Referrals
On Omni, users that refer other traders earn rewards in USDC based on the activity of their referrals.
Referral Rewards
Omni users receive a flat 5% of all spread paid by their referrals in USDC, and receive 1 point per 10 points earned by their referrals.
Referral Loss Refund Rewards
Omni users also get a percentage of the loss refunds their referrals receive depending on their reward tier. This reward is additive, and does not take any of the referrals' loss refunds away.
Tier
Loss Refund Referral Rate (bps)
Loss Refund Referral Rate (%)
Example Reward if Referral Gets $1k Loss Refund
No Tier
25 bps
0.25%
$2.5
Bronze
50 bps
0.5%
$5
Silver
125 bps
1.25%
$12.5
Gold
250 bps
2.5%
$25
Platinum
500 bps
5%
$50
Diamond
750 bps
7.5%
$75
Grandmaster
1000 bps
10%
$100
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