# Referral & Affiliate Program

#### **How It Works** <a href="#how-it-works" id="how-it-works"></a>

**Referral Flow Basics**

When a user makes a trade, a trading fee is generated:

* **10%** of the fee goes to the **prize pool**
* The remaining **90%** of the fee is called the **referral pool**
* Commissions are distributed from this referral pool

**Level Definitions**

* **Level 1 (Direct Referrer)**: The person who directly referred the trader. They earn **50%** of the referral pool.
* **Level 2 (Indirect Referrer)**: The person who referred the Level 1 user. They earn **10%** of the referral pool.
* **Platform (GRODT Trading Bot)**: Keeps the remainder after Level 1 and Level 2 payouts.

**Example Flow with Users A, B, C:**

* User A refers User B
* User B refers User C
* User C makes a trade with a **$10 fee**

**Distribution:**

* **Prize Pool** = $1 (10% of total fee)
* **Referral Pool** = $9 (90% of total fee)
* **User B** (Level 1, direct referrer of C) gets **$4.50** (50% of referral pool)
* **User A** (Level 2, indirect referrer of C) gets **$0.90** (10% of referral pool)
* **GRODT Trading Bot** (platform) keeps **$3.60** (the remainder)

**Key Rule:** Direct referrer always gets 50%, indirect (level 2) always gets 10%, platform takes the rest.

**1. Referral Hierarchy**

* **Level 1 (Direct)**: Users you invite directly earn you **50%** of GRODT's cut.
* **Level 2 (Indirect)**: Users invited by your Level 1 referrals earn you **10%**.

**2. Commission Calculation**

Commissions are based on **GRODT's cut** (trading fees minus prize pool contribution):

**Example**:

* Trade fee: $10 → $1 to prize pool → $9 GRODT's cut.
* **Your earnings**: $4.50 (50% of $9) for Level 1, $0.90 (10%) for Level 2.

***

#### **For Users** <a href="#for-users" id="for-users"></a>

**Getting Started**

1. Find your **unique referral link** in the bot (`/referrals` command).
2. Share the link with friends.

**Tracking Earnings**

Check your dashboard in the bot or website for:

* Total referrals
* Commission history
* Payout status

***

#### **For Admins** <a href="#for-admins" id="for-admins"></a>

**Custom Controls**

* **Adjust Rates**: Change commission % for specific users.
* **Block Referrals**: Disable spam/unwanted participants.
* **Analytics**
* View total referral volume, top performers, and payout summaries.

***

#### **Example Scenario** <a href="#example-scenario" id="example-scenario"></a>

| User    | Trade Volume | Your Earnings |
| ------- | ------------ | ------------- |
| Level 1 | $1,000       | $4.50         |
| Level 2 | $500         | $0.45         |

***

#### **FAQ** <a href="#faq" id="faq"></a>

❓ **How often are payouts?** → Weekly, in SOL/USDC.

❓ **Can I change my referral link?** → Yes, each user can change his referral link.

❓ **Where can I see my referrals?** → Use `/referrals` in the bot or visit the website dashboard.

❓ **Can i update my referrer?** → No, you can not update your referrer.

❓ **Can i set my referrer?** → Yes, you can set your referrer if it not already set by you or your are not referred by anybody.


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