👥Referral program
Inviting Friends to Liquid Mining, the referrer receives money spent by the team. By receiving N points in a team - users get a share in the rewards pool. Money spent is received by purchasing all NFT’s except Power Chargers.
The first wave of NFT sales in February 2023 (Liquid Plus collection).
NFT Name | Price per NFT in $ |
Liquid Start GPU | 100 |
Liquid Start ASIC | 100 |
Liquid Plus GPU | 750 |
Liquid ASIC x KASPA | 3 000 |
Liquid ASIC | 3 800 |
Liquid Plus Rig | 4 200 |
Liquid Plus Rack | 16 800 |
Liquid ASIC PRO | 21 500 |
Liquid Plus Container | 67 200 |
Liquid ASIC PRO Rack | 125 000 |
User receives a share in pool if his referral team got N amount of money spent. Here we use the 50% rule - one referral branch cannot provide more than N/2 money spent for a share claim.
Referral mining rewards
Tokens from the general pool of all coins mined by application users are distributed according to the ratio of coin types in the general pool, and not as in the user's portfolio.
If the user does not have an authorized wallet to receive the tokens that he receives from the general pool, he receives a notification that he had it on his account.
If user got enough points even for 1 share, he starts participating in pool distribution.
Rewards | Distribution frequency | Share lifetime | How to participate |
Builder pool | |||
5% of all mined coins by all users | At the end of each calendar month, 5% of the total amount of coins mined coins will be divided by the number of shares in this pool. With accordance to allocated shares, pool participants receive coins mined within the LM eco-system. These coins are added to pool participant's LM wallets. | 24 month | $20 000 = 1 share |
Achievers pool | |||
5% of all mined coins by all users
| At the end of each calendar month, 5% of the total amount of coins mined coins will be divided by the number of shares in this pool. With accordance to allocated shares, pool participants receive coins mined within the LM eco-system. These coins are added to pool participant's LM wallets. | 24 month | $200 000 = 1 share |
Elite Pool | |||
1% of all mined coins by all users | At the end of each calendar month, 1% of the total amount of coins mined coins will be divided by the number of shares in this pool. With accordance to allocated shares, pool participants receive coins mined within the LM eco-system. These coins are added to pool participant's LM wallets. | 24 month | $4 000 000 = 1 share |
Pools are distributed between users via shares proportion.
Example: 3 users participate in the pool — 1st got 5 shares, 2nd got 7 shares and 3rd got 8 shares. It leads to 25% of the pool for the 1st, 35% for the 2nd and 40% for the 3rd user.
Funds spent on purchases that are regarded as unqualified for share have a shelf life of 24 months and become a share when they accumulate to the fixed target.
Example: Let's say a team's referred user spent $30,000 (in accordance with the 50% rule), the user will receive 1 share in the Builder pool and $7,500 of a non-qualified share. Therefore, the user will be entitled to another share in the Builder pool when his referrals spend another $15,000.
Referral sales rewards
Rewards | Distribution frequency | Share lifetime | How to participate |
Referrer (any) | |||
5% in USDT from NFT value that was purchased by referred user | Immediately | NA | User that was referred, bought NFT during any period in Liquid Mining project. Only first time sales counts (not a secondary sales in marketplace) |
Builder pool | |||
5% from NFT sales per month will be given as bonus pool | 5% from NFT sales will be transferred to “Builder pool wallet” immediately once purchase is done. | 1 month | $20 000 = 1 share USDT, the volume of sales unqualified for shares will be carried over to the next month |
Achievers pool | |||
5% from NFT sales per month will be given as bonus pool | 5% from NFT sales will be transferred to “Achievers pool wallet” immediately once purchase is done. | 1 month | $200 000 = 1 share USDT, the volume of sales unqualified for shares will be carried over to the next month |
If the team that invited the user spends $200,000 in the current month, the user will receive 1 share in the Achievers pool + 10 shares in the Builder pool. Based on the 50% principle.
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