On June 7, Thales, a cutting-edge DeFi protocol for parimutuel markets, announced the start of its affiliate referral programme.
The affiliate program will provide on-chain incentives to attract new users by allowing them to earn money by creating a referral link and sharing it with friends, merchants, and potential buyers. The programme is a great way to profit from other people’s trading volume while also helping Thales develop its ecosystem by introducing new parimutuel markets, increasing volume, and increasing brand awareness.
So, what is this referral campaign?
If users share their referral link, they will receive 50% of the transaction fee (1 percent of the total value) from each trade for the new user they ride.
Funds earned through the referral programme are automatically placed in users’ wallets as sUSD, the Synthetix ecosystem’s stablecoin.
Thales is offering 20,000 $OP tokens to individuals who reach the top of the affiliate leaderboard as a way to kick off the referral programme and further gamify its system. Users will have the opportunity to receive exposure to the $OP token in addition to a share of trades completed through referrals.
Thales’ growth story
Since its launch, Thales Automatic Market Makers (AMM) has generated over $2 million in volume. While exotic markets allow traders to take all-or-nothing tokenized UP, DOWN, IN, and OUT positions based on the performance of crypto assets, the Thale markets allow traders to take all-or-nothing tokenized UP, DOWN, IN, and OUT bets based on the performance of crypto assets.
With an intensive marketing push, a new affiliate scheme, and the establishment of a new market entirely dedicated to sports, the Thales DAO is seeking to expand its reach (Overtime Sports Markets).
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