Referral Program
Referral Rewards: Building Viral Growth
BioFoundry's Referral Rewards are a cornerstone component of the Emeralds program, carefully designed to stimulate sustainable viral loops, incentivize authentic user growth, and directly reward community members who actively expand the ecosystem.
Referral Rewards Mechanics
BioFoundry's referral system emphasizes quality and sustained engagement:
Revenue-Sharing Rewards:
Earn a percentage share (0.5%-1%) of all trading fees generated by users referred to BioFoundry’s liquidity pools and token launches.
Tiered rewards increase substantially based on volume milestones, rewarding sustained user engagement over quick, superficial growth.
Emerald Points for Referrals:
Every successful referral directly grants additional Emerald points, feeding into the broader Emerald Rewards leaderboard.
Additional bonus points for high-quality referrals (users reaching trading thresholds, sustained engagement over multiple weeks, etc.)
Leaderboard & Competition Dynamics
Public leaderboards clearly rank top referrers, creating healthy competition, visible recognition, and substantial incentives for continued ecosystem contribution:
Leaderboard Visibility: Top referrers publicly displayed, fostering competition and community engagement.
Tiered Leaderboard Rewards: Leaderboard rankings correspond to Emerald multipliers, incentivizing sustained referral activity and escalating community growth.
Referral Example Scenario:
Consider a hypothetical referral scenario:
You refer a user ("Alice") who actively participates in the SMILE token LBP, trading a total of $10,000 worth of tokens.
You earn:
Referral Revenue: If referral rewards offer 1% of trading fees, and assuming a 2% trading fee structure, your earnings from Alice’s activity total approximately $2 per $10,000 traded—cumulative earnings multiply with ongoing activity.
Emerald Bonus: You also earn Emerald points for Alice’s activity—e.g., 100 Emeralds for each active referred user exceeding a certain threshold, boosting your leaderboard rank and future token allocation.
Anti-Sybil & Quality Participation Measures
To ensure integrity and quality engagement:
Referral rewards activate only after referred users reach certain minimum activity levels (e.g., minimum trading volume).
On-chain analytics and heuristics detect and disqualify suspected low-quality or sybil behavior, ensuring Emerald distributions genuinely reward authentic community contributions.
How to Get Started with Referrals:
Visit your BioFoundry profile and generate your personalized referral link (single-click generation, easy-to-share).
Share your referral link across social channels (X, Telegram, Discord) and invite new users.
Earn sustainable, ongoing rewards and Emerald points as your referrals engage with the BioFoundry ecosystem.
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