Affiliation
To accelerate our growth, we've introduced an innovative referral program that rewards our community for spreading the word about our project. Participants can earn a percentage of DVE tokens purchased by those they refer, creating a multi-tiered incentive structure.
Here's how it works: Referrals are rewarded with 10% of the DVE tokens purchased by their direct referrals (first line), 5% from the second line of referrals, and 2.5% from the third line.
Let's illustrate this with an example involving four individuals: Andrew, Jim, Michael, and Dwight. Andrew introduces Jim to our project, earning Andrew a 10% bonus on the DVE tokens Jim acquires. Impressed by the project, Jim recommends it to Michael. As a result, Jim earns a 10% bonus on Michael's purchase, and Andrew receives an additional 5%. Michael, finding value in the project, refers Dwight, leading to Michael earning a 10% bonus on Dwight's purchase, Jim receiving a 5% bonus, and Andrew benefiting from an additional 2.5%.
This model demonstrates how Andrew successfully leveraged his network to earn DVE tokens from the purchases of a friend's friend's friend, showcasing the potential of our referral system. We're excited to affirm that our project is fully equipped to support such a comprehensive referral system without any concerns.
To mitigate the potential for high selling pressure following the distribution of DVE tokens through our affiliate system, we have implemented a 365-day vesting schedule. This means that tokens earned via referrals will be gradually released over the course of one year, with a portion becoming available each day. By distributing tokens in this manner, we ensure a steady release while allowing our daily buybacks and burns to counteract inflationary effects on the DVE supply.
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