Lifted Docs

Sharing incentives

The sharing incentive refers to the mechanism of earning rewards by sharing and inviting other users. When users share the platform and successfully invite others to join, they can receive additional incentives. These incentives are based on the following factors:
  1. 1.
    Number of invited users: The more users a person invites, the more sharing incentives they can earn.
  2. 2.
    Staked quantity of invited users: The higher the quantity of tokens staked by the invited users, the greater the rewards for the inviter.
Through the sharing incentive mechanism, Liftedbit encourages users to invite more people to join the platform and incentivizes their active participation and contribution. This helps expand the community and provides users with extra rewards.
As of now, the shared incentive program includes but is not limited to the following rules:.
  1. 1.
    For each indirectly referred user, the referrer will receive an additional reward of 2%-5% of their staking rewards, depending on the level of indirect referral.
  2. 2.
    Please note that if your referrer (whether directly or indirectly referred) has a staking amount that exceeds the staking amount of the invited address, the excess amount will not be considered for rewards.
Please note that these are the current rules for the shared incentive program, and more detailed rules may be provided in the future. Users are encouraged to stay updated with the platform's announcements for any changes or additional information.
Note: For each invitation address, up to 10 new addresses can be bounded to.