@christea said in An Update to the Rules of Referring as Mining on ViteX:

To further optimize and incentivize our users, rules of Referring as Mining on ViteX have been modified.

Updates are as follows:

Referees will receive the following benefits:

• Spend 1,000 VITE to generate an invitation code and become a qualified referee (1,000 VITE payment will be burned)

• Receive a weighted 5% of invited users' Trading as Mining rewards

• Receive a weighted 2.5% of invited users' Market-Making as Mining rewards

Invited users will receive the following benefits:

• An extra 2.5% of occurred trading fees being counted towards Trading as Mining rewards calculation

• An extra 1.25% being counted towards Market-Making as Mining rewards calculation

• 10% off total trading fees, including operator fee and base fee

Dec 19, 2019
Team ViteX

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