Welcome to the Everest Referral Program

EverestDotOrg
Everest — Updates and News
3 min readJan 28, 2022

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We’re proud to announce our brand new Everest referral program. It’s a place where you can invite your friends to become fellow Sherpas and start climbing with the rest of the Everest community. As your friends join with your referral link, you earn a percentage of all your friends’ buys, sells, borrows, lends, swaps — everything for a year! Helping your friends see the beauty of Everest helps you. And since Everest offers this bevy of services (incrementally adding over time), you can earn exponentially more than you would just referring to an exchange or to a remittance provider. After a new user signs up with your code you will be earning rewards based on their behavior in Everest for the next year. See below for an example of how much you can earn.

*paid in ID tokens monthly, based on the average daily price per ID. New referral program member’s initial payment in ID token will be after 90 days of participation in the program, then monthly for the remainder of their time participating in the program; timing will adjust over time as we add more real-time feeds.

Most DEX’s charge a 0.3% fee on swaps to be distributed amongst their liquidity providers based on their share of the pool. In the Everest model, you will be able to earn 0.3% off of all your friends’ activities within the Everest ecosystem for their first year. Whether your friend buys, swaps, borrows etc you will be able to earn ID tokens. Celebrating the principles of an Everest eAgent outlined within our technical paper, we’re uplifting Sherpas within our community with some of the best incentives within the entire crypto space.

To further reward our early eAgents, you will begin to earn rewards, starting on February 1, 2022. However, the 1 year eligibility per new user will not start until our Beta goes live and more of our world class features are enabled.

Referral token distribution will be on EverChain dropped directly into a user’s EverWallet, with a visual Dashboard coming in the future.

How to Obtain your Referral Code

You can find your referral code under the Settings menu after logging in. Click Share and you will be given a code or a link that you can send to your friends. When a friend enrolls with your code, you receive a commission for all their activities. You can post your link in your Twitter, TikTok, or other social media platforms and kick back while the earnings roll in.

Click on Settings and Share to find and use your Referral code.

Example

Liam sends Mike his referral code. Liam is now an eAgent and Mike is an eTeller.

Mike sends $5,000 from his bank account to buy crypto currency. Liam gets 0.3% commission paid in ID ($15 worth). When Mike trades $1,000 of ETH for LINK or ID, Liam earns an additional $3. If Mike then sends $20,000 cross-border (~avg. annual remittance), Liam earns another $60. Depending on Mike’s usage, Liam can potentially earn $300-$600 from each friend he signs up.

And when Liam invites 100 friends who are active users, well, life gets interesting for Liam…..earning a piece of every fee for a year. . . Welcome to the new world, Liam.

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Everest — Updates and News

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