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  • The Libre Platform
    • Libre is a Bitcoin-native, decentralized lending marketplace
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    • Ordinals
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      • How to add a trading pair
  • BitcoinFi on Libre
    • Glossary
  • The LIBRE Reward Coin
    • A reward system for validators and stakers
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      • How to Claim the LIBRE Spindrop
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  • ACCOUNTS AND WALLETS
    • LIBRE Account Names
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    • Creating Multiple Accounts
    • Bitcoin Libre Wallet
    • Anchor Wallet
      • Creating a Libre MainNet Account in Anchor
      • Creating a Libre Testnet Account in Anchor
      • Getting Testnet LIBRE Coins
    • Ledger Hardware Wallet
  • EARN
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  • Governance
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    • Libre DAO
    • Libre Governance Docs
      • Libre Blockchain Operating Agreement (LBOA)
      • Block Producer Agreement
      • Block Producer Minimum Requirements
    • Libre Mainnet Multisig Gov
      • Oct 2024
      • July 2023
      • June 2023
      • April 2023
      • March 2023
      • February 2023
      • December 2022
  • Technical Details
    • Libre Core Constants
    • Mint Rush Details
    • Staking Details
    • Verifying Code Updates
      • Deployed Smart Contract Versions
  • Cross-Chain Interoperability
    • Cross-Chain Overview
    • Bridge Comparison
    • Libre CrossLink Bridge
      • Technical Whitepaper
      • Bitcoin to Libre (Peg-In Process)
      • Libre to Bitcoin (Peg Out)
    • Bitcoin Lightning Network
    • USDT / Ethereum
    • Legacy pNetwork
    • Bitcoin Audit
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  1. EARN

Referrals

Libe on-chain referral system.

The Libre blockchain is the first blockchain in the world (we think) that was built with the idea of on-chain referrals. The way it works is simple: Every account (example: bob) can refer multiple other accounts (example: alice and susan). This parent-child relationship is stored in a table on the actual chain. Unlike humans, each account has a single parent. Going back up a level, alice might be referred to by bob, but bob was referred by mike. Now when alice joins the system, and earns some tokens -- bob will make a % on top of the rewards.

Any app that builds on Libre is able to take advantage of the referral system to incentivize affiliates.

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Last updated 2 years ago

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