All about Referral Program
1% of the effort of 100 men is better than 100% of your own effort
A referral program is a word-of-mouth (WOM) initiative designed by Leaven Network to incentivize existing users to introduce their family, friends and contacts to become new users.
The referral program that Leaven Network uses is with incentive payment in order to maximize even more, in addition to APYs, allowing its users to choose how much to earn (up to NO LIMITS
" Leaven Network, the first Decentralized Application with a Referral Program Real Blockchain!"
The Referral Program is one of the main products of Leaven Network. Additionally to the APY's generated from the vaults, you can earn unlimited earnings from the Referral Program. In order to do this the only thing you need to do is share your Leaven Network referral link with your friends, teach them to do the same and start earning together commissions up to NO LIMITS, something that only in Leaven Network you can find.
Leaven Network retains 20% from the vaults' APYs in order to distribute this percentage to the referral program. In this way everyone can leaven (or boost), up to no limits, their earnings. Find more about this powerful tool here Leaven Numbers.
This is Leaven Network's unicity: to leaven even more your deposited tokens. Leaven Network is the first Decentralized Application to create this innovation!
The incentive payment created by Leaven Network to reward its referrers is called "Compensation Plan".
After connecting your wallet, click on "Dashboard", then "Earnings", then you can see your "Earnings Breakdown"
You get your referral Unilevel earnings every time your referees withdraw. Same as in the vaults, you get your earnings in your wallet when you withdraw. After connectiong your wallet, you can see your expected earnings and your earnings already received here:
As you can see the amount of your LPs accrued here:
Your funds will never be held by Leaven Network. Your funds deposited in the vaults are inside the pools of the underlying platform (PancakeSwap).
For this reason Leaven Network doesn't pay on deposit, but pays on withdraw. This is how Real Blockchain works.
We encourage Leaven Network users to withdraw accrued interests once a month, and to teach their network's users to do the same, to actually test and see the earnings from the referral program.
Leveraged well, Leaven Network can become one of your monthly source of income.
We recommend all users to add all LPs addresses from all available vaults in Leaven Network so they can find their rewards in their wallet.
You get your referral Unilevel earnings in your wallet, same as when you withdraw from the vaults.
You get paid in the same LPs your referee withdrawn.
Yes, referral Unilevel earnings compound every time when compounding and earn funcion is called. If you withdraw then obviously will not be compounded anything. That's why we suggest withdrawing only the accrued interests and leave the other amounts compounding.
Referral earnings compound in your referees' vault. When your referees withdraw then you will get the compounded LPs directly into your wallet.
Other referral earnings do not compound (e.g. Global Growth Bonus and Ambassadors' Bonus) because this are referral earnings coming from Leaven Network's revenues and not from commissions from your referees. In order to compound also this earnings you should need to add them manually, as when you deposit in a vault as brand new.
Tokens that are compounding from referral are the LP tokens deposited in the vault of your referees.
You can see your Rank status on the app page https://app.leaven.network/#/referral-dashboard in "Dashboard"
You get your referral Global Growth earnings every day 1 of each month.
You get your referral Global Growth earnings in your wallet, same as when you withdraw from the vaults and same as for Unilevel earnings.
You get paid in BUSD.
This is a bonus paid quarterly (every 3 months, in day 1 of each quarter).
You get your referral Ambassador earnings in your wallet, same as when you withdraw from the vaults, same as for Unilevel earnings and same as for Global Growth earnings.
You get paid in BUSD.
Referrer: a person who makes a referral/refers another (their friends, family and acquaintances).
Referee: a person who is invited to a referral/ referred by another.