Thales Referrals Program
Thales Referrals Program is an on-chain incentivized user acquisition and onboarding tool.
The program allows for Thales users to generate Referral Links and share them with potential traders they are trying to onboard. If someone uses your Referral Link to start trading on Thales, the referrers get a percentage from each trade, paid in sUSD directly. This way, everyone has a direct incentive to onboard as many new users to Thales as possible and benefit from their trading volume.
Thales Referral Program works by taking 50% of the
Minimal Skew Impacttraders pay for AMM balancing purposes on the Thales marketplace (1% of the entire trade), and routing it towards the referrer which link was used to onboard that specific trader(s).
If you want to refer to Thales using your personal Thales referral link, you must first generate your unique referral link.
Before generating the link, you have the option to choose if you want to onboard the user to the Landing Page, Positional Markets page or Ranged Markets page. This is done by checking the checkboxes
GENERATE LINKbutton. If you leave both checkboxes unchecked, the referral link you generate will route to Thales landing page by default.
Navigate to thalesmarket.io/referral, connect your wallet and click on the
GENERATE LINKbutton on the top left corner of the page. After you click on the button, you should be able to see your own personal Referral Link pop up
Every new user that uses your Referral Link to onboard to Thales will be tied to your wallet address, which means that your wallet used to generate the Referral Link will be receiving 1% of total trading volume that the referred user drives on the Thales marketplace.
On top of the page you can track the performance of your referral link by seeing total number of trades your referred addresses have done, total volume they driven and the amount of sUSD you subsequently earned so far because of it.