Detailed Referral Program Flow
Cross-chain referral codes let users earn commissions and offer discounts on DAO donations, promoting growth without speculation.
To achieve a network effect without speculative tokenomics, we use a fair referral program for DAO donations. Anyone can create a cross-chain referral code and earn commissions. In this model, the referrer receives a percentage, and the referral gains a discount.
All referral codes are cross-chain, allowing the same code to be used for contract creation on every supported chain.
To minimize gas expenses, codes are initially created on Arbitrum and then transferred to other supported chains.
Each referral code has an owner (admin) and a payment address where commissions are automatically transferred.
Referral Code Creation
Switch to Arbitrum to create a referral code.
Submit a transaction specifying all chains where you want the code created. You can provide your own code or have one generated automatically.
Wait for bridge confirmations.
Switch to each target chain and confirm code creation. Once confirmed, you can share the referral link and earn commissions.
Referral Code Cross-Chain Update
If you did not initially send your referral code to a particular chain, you can do so anytime - for example, when a new chain is supported.
Switch to Arbitrum.
Submit a transaction to send the code to the target chain.
Wait for bridge confirmations, switch to the target network, and submit a transaction to confirm.
DAO Donation with Referral Code
When a referral uses a link containing a referral code, it is automatically stored in their browser.
When creating a contract with a one-time DAO donation, the referral code is recorded in their personal CryptoLegacy contract. The contract automatically retrieves the payment address and sends ETH to it.
All future timeout updates will automatically send commissions to the current payment address.
If the referral makes a lifetime NFT DAO donation, the commission also goes directly to the payment address.
Changing Owner and Payment Address
You can change the owner and payment address for your referral code on each chain at any time. Payments always route through the permanent referral code.
Submit a transaction on each chain where you want to update the owner or payment address.
Custom Discount and Commission
The DAO can assign increased discounts and commission rates to specific referral codes on each chain.
The DAO typically does this for valuable community members.
Default Discount and Commission Management
The DAO, along with its multisig, manages default discounts and commission rates.
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