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  1. wechain

$WFI Referral

PreviousHow to Vest and Claim $WFINextAI ZK Node

Last updated 3 months ago

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Referral WFI is a reward system designed to recognize and reward your contributions as you help expand the WeChain network by purchasing ITO nodes and activating them to support WFI mining. In addition to the WFI generated through your activated ITO, you will also receive Referral WFI tokens as part of the general WFI claim routine, acknowledging your efforts.

Key Points:

Referral and Staking Pool: A total of 127,931,034 WFI tokens (out of the overall 1,000,000,000 WFI supply) is allocated to the Referral & Staking Program. These tokens will be used specifically for referral rewards and staking incentives, distributed from a dedicated referral and staking pool.

Exchange Listing Reserve: An additional, separate allocation of 10,000,000 WFI tokens is reserved solely for exchange listings to support liquidity and market expansion.

Distribution Schedule for Referral Rewards: Referral WFI tokens will be distributed to eligible users once a week and will automatically enter the staking pool.

Eligibility for Referral Rewards: Users can earn referral WFI based on the percentage of WFI mined by participants in their network, up to 3 lines. The more ITO activated in these lines, the higher the referral WFI percentage received.

Referral WFI Tiers:

  1. 1st Line: Unlocks once you activate a $250 ITO, granting you 3% of the WFI generated by your first-line referrals.

  2. 2nd Line: Unlocks once you activate a $500 ITO, granting you 5% of the WFI generated by your second-line referrals.

  3. 3rd Line: Unlocks once you activate a $1,000 ITO, granting you 8% of the WFI generated by your third-line referrals.

Important Note:

All your referral WFI will go into the staking program for one year, and the unlock period will match that of the staking program.