Annex 1 to Affiliate Agreement
1. Overview
The Dayvidende Affiliate Program is designed to incentivize individuals who refer new users to purchase DVE tokens. The program operates on a simple, percentage-based commission system across three levels of referrals.
2. Commission Structure
Direct Referral Bonus:
When an affiliate refers a new user who purchases DVE tokens, the affiliate will receive 10% of the tokens purchased by the referred user.
Second-Level Referral Bonus:
If the referred user (referred by the affiliate) subsequently refers another new user, the affiliate who referred the second-level user will earn 10% of the new user's purchase. Additionally, the first-level affiliate (who referred the original user) will receive 5% of the tokens purchased by the second-level referral.
Third-Level Referral Bonus:
If the second-level referred user refers yet another new user, the third-level referrer will earn 10% of the new user’s purchase. The second-level affiliate will receive 5%, and the first-level affiliate will earn 2.5% from the third-level referral.
3. Token Locking Period
Tokens earned through the Affiliate Program will have a locking period of one year. These tokens will be released in accordance with the block rewards per the BNB network guidelines.
Clarification: After the one-year locking period, affiliates will be able to claim and withdraw their earnings at any time, once available in their verified wallets. The withdrawal process will be initiated through the affiliate dashboard or other designated platform features, and will be processed based on the standard withdrawal procedures outlined in the Affiliate Agreement.
4. DVE Tokens and APR Eligibility
DVE tokens acquired through the Affiliate Program:
Will not be eligible for the 30% APR in BNB until they are claimed and held in the verified wallet of the IMO Affiliate.
The 30% APR begins accruing only after the tokens are claimed, not while they are still locked in the vesting contract.
This mechanism is described in Clause 5e of the Affiliate Agreement, which outlines the APR process and eligibility requirements.
5. Program Modifications
Dayvidende reserves the right to modify the terms of the Affiliate Program, including the commission structure and other program parameters. Affiliates will be notified of any such changes via email or other official communication channels. Changes will be effective as of the date specified in the communication. It is the affiliate’s responsibility to stay informed of any program updates.
6. Example of Earnings
To illustrate potential earnings, consider the following scenario:
• Affiliate A refers User 1 who purchases 100 DVE tokens.
Affiliate A earns 10 DVE tokens as a direct referral bonus.
• User 1 then refers User 2, who purchases 200 DVE tokens.
User 1 earns 20 DVE tokens (10%), and Affiliate A earns 10 DVE tokens (5% of 200 DVE).
• User 2 refers User 3, who purchases 300 DVE tokens.
User 2 earns 30 DVE tokens (10%), User 1 earns 10 DVE tokens (5%), and Affiliate A earns 7.5 DVE tokens (2.5%).
7. Summary
The Dayvidende Affiliate Program uses a simple, tiered commission structure to reward participants for strengthening our community by promoting the DVE token sale. By participating in this system, affiliates can earn commissions for referrals across multiple levels while contributing to the growth and sustainability of the Dayvidende ecosystem.
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