Referral Program and Address Milestones
Acta Finance is the first DeFi platform that brings a Referral Program, and Address Milestones, on-chain to incentivize user activity in a transparent way. There will be 3 referral levels. Users are rewarded upon reaching Address Milestones and can also earn rewards when their personal network reaches a milestone. Each user will need to deposit 50 ACTA tokens to a smart contract that will enable the referral link to be generated. These 50 ACTA tokens will be locked for 12 months. The minimum rewards amount that can be claimed is 10 ACTA tokens.
*The numbers are taken at the moment of writing the White Paper. Each smartcontract will be dynamic and possible to adjust rewards.
Acta Finance introduces the 10% kickback program as an incentive for users to be connected to a referral network. As the user’s activity generates address milestone rewards, his affiliate gets a commission on which the referral (user) receives a 10% kickback.
Tertius refers Secundus Secundus refers Primus Primus refers me. I reach $1,000,000 trading volume on ActaFi Swap, and therefore I receive 500 ACTA Tokens as reward for reaching the Address Milestone. Primus receives 10% commission = 50 ACTA Secundus receives 5% commission = 25 ACTA Tertius receives 3% commission = 15 ACTA
If I have deposited 50 ACTA in the affiliate smart contract, even without having any referrals, the kickback program is active. This means that every affiliate kicks back 10% of the rewards they get from me. So I receive 5 ACTA from Primus, 2.5 ACTA from Secundus and 1.5 ACTA from Tertius.