Referral program

How it works
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
  1. 1.
    A user registers as a referrer and gets a unique referral link
  2. 2.
    The referrer distributes his unique referral link to invite new suppliers and borrowers to the protocol
  3. 3.
    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.