# Referral system

As part of the Loyalty Program, users can participate in the referral program and earn up to 50% of the fees paid by their referrals on the Chainspot Router. The higher your level in the program, the higher your payouts.

## Referral Program Payouts

The percentage of referral payouts depends on your level in the Loyalty Program:

* **Carbon Member NFT (Level 1)** - 30% of Chainspot fees
* **Bronze Member NFT (Level 2)** - 35%
* **Silver Member NFT (Level 3)** - 40%
* **Gold Member NFT (Level 4)** - 50%

## Withdrawal of Funds

Your payout is credited instantly after your referral’s transaction and is available for claim in the native coin of the transaction’s network through the smart contract!

We DO NOT MANUALLY MODERATE payouts; everything is handled on-chain via the contract.

Invite a referral -> They make a transaction -> You receive the commission -> Claim the accrued tokens, provided you have a Program Member NFT on your address.

## How to Use

To start using the referral program, you need to obtain at least the first level in the Loyalty Program (your address must hold any Member NFT). This means you need to make at least one exchange on the router using a provider supported by the Loyalty Program or purchase a Chainspot Family Member NFT from the marketplace.


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