Referral System
To drive user adoption and incentivize organic growth, KANGAROO AI will implement a multi-tier referral system with rewards for both referrers and referees. Below is a structured approach for the referral program:
🎯 Referral System Structure
1. Basic Mechanics
• Each user receives a unique referral link after signing up.
• When a new user registers via a referral link, both the referrer and the referee receive rewards.
• The system will have tiered rewards, meaning users can unlock more benefits by referring multiple people.
• Referrals will be tracked on-chain for transparency.
Referral Tiers & Rewards
Tier Referrals Needed Referrer Reward Referee Reward
Tier 1 1 Referral 5% commission on referee’s bot fees 10% discount on bot fees
Tier 2 5 Referrals 10% commission on referee’s fees 15% discount on bot fees
Tier 3 10 Referrals 15% commission on referee’s fees 20% discount on bot fees
Tier 4 25 Referrals Exclusive staking boost (extra APY) Exclusive staking boost
Tier 5 50+ Referrals Revenue share + NFT VIP access NFT VIP access
• Commission Rewards: A percentage of the referee’s trading fees will be shared with the referrer.
• Discount Rewards: New users signing up via referral get a discount on bot fees.
• Staking Boost: Referrers who reach higher tiers get an extra yield on their staked tokens.
• Revenue Share (Top Tier Only): Selected top-tier referrers may earn a percentage of total platform revenue.
🔄 How It Works
1. User A refers User B.
2. User B signs up using the referral link and gets a 10% discount on bot fees.
3. User A starts receiving 5% commission on all fees generated by User B.
4. User A refers more users and climbs up the referral tiers, increasing commission rates and unlocking extra benefits.
📢 Referral Boost Events & Limited-Time Campaigns
To keep engagement high, special referral campaigns can be introduced, such as:
Limited-Time Double Rewards (Higher commission & discounts for a specific period)
Bonus NFT Drops for reaching a certain number of referrals
Leaderboard & Competitions (Top referrers get exclusive perks)
📊 Tracking & Transparency
• Dedicated Referral Dashboard: Users can track their referral statistics (number of referrals, commissions earned, rewards pending).
• On-Chain Verification: Referral program data will be recorded on-chain to ensure fairness and transparency.
🔗 Monetization & Sustainability
• Referral commissions will be funded through platform trading fees and staking incentives.
• The token burn mechanism could be integrated, where a percentage of referral-based commissions are burned to reduce token supply and increase scarcity.
• Long-term sustainability: Higher-tier referrers will be incentivized through a revenue-sharing model rather than unlimited commission payouts.
This system will incentivize user growth, reward active community members, and create a sustainable referral economy within the KANGAROO AI ecosystem.
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