Referrals

The referral program rewards community growth. A referrer earns 5% of the points produced by each referee. The bonus is single-level (no multi-level trees) and follows the referee’s newly earned points (not transfers).

Program Overview

• Referrer reward: 5% of referee’s points earned through accrual.

• Scope: Single-level only; no stacking or multi-level pyramids.

• Basis: Tracks point production (accrual) from deposits/time; does not trigger on ERC-20 points transfers or burns.

• Binding: A referee can set a referrer once (on first interaction or explicit bind). The mapping is immutable unless reset via admin tooling for fraud remediation.

• Self-referrals: Blocked.

• Retroactive credit: Optional; default off (only accrual after binding is eligible).

On-Chain Model

Data structures (conceptual).

• referrerOf[referee] -> address

• totalReferralEarnings[referrer] -> uint256

• referralEnabled -> bool (global switch)

Events.

• ReferralSet(referrer, referee)

• ReferralPayout(referrer, referee, amount)

Binding.

• The dApp passes a ref param (address) during the first eligible action (e.g., first deposit or explicit “Bind Referrer” tx).

• Contract enforces:

  • referrer != referee

  • referrerOf[referee] == 0x0 (not previously set)

Economics & Equations

$$ΔPtsF(ref)​=γ⋅ΔPtsR​ with γ=0.05$$

Accrual function (from Points Program):

$$ΔPtsR​=UR​(t)⋅r0​⋅mv​⋅b(d)⋅Δt$$

UI/UX

• Referral link: https://hypervault.finance?ref=0xReferrerAddress

• Badges: show lifetime referred TVL, active referees, and total referral points earned.

• Receipts: render ReferralPayout entries in activity.