🤝Referral System

We have implemented a tokenized referral system where each referral link is represented as an NFT. Each of them have two parameters:

• Discount — determines the amount of discount on the protocol fee for the referral. It varies from 5 to 15%

• Rebate — sets the percent that the referrer will earn from fees that their referral pays.

Prophet has three types of referral links:

— Basic: can be generated by any user. They give a referral a 5% discount on protocol fees and a small rebate. — For influencers: these links will be generated privately by the team. They give a 10% discount on fees with a slightly increased rebate. — VIP: Exclusive referral links include a 15% discount on fees, a maximum rebate, and other special privileges.

In the «Friends» section everyone will be able to generate a referral link, track activity of their referrals and claim income.

All parties benefit from such system: the referrer gets passive income, the referral gets discounts, and Prophet attracts new players and shares the protocol revenue.