Token Referrals

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Overview

Token referrals allow you to earn a share of creator fees when you refer the purchase of a specific token. This creates an incentive to discover and share promising tokens early.

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How It Works

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Earning Structure

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Commission Rate

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Creator Fee Range

Creators earn between $0.20 - 20 basis points (bps) per trade. Your 30% share is calculated from this amount.

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Example Calculation

If a token has a creator fee of 10 bps on a $1,000 trade:

1. Creator fee: $1,000 × 0.10$1.00
2. Your token referral fee: $1.00 × 30$0.30**
3. Creator receives: $1.00 -$0.30 = $0.70

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Attribution

Token referrals are attributed to the person who referred the initial purchase of a specific token by a specific user:

• First-touch attribution: The referrer who brings the user to that token gets credit
• Per-token basis: A user can be referred to different tokens by different people
• Persistent: Once attributed, all future purchases of that token by that user generate referral fees

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Creator Fee Adjustment

This means:

• Creators have an incentive to encourage organic discovery
• Referrers are rewarded for effective token promotion
• Traders don’t pay extra fees

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Claiming Token Referral Rewards

Similar to protocol referrals, token referral rewards:

• Accrue for all quote assets
• Can be claimed once they exceed $1
• Are reflected in your spot balance after claiming
• Can be tracked at app.tokenlayer.network/earn

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Combining with Protocol Referrals

You can earn both protocol and token referrals from the same user:

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Stacking Example

If you refer a user to Token Layer (protocol referral) AND refer them to a specific token:

1. Token referral fee: 30% of creator fee
2. Protocol referral fee: 10% of (total fees - their discount)

Both fees are paid, maximizing your earning potential!

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Best Practices

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Strategy Tips

• Early discovery: Find promising tokens before they’re widely known
• Quality over quantity: Share tokens you genuinely believe in
• Educational content: Explain why a token is interesting
• Track performance: Monitor which tokens generate the most referral revenue

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Promotion Channels

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Token Selection Criteria

When choosing tokens to promote, consider:

• Creator reputation: Well-known creators may attract more buyers
• Community engagement: Active communities drive more trading
• Token utility: Tokens with clear use cases may have more sustained interest
• Market timing: Early-stage tokens may have higher purchase velocity

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Transparency

Being transparent builds trust and complies with potential regulatory requirements in your jurisdiction.

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API Integration

Use the tagging and referral endpoints to track token referrals:

Tag Coin API

Tag posts with tokens to enable referral tracking

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Questions?

For more information about token referrals, contact us at [email protected].