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Refer & Earn USDC
Earn up to 9% from your friend(s) and their downline!
Are you ready to start earning USDC without breaking a sweat? Say no more! With our triple-tier referral program it's never been easier - simply share your referral link with your friends and earn up to 9% USDC rewards!
But we don't just want you to benefit - we're all about spreading the love. That's why your friend will also receive 1% USDC rebates just for using your referral link. It's a win-win scenario that's too good to pass up.
And don't worry, we've made the referral process as easy as pie. There are no prerequisites or complicated sign-up procedures. All your friend needs to do is visit YSL.IO through your referral link and connect their wallet - that’s it.
Here’s how it works: every time your friend transacts with USDy or deposits into one of our HydraVaults, you earn 4% USDC rewards. But wait, the earning potential doesn't stop there - If your friend refers others, you'll also earn up to 5% from your friend's downline. That's right - the more people you bring in, the more you’re able to earn!
So what are you waiting for? Share your referral link today and start raking in some extra USDC without even lifting a finger!
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- All USDC rewards earned through the referral program are held in a temporary contract for a limited period of time. As a referrer, you will have 730 hours to claim your USDC rewards, which will be activated as soon as your USDC reward balance becomes positive.
- During this 730-hour period, you are free to claim your USDC rewards at any time. However, if you do not claim your rewards within this timeframe, they will be forfeited and transferred to the team. This ensures that referrers do not leave their USDC rewards idle on the contract.
- When you claim your USDC rewards, a 25% claim fee will be applied and the 730-hour countdown will be reset to zero. The countdown will then start again whenever your USDC reward balance becomes positive.
- It's important to note that the 730-hour countdown will reset each time you claim your USDC rewards, so be sure to claim them before the deadline to ensure you don't miss out on your earnings.
Please note: you will need to claim your USDC rewards before the 730-hour countdown reaches zero and there will be a 25% claim fee applicable.
- To claim your USDC rewards, you need to connect your wallet to YSL.IO and click on the Refer tab. A pop-up window will appear where you can claim your rewards by clicking the "Claim" button. It's essential to note that you must claim your rewards before the 730-hour countdown reaches zero, and a 25% claim fee will be applied when claiming rewards. You can also claim referral rewards by using the Claim All function on the Earn page.
- Whenever a user performs any of the following actions, USDC will be generated and sent to the referral contract:
- 1.
- 2.
- 3.
- How often you receive USDC rewards will be dependent on the actions of your friend(s) and their downline, with the amount of rewards you receive varying in accordance with the value of the underlying transaction:
- 1.Level 1 (your friend) -> You earn 4% USDC Rewards
- 2.Level 2 (your friends primary downline) -> You earn 3% USDC Rewards
- 3.Level 3 (your friends secondary downline) -> You earn 2% USDC Rewards
- Each referrer will be able to earn up to 9% USDC Rewards from their downline (maximum of 3 levels).
- In the infographic below, you can see that User A shared their link with User B, User C and User D -> this will represent Level 1 of User A's referrals.
- User A will have the potential to earn 4% USDC rewards from Level 1 referrals.
- This will be when User B, User C or User D transacts in USDy or deposits into a HydraVault. But, User A is also able to earn USDC rewards from their friends downline (Level 2 + Level 3) -> this includes User E, User F and User G.
- User A will have the potential to earn 3% USDC rewards from Level 2 referrals.
- This will be when User E, User F transacts in USDy or deposits into a HydraVault.
- User A will have the potential to earn 2% USDC rewards from Level 3 referrals.
- This will be when User G transacts in USDy or deposits into a HydraVault.
- There is a maximum of three levels for the referral program, which means User A will NOT earn any USDC Rewards from User H or User I.
You will receive a 1% USDC Rebate when you transact in USDy or deposit into a HydraVault. The amount of USDC you receive as a rebate will be dependent on the value of the underlying transaction. The USDC Rebate will be paid after your transaction has been completed, and will appear in your wallet.
You will need to connect to YSL.IO via a referral link if you plan to receive USDC rebates in the future. When you connect without a referral link, your address will be saved on-chain as having no referrer and will therefore not be eligible to receive USDC Rebates. It will NOT be possible to join via referral link once you have already visited the YSL.IO directly and connected your wallet, as your address has already been saved on-chain as having no referrer.
