PumpBTC Referral Program

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Last updated 10 months ago

PumpBTC Referral Program

At PumpBTC, we believe in the power of community and shared success. That's why we're excited to introduce our Referral Program. This program is designed to reward our users for growing the PumpBTC ecosystem and to foster a collaborative environment where everyone can benefit from collective growth. This program aligns with our core values of transparency, community-building, and shared prosperity in the decentralized restaking space.

Create/Join a Team

Any user with a stake of 0.02 BTC or more can create a team. Once created, teams cannot be disbanded, and team creators cannot join other teams.
Users who haven't created a team can join any team using a referral code. There's no minimum stake requirement to join, but once joined, users cannot leave the team.

Referral Structure

Upon team creation, the Team Captain receives 10 Tier-1 referral codes.
Tier-1 Members (those who join using a Tier-1 code) receive 5 Tier-2 referral codes.
Tier-2 Members (those who join using a Tier-2 code) cannot invite others.

Rewards

Team Captains receive 8% of the daily Points earned by their Tier-1 Members.
Tier-1 Members receive 16% of the daily Points earned by their Tier-2 Members.
Team Captains receive rewards from Tier-1 Members + personal staking + Tier-2 Members.
Point rebates are NOT affected by acceleration boosts.
- For example: If a Tier-2 Member earns 100 points, the Tier-1 Member receives 16 points, and the Team Captain receives 1.28 points from this.
- If the Tier-2 Member has an 8x boost, the calculation would be: Tier-2 Member 100 * 8 = 800 points, Tier-1 Member receives 128 points, and the Team Captain receives 10.24 points.

Drips

When a team has at least 3 members, at 24:00 daily (UTC+0), drips are calculated based on the team's total staked BTC * 10,000. These drips are then deposited into the team's treasury.
These drips are distinct from Points. In the future, PumpBTC plans to empower drips holders with additional benefits and utilities. Accumulating these drips in your team's treasury may provide great advantages as the PumpBTC ecosystem evolves.

This program structure encourages team building and long-term engagement, while also offering potential future benefits through the accumulation of drips and points. As always, we recommend users stay informed about updates and announcements regarding the utility and value of these drips within the PumpBTC ecosystem.

PreviousPumpBTC Points Explanation NextTech Specs

Last updated 10 months ago

Create/Join a Team

Any user with a stake of 0.02 BTC or more can create a team. Once created, teams cannot be disbanded, and team creators cannot join other teams.
Users who haven't created a team can join any team using a referral code. There's no minimum stake requirement to join, but once joined, users cannot leave the team.

Referral Structure

Upon team creation, the Team Captain receives 10 Tier-1 referral codes.
Tier-1 Members (those who join using a Tier-1 code) receive 5 Tier-2 referral codes.
Tier-2 Members (those who join using a Tier-2 code) cannot invite others.

Rewards

Team Captains receive 8% of the daily Points earned by their Tier-1 Members.
Tier-1 Members receive 16% of the daily Points earned by their Tier-2 Members.
Team Captains receive rewards from Tier-1 Members + personal staking + Tier-2 Members.
Point rebates are NOT affected by acceleration boosts.
- For example: If a Tier-2 Member earns 100 points, the Tier-1 Member receives 16 points, and the Team Captain receives 1.28 points from this.
- If the Tier-2 Member has an 8x boost, the calculation would be: Tier-2 Member 100 * 8 = 800 points, Tier-1 Member receives 128 points, and the Team Captain receives 10.24 points.

Drips

When a team has at least 3 members, at 24:00 daily (UTC+0), drips are calculated based on the team's total staked BTC * 10,000. These drips are then deposited into the team's treasury.
These drips are distinct from Points. In the future, PumpBTC plans to empower drips holders with additional benefits and utilities. Accumulating these drips in your team's treasury may provide great advantages as the PumpBTC ecosystem evolves.