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1) A few notes about referrals: For a while there's been something annoying about FTX referral accounting. All of the ref fees are paid out, but it often takes a day to do so. That means that they will sometimes show up in the next day's bucket.

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SBF

@SBF_FTX

Mar 18, 2021

2) Going forward, this should be cleaner; each day's referral fees should correspond exactly to trades that happened on that (previous) day. This should make it easier to track what's going on. We're also considering changing the interaction of FTT with fee tier 6.

SBF

@SBF_FTX

Mar 18, 2021

3) Fee tier is is capped at 3bps taker post-referral; this means if someone was fee tier 6, and had $5k of FTT making their actual fees ~3.5bps, then they would only give ~0.5bps of ref fees. We're considering changing this to be a 3bp min pre-FTT.

SBF

@SBF_FTX

4) We're also working on a referral system for Blockfolio; thoughts welcome!

3:32 PM · Mar 18, 2021Twitter Web App

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5) Again, the actual payments have always been correct; but now they'll hopefully show up on the intuitive day as well. Note that it might still take a day or so to generate them!

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But if they’re on their phone how will they scan it

Major Tom is gonna make it

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I’d say a system where people can send an asset of their choice to a friend and get reimbursed with the same asset based on activity of the referred person. That way new people have a nice welcome based on their friends crypto experience.

Adam Cochran (adamscochran.eth)

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1/4 Make sure you are using something like branch or some other pass along system for the app referrals. No one manually types in referral codes, and too many systems break down when you give the user a URL that takes them to the app store.

Adam Cochran (adamscochran.eth)

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2/4 The ideal would be URL with ref code brings user to a sign-up page via browser. Has sign up with Apple, Sign up with Google, Sign up with Email. Once user signs-up, gets a QR code to download the app. Makes it system agnostic.