Augmented Finance makes DeFi more accessible. Users are not only able to supply or borrow assets, but also become a referrer and earn great AGF rewards by inviting new suppliers and borrowers to the Augmented Finance protocol.
A referrer receives a share of the referral pool based on the number of assets supplied and borrowed by new users who joined via the referrer's personal referral link.
How it works
A user registers as a referrer and gets a unique referral link
The referrer distributes his unique referral link to invite new suppliers and borrowers to the protocol
Once a month the balance is calculated and referral rewards are paid:
The amount of "points" that referrer accumulated during this month (A)
The amount of "points" that all the referrers accumulated during this month (B)
Referrers receive AGF rewards based on the following formula: A / B * AGF tokens issued for the referral pool during the 1-month timeframe
No multi-level referral rewards
A referrer receives the referral rewards only for the new suppliers and borrowers that came via his personal referral link.