🧑Inviting Members
The referral system provides the opportunity to receive a reward for each new user brought in. STOList offers a 2-tier rewards system. Any user has the right to invite friends and get a reward in STL tokens after a referral makes the first purchase of a tokenized share of the business worth more than $1,000. After the invited user fulfills the reward conditions, the 1st and 2nd level referrer will receive the accrual on the purse, tied to the platform. The reward for the 1st level referrer is 4 times higher than the referral payment for the 2nd level referrer.
An important condition for obtaining a reward is confirmation of the uniqueness of a new registered user and providing referrer's data during registration. Payouts in the first year of the platform are made using the Marketing and Foundation pools. In the following years, or in the case of prescheduled use of the referral program fund, a part of the trading fees is used for the reward. The reward amount is directly proportional to the invited user's purchase amount. All purchases of tokenized business shares over $1000 are taken into account.
The referral system can be suspended and resumed at any time. The platform reserves the right to change the number of tokens issued as a reward. Those changes do not apply to users who accepted a referral invitation before they were made.
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