Referrals

How it works

Every account has a referral code, and a link that carries it: /register?ref=YOURCODE. It is on your account page. Anyone who creates an account on that link is permanently attributed to you, and the person signing up is shown who invited them before they commit — an invite that names nobody is one you should not trust.

You can hang ?ref=YOURCODE off any page on the site, not just the register page, and it still counts. The code is held for 30 days from the click, so someone who lands on the front page, reads the docs, thinks about it and signs up a fortnight later is still yours. The first code wins: once a visitor is carrying one, a later link from someone else does not overwrite it.

From then on, every job they settle pays you 1% of its value. If they go on to invite people themselves, those accounts pay you 0.5%. That is where it stops. A chain that pays out to arbitrary depth rewards recruiting over trading and makes the venue's cost per job unbounded, so there is no tier three and there will not be one.

What counts as transacting

The gross value of the fill — output tokens times the price they filled at, before any fee. Both sides of the book earn: if you invited a buyer, you earn on what they spend; if you invited a host, you earn on what they bring in. A single job can therefore pay commission to as many as four different people, two on each side.

It is credited to your balance at settlement, job by job, as a ledger row of kind commission. There is no monthly reconciliation and no holdback: if you look at your account a second after a job of theirs settles, the money is already there.

Where the money comes from

The venue charges 2% to the buyer and 3% to the provider — see pricing. Commission is paid out of that 5%, on the same job, at the same moment. Nothing is added to anyone's bill and nothing is taken off a host's credit to fund it. The person you invited pays exactly what they would have paid if they had found the venue on their own.

The worst case is four commissions on one job, 3% against a 5% take, so the house still nets something on every fill. The payment is also hard-clamped to what the house actually collected on that job: on a fill small enough that rounding pushes the commissions owed above the fee earned, the earlier tiers are paid in full and the later ones are paid nothing, rather than the venue paying away money it never took.

What does not earn

• Your own trading. You cannot be your own referrer, and a pair of accounts that name each other earns nothing on the loop.
• An account that already existed. Attribution is set once, when the account is created, and there is no way to claim one afterwards.
• A code nobody holds. A mistyped or stale link is ignored and the signup goes through unattributed — it is never an error the person signing up has to deal with.
• Deposits, withdrawals, escrow, and cancelled or expired orders. Only settled jobs pay.

Getting it out

Commission lands in the same balance everything else does, and it leaves the same way. At $50.00 — the same threshold host earnings pay out at — you can request a payout to an address you nominate. Commission counts toward that figure because you earned it; a deposit sitting in the same balance does not, since deposits buy compute and cannot be withdrawn. Requesting debits the balance immediately; the coins follow once a person has reviewed and sent them, which is deliberate rather than a limitation. That side is still being built out, so expect a manual turnaround rather than a same-day one.

The accounting

Commission is its own ledger kind rather than another fee row, and every payment is written as a matched pair: a credit to you and an equal debit to the house. So the commission column sums to exactly zero across the whole book, the same way the fee column does, and the two can be checked independently. A referral bug that minted money would otherwise be able to hide inside a fee total that still balanced.

We can pause referral earning on an account created to game this — the same person signing up twice, or bulk registrations that never trade. It is a judgement call made by a human looking at the ledger, not an automated rule, and if we make it about your account we will tell you why.

Pausing stops future accrual and nothing else. Commission already credited is not reversed, because it landed in a balance you may already have spent and taking it back afterwards is not a power we are claiming. You will see the pause on your own account page rather than having to work it out from earnings that quietly stopped.