LiquidX Referral System

The LiquidX Referral System is built to reward users for inviting others to join and trade on the platform. By referring friends or sharing your invitation code, you can earn commissions from their trading activity and unlock additional incentives.

1. Getting Your Referral Code

To request your own referral code, you must:

1. Follow & Retweet the official LiquidX campaign post

2. Join the official LiquidX Discord community

2. Referral Structure

• Each user can have only one referrer.

• Each user can invite unlimited downline referrals.

• Referral relationships are permanent after registration — once set, they cannot be changed.

Examples:

Ada registers with Bob's referral link. Ada will always be Bob's direct referral. Even if she later invites friends, her own referrer remains Bob permanently.

3. Commission Rewards

LiquidX shares part of the platform revenue with referrers. Commissions are generated from:

• Position fees (costs when opening/closing positions)

• Revenue share (trading fees generated from Liquidity Provider (LP) positions)

• Limit order fees

Commission Formula:

$$(1 - \text{Discount Rate}) × \text{Fee Charged × Commission Rate}f(x) = x * e^{2 pi i \xi x}$$

Example:

1. Bob refers Candy.

2. Candy opens a position with a $10 trading fee.

3. Candy has a 10% trading fee discount (Discount Rate = 0.1).

4. Bob's commission rate = 20%.

How much would Bob earn from referral:

$$(1 - 0.1) × \$10 × 0.2 =\$1.80$$

4. Commission Tiers

Your commission rate depends on your referral tier, which is determined by the monthly trading volume of your direct referrals.

Evaluation Process:

• At the end of each month, LiquidX calculates the total trading volume of your direct referrals.

• Your commission tier for the current month is based on your previous month’s results.

Tier	Commission Rate	Referral Volume (30D)
Lv1	10%	$0 - $500K
Lv2	25%	$500K - $1M
Lv3	50%	> $1M