🤝 Referrals & Fee Rebates

MoneyX Referral and Rebates Program

This guide provides a detailed overview of the MoneyX Referral and Rebates Program, designed to reward users for inviting others to the platform and incentivize trading activity. Built on the Binance Smart Chain (BSC), MoneyX offers a transparent and user-friendly referral system that benefits both referrers and referred users through rebates and bonuses. Rewards and rebates are paid in WBNB (Wrapped BNB), ensuring seamless integration with BSC’s native ecosystem. This page explains how the program works, how to participate, and the associated benefits and risks, ensuring clarity for users of all experience levels.

What is the MoneyX Referral and Rebates Program?

The MoneyX Referral and Rebates Program encourages community growth by rewarding users who invite new traders to the platform. Referrers earn a percentage of the trading fees generated by their referred users, paid in WBNB, while referred users receive discounts on trading fees. The program is powered by audited smart contracts, ensuring fairness and transparency, and operates seamlessly within the MoneyX ecosystem.

Key Features

• Referral Rewards: Earn a portion of trading fees (e.g., borrow fees, swap fees) from users you refer, distributed in WBNB.

• Fee Rebates: Referred users receive discounts on trading fees, making MoneyX more cost-effective.

• Tiered System: A structured tier system prevents gaming (e.g., self-referrals) and scales rewards based on referral volume and activity.

• Transparent Tracking: Monitor referral activity and earnings via the MoneyX dashboard and smart contracts.

• Low-Cost Transactions: Built on BSC for minimal gas fees, ensuring efficient reward distribution.

The program is managed by the ReferralStorage (0xA833940Ed3c260C2d603ad9d9152E2533D6005DF) and ReferralReader (0xC8b438204D9C97f367A7039e06F8C266E2b22738) contracts, providing secure and verifiable referral tracking.

Benefits of the Referral Program

• For Referrers:

  • Earn passive income from the trading activity of referred users, paid in WBNB.

  • Higher tiers unlock increased rebate percentages and potential bonuses.

  • Build a network of traders to increase long-term earnings.

• For Referred Users:

  • Receive a discount on trading fees (e.g., borrow fees of 0.0099% per hour or swap fees of 0.2–0.8%), applied automatically.

  • Lower costs enhance profitability for frequent traders.

• For the Ecosystem:

  • Drives platform growth by attracting new users.

  • Increases trading volume, benefiting MLP liquidity providers and MONEY stakers.

For real-time referral and reward metrics, visit the Stats Page.

How to Participate in the Referral Program

Follow these steps to join the MoneyX Referral and Rebates Program and start earning rewards.

Step 1: Access the Referral Interface

1. Navigate to https://moneyxpro.com.

2. Connect your BSC-compatible wallet (e.g., MetaMask, Trust Wallet) and ensure it’s set to BSC Mainnet (Chain ID: 56, RPC: https://bsc-dataseed.binance.org/).

3. Go to the Referral or Earn tab on the MoneyX interface.

Step 2: Generate Your Referral Code

1. In the Referral tab, click Create Referral Code.

2. Enter a unique code (e.g., “TRADER123”) or use the platform-generated code.

3. Confirm the transaction in your wallet (requires minimal BNB for gas fees).

4. Your referral code will be linked to your wallet address via the ReferralStorage contract (0xA833940Ed3c260C2d603ad9d9152E2533D6005DF).

Step 3: Share Your Referral Code

1. Share your referral code with friends, community members, or through social media channels like Telegram or Twitter (@bescllc).

2. Encourage new users to enter your code when they sign up or trade on MoneyX.

   • Referred users can input the code in the Referral tab before their first trade.

   • The code is automatically applied to their account, granting fee rebates and linking their trading activity to your rewards.

Step 4: Earn Referral Rewards

• Reward Mechanism:

  • Referrers earn a percentage of the trading fees (e.g., borrow fees, swap fees) generated by referred users.

  • Standard rebate: 10% of fees, paid in WBNB.

  • Rebates are calculated before user discounts, so referrers earn on the full fee amount.

  • Rewards are distributed weekly (every Wednesday) via airdrop to your wallet.

• Tracking: Monitor your referral activity, including the number of referred users and earned rewards, in the Referral tab.

• Claiming: Rewards are automatically airdropped; no manual claim required. View history at https://moneyxpro.com/#/referrals.

Step 5: Referred Users Claim Rebates

• How Rebates Work:

  • Referred users receive a discount on trading fees (standard 5%, up to 10% based on referrer tier).

  • Rebates are applied automatically when the referral code is active and paid in WBNB weekly.

• Activation: Ensure the referral code is entered before trading to receive rebates.

• Monitoring: Referred users can view their fee savings in the Referral or Trade tab.

Referral Tiers

MoneyX employs a tiered system to reward high-performing referrers and prevent abuse, such as self-referrals. Tiers are determined by the combined weekly trading volume of referred users and the number of active referrals. Higher tiers offer increased rebate percentages for referrers and larger discounts for referred users.

• Active Referrals: Users who generate at least $10,000 in trading volume per week.

• Bonuses: Top Tier 3 referrers may receive additional WBNB bonuses or MONEY tokens, capped to ensure sustainability.

• Upgrades: Tiers are evaluated weekly; contact support via Telegram for affiliate program eligibility (e.g., enhanced rates for influencers).

Check the Stats Page or Telegram for updates on tiered structures and eligibility.

Key Mechanics and Considerations

Reward Distribution

• Fees Included: Referral rewards are derived from:

  • Borrow Fees: 0.0099% per hour on leveraged positions.

  • Swap Fees: 0.2–0.8% on asset swaps within the Vault.

  • Liquidation Fees: Fees from closed positions.

• Distribution Schedule: WBNB rewards are airdropped every Wednesday, based on the previous week’s activity.

• Payout Asset: Exclusively in WBNB for BSC compatibility; unwrap to BNB as needed.

Rebate Mechanics

• Fee Discounts: Referred users receive a percentage reduction on trading fees (opening/closing fees of 0.1%), applied at the time of trade execution.

• Duration: Rebates are lifelong for qualifying trades but subject to tier maintenance.

• Tracking: Rebates are automatically applied and visible in the user’s trading history.

Smart Contracts

The referral program is powered by audited BSC contracts:

• ReferralStorage (0xA833940Ed3c260C2d603ad9d9152E2533D6005DF): Stores referral codes and tracks referred users.

• ReferralReader (0xC8b438204D9C97f367A7039e06F8C266E2b22738): Reads referral data for transparency and reward calculation.

• RewardRouterV2 (0xA92eaE4AB17f9091FBf5dA7C7cbB0AEa346649C9): Routes WBNB rewards and rebates to appropriate accounts.

• Vault (0xeB0E5E1a8500317A1B8fDd195097D5509Ef861de): Manages fee collection for reward distribution.

For a full list of contracts, refer to the Contracts & Security page (to be developed).

Risks and Considerations

Participating in the referral program involves minimal risk but requires awareness of certain factors:

• Reward Variability: Earnings depend on the trading activity of referred users, which can fluctuate.

• Smart Contract Risk: While audited, contracts like ReferralStorage carry inherent risks. Review security details on the Contracts & Security page.

• Gas Fees: Minimal BSC gas fees are required to create referral codes. Ensure sufficient BNB in your wallet.

• Tier Maintenance: Failure to meet volume thresholds may downgrade your tier, reducing rebates.

• Regulatory Risk: Referral programs may be subject to local regulations. Ensure compliance with applicable laws.

Mitigate risks by:

• Monitoring referral performance on the Stats Page.

• Starting with low-effort promotion to test the program.

• Staying informed about platform updates via Telegram.

Monitoring and Management

• Dashboard: Track your referral code, referred users, and accumulated WBNB rewards in the Referral tab on moneyxpro.com.

• Stats Page: View platform-wide metrics, including total referral rewards and trading volume, at https://stats.moneyxpro.com.

• ReferralReader (0xC8b438204D9C97f367A7039e06F8C266E2b22738): Access detailed referral data programmatically.

Getting Support

For assistance or to engage with the community:

• Join the BESC LLC Portal on Telegram for real-time support and updates.

• Follow @bescllc for news and announcements.

• Visit moneyxpro.com for platform access.

Next Steps

Ready to start earning? Head to moneyxpro.com, create your referral code, and share it with your network. Monitor your WBNB rewards and rebates on the dashboard and stay updated via Telegram or the Stats Page.