HMU if you would like a referral
Genesis Update: Referral System Live
The Referral System is now live to reward Virgens who bring new participants into the ecosystem and help grow agents.
When a new Virgen uses your referral code and begins trading agent tokens in a taxable Agent/$VIRTUAL pool, you'll earn a share of the trading tax.
How it Works:
The system supports up to two layers of referral rewards:
• Layer 1: Your direct referral. When this Virgen trades, you receive 20% of the trading tax from their activity.
• Layer 2: The referral of your referral. When they trade, you also receive 5% of the trading tax from their activity.
Only two layers are eligible for referral rewards. Activity beyond Layer 2 does not generate any rewards.
Referral rewards are paid out daily in $VIRTUAL and are funded from a 1% trading tax applied to eligible trades.
What Qualifies:
• Buy or sell activity in taxable agent/$VIRTUAL pairs
• Referral code must be entered before any trading activity
What Doesn't Qualify:
• Trades involving tax-exempt tokens (e.g., $LUNA or migrated tokens)
• Trades in non-taxable pools (e.g., $VIRTUAL/USDT on CEXs or DEXs)
• Trading activity from wallets without a referral code
• Staking agent tokens, staking $VIRTUAL, and yapping
• Activity before a referral code is entered (rewards are not retrospective)
Where to Find Your Referral Code:
You can find your unique referral code, in the Profile page on Virtuals Protocol.
Referral rewards will begin distribution starting tomorrow.
Now go recruit Virgens.
Genesis needs you.
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