * Fees * 5%, plus
($15,000 - $5,000) * Fees * 7.5%, plus
($25,000 - $15,000) * Fees * 10%
And the referred user benefits from 5% discounted fees over time.
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