Referral

What Is the Referral System?

The Referral Program in Ectoplasm is built to reward community members who actively help grow the protocol. By sharing their referral link, users can earn a portion of the staking rewards generated by those who join through their link. This ensures that both the referrer and the new participant benefit, while the protocol strengthens its foundation.

How It Works

• Reward Structure Referrers earn 5% of the staking rewards generated by their referrals.

  • Example: If a new user claims 100 $ECTOPLSM in staking rewards, they keep the full 100 $ECTOPLSM, while the referrer automatically receives an additional 5 $ECTOPLSM.

• New User Benefits Using a referral link gives new participants an advantage in Redemption, reducing their Redemption period (for example, from 7 days to 6 days).

Purpose of Referrals

For referrers:

• Earn a passive revenue stream from the activity of those they onboard.

• Gain incentive to promote Ectoplasm through content, discussions, and outreach.

For new users:

• Enjoy faster Redemption timelines, making their entry into the ecosystem more flexible and rewarding.

For the protocol:

• Amplifies marketing visibility through the community itself.

• Turns Ectoplasm’s users into ambassadors, each contributing to treasury growth and adoption.