Introduction to our Referral Program

Become a community ambassador and Start Refer-To-Earn

SOFIL as a stakeholder in Web3 decentralized ecosystem, we focused on the power of community. In addition to providing everyone an earning opportunity (stake-to-earn) by supporting and securing blockchain operations, SOFIL also launch a referral program and would like to invite everyone to join and earn by referring.

Referral rewards are generated from mining rewards distributed from SOFIL. The referral rewards distributed to you are distributed by SOFIL additionally, which are not deducted from the staking rewards of your referred staking contracts.

How to earn referral rewards?

You'll need to setup a wallet and connect to SOFIL platform in order to generate a referral code for sharing to staker and withdraw referral rewards distributed to you.

Click here to view more about how to setup a wallet.

Click here to view more about how to generate and share your referral code.

A staker (without a referrer binded) can enter your shared referral code in the progress of staking. Once a wallet binded your referral code and successfully created first staking contract, the staker's wallet could not change the referrer anymore.

Click here to check how a staker can enter your referral code and get binded.

You would start earning referral rewards with reference to the terms of the first staking contract. If the referred staker (wallet) create other staking contracts in the furture, you would also earn referral rewards with reference to the terms of each future created staking contract.

What types of cryptos to be earned by successful referring?

The types of cryptos to be earned are determined by the types of crypto staked in your referred staking contracts.

For example, if your referred stakers created a Binance-Peg Filecoin staking contract, Binance-Peg Filecoin as referral rewards would be distributed to you.

You can check our Platform Updates here for our latest news to see what types of crypto stakers can stake and more details related to the technical specification.

How are referral rewards calculated?

One referred staking contract would lead to one set of referral rewards. Referral rewards are simply calculated according to:

• Staking period of the referred staking contract

• Staking amount of the referred staking contract

• A fixed APR for referral rewards calculation

You can check here for detailed calculation formula.

What happen after my referred staking contract created?

Total referral rewards of a referred staking contract are proportionally released to you daily. There are referral rewards available to withdraw daily.

You can check your referrals to find more details of your referred staking contracts and withdraw available referral rewards.

Referral rewards will be proportionally distributed to you daily until the referred staking contracts turned Matured. After the maturity time of a referred staking contract, the corresponding set of referral rewards would stop generating.