Description
Anyone can generate personal referral links or invitation codes through the [Invite] feature to invite others to register and use Roogoo, thereby earning referral commission rewards.
Depending on the business type, referral commission rewards are divided into multiple categories. Each category may have different tiers with varying tier levels and commission rules.
Users can earn various referral commission rewards by inviting more people to apply for Roogoo cards, participate in staking, airdrops, etc., or by having invited users deposit more funds to upgrade reward tiers. Higher tiers mean higher commission rates. The more people you invite, the more referral rewards you earn.
Rewards are directly settled to the inviter's funding account and can be used for earning yields, consumption, or withdrawal.
Earn Referral Commission
Direct invitees with daily asset valuation ≥ 20 USDT and completed KYC verification are called "Earn Friends."
Every day at UTC 00:00 (Singapore time 08:00), the number of Earn Friends is calculated and staking referral commission tiers are updated.
Earn referral commission tiers are determined by the current day's number of Earn Friends. Tiers and corresponding benefits:
Tier | Earn Friends Count | Direct Commission | Indirect Commission |
LV1 | 0-9 | 15% | 3% |
LV2 | 10-49 | 16% | 4% |
LV3 | 50-99 | 18% | 5% |
LV4 | 100+ | 20% | 6% |
Note: Commission is calculated proportionally based on invitees' (direct and indirect) staking earnings.
Commission earnings are distributed simultaneously with invitees' product redemption yields. Flexible products and structured products are distributed daily, with commission rates based on current tier levels.
Card Activation Referral Commission
Card activation referral commission provides card activation fee commissions to inviters based on the number of direct invitees who activate their cards.
Additionally, invitees can enjoy certain cash rebates, discounts, or points deductions.
Once an invitee activates their card, Roogoo will calculate and distribute referral commission rewards in real-time based on the current tiers of their direct and indirect inviters.
Commission rates are determined by the number of direct invitees who activate cards. Tiers and corresponding benefits are shown in the table below.
Commissions are calculated based on card activation fees after discounts or rebates. For example, if the activation fee after discount is $10, commission will be calculated on that amount.
Tier | Direct Invitees Card Activations | Direct Commission | Indirect Commission |
LV1 | 0-9 | 15% | 3% |
LV2 | 10-19 | 20% | 4% |
LV3 | 20-49 | 25% | 5% |
LV4 | 50+ | 30% | 6% |
Spending Referral Commission
After invitees make purchases using Roogoo cards, direct inviters will receive 0.1% commission on the spending amount, and indirect inviters will receive 0.02% commission on the spending amount.
Commissions will be distributed the day after transaction status changes from "Pending" to "Completed." Due to banking network settlement cycles, this process may take 5 to 21 days.
Currently, spending commission has only one tier, calculated and settled daily at UTC 00:00 (Singapore time 08:00).
If any form of refund occurs for transactions, Roogoo will refund the commission and deduct the corresponding rebate from the next settlement for direct and indirect inviters.
Spending Points Rewards
When invitees make purchases using Roogoo cards, they earn 10 points for every 1 USD spent.
Direct inviters receive 20% commission on invitees' points rewards.
Indirect inviters receive 4% commission on invitees' points rewards.
Points rewards and commission amounts are rounded down to whole numbers.
Points are distributed simultaneously with spending commissions.