> For the complete documentation index, see [llms.txt](https://snaip.gitbook.io/snaip-bot/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://snaip.gitbook.io/snaip-bot/additional-features/snaip-referral-program.md).

# Snaip Referral Program

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Our referral program is designed to reward you for inviting others to trade on Snaip. The program operates on a **3-tier system**, ensuring that you earn from both direct and indirect referrals.
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## Referral Tiers Breakdown

<figure><img src="https://1438003994-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FcIFImBS0zgyhHT8Aq0Us%2Fuploads%2F2J0x7F1yfLuOb70bhwPR%2F%D0%94%D0%B8%D0%B7%D0%B0%D0%B8%CC%86%D0%BD%20(6).jpg?alt=media&amp;token=eafaf0c7-1a0a-42dd-ab67-bb951abd82d5" alt=""><figcaption><p>A visual breakdown of each referral tier.</p></figcaption></figure>

## **Tier 1 - Direct Referrals**

Earn **25%** of Snaip’s **1% fee** on every trade made by users you directly refer. This tier rewards you for bringing in new traders directly to the platform.

## **Tier 2 - Indirect Referrals**

Earn **3%** of Snaip's **1% fee** on every trade made by users referred by your direct referrals. This tier allows you to benefit from your network's growth as your direct referrals invite others.

## **Tier 3 - Extended Referrals**

Earn **2%** of Snaip's **1% fee** on every trade made by users referred by your indirect referrals. This tier maximizes your earning potential, even from extended connections within your referral network.

{% tabs %}
{% tab title="✨ Example Calculation" %}
Let’s say you refer a user who generates **$10,000** in trading volume:

* **Tier 1:** You earn **25%** of the **1%** fee on the $10,000 volume, which equals **$25**.
* **Tier 2:** If your referral brings in another user who generates $10,000 in volume, you earn **3%** of the **1%** fee, totaling **$3**.
* **Tier 3:** If this second user refers yet another person who also generates $10,000 in volume, you earn **2%** of the **1%** fee, which is **$2**.
  {% endtab %}
  {% endtabs %}

## Payouts

Referral rewards are distributed every 24 hours at **00:00 UTC** and are automatically airdropped to your **Snaip Wallet**. Each blockchain has its own payout threshold, outlined below:

* **Solana:** 0.05 SOL
* **Base:** 0.005 ETH
* **Ethereum (ETH):** 0.015 ETH
* **Binance Smart Chain (BSC):** 0.01 BNB

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If you delete your existing wallet and create a new one in **Snaip**, your payouts will be redirected to the newly created wallet.
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