Bitcoin and Cryptocurrency Technologies: A Comprehensive Introduction Bitcoin and Cryptocurrency Technologies question


2 views
How To Earn Commissions for Promoting WISE Token?
sagipl team sagipl Jul 26, 2020 11:00PM
WISE Token isn’t only about staking. Of course, you can earn huge by staking in the WISE token and get higher returns than the market, but there is another way to earn with the WISE token that doesn’t even require you to invest or buy anything.

Welcome to the Wise Token Referral System!

WISE has a direct, one-level referral system where you can get awarded for referring a new user to WISE staking. Both the referrer and referee are rewarded for a successful referral, i.e. when the user successfully reserves tokens in the WISE contract.

The WISE Referral system is created in order to help create a larger and more robust liquidity pool by increasing the amount of ETH sent in. It incentivizes anyone who refers other people to send ETH into the contract, i.e. create a WISE stake.

So, the WISE referral program does two things - first, it allows existing users to earn bonus tokens by referring new users to create stakes through dedicated referral links. Second, it helps build a bigger liquidity pool by allowing more people to chip in.

The new users, i.e. the ones referred by existing users, are also rewarded based on their stake amount.

How it works

The Wise Token Referral System works like any other referral system, where you get paid a commission for every referral you make to the platform. In order to participate in the referral system, you must first create your Referral Link by using Metamask. The WISE referral link has the following format -

https://wisetoken.net/?w=YOUR-ETH-ADD...

Where you must put your ETH wallet address. The same can also be generated with Metamask.

Now, an existing user can send their unique referral link to their friends on social media, asking them to join WISE and send ETH to reserve WISE tokens in the contract. In exchange, both the referrer and referee get paid award tokens.

When a person reserves WISE token in the contract using your referral, the system will automatically identify your unique referral code associated with the order and attach your Ethereum address with the referee’s stake.
The referee’s stake is automatically credited as having been 10% more ETH than the original value. At the time of minting the reserved tokens, the referee will get 10% more WISE for each token that was reserved through a referral.

The referrer (you), on the other hand, gets bonus WISE, depending on the amount of ETH sent through their unique referral link. If the total amount of ETH sent to LT through your referral link is 49.999999999999999999 ETH or less, you get a referral bonus of 0.05 ETH. If it’s 50 ETH or more, the referral bonus is 10% of ETH. The bonus amount is paid in WISE.

There is no referral bonus if the total ETH sent into the LT through referrals is less than 1.

How to Earn More With Wise Token Referral program

Well, the WISE referral program doesn’t just pay you one time but it pays you every time a new user stakes into WISE through your referral. By promoting your unique referral link on social and other communities and bringing more and more to join WISE staking you can increase your chance of earning huge profits with the WISE token.



back to top