The Referrer’s yield is designed to reward Kinesis users for inviting new participants into the Kinesis Monetary System. There are a small number of requirements that need to be satisfied in order for you to receive any type of yield reward.
In order to receive any type of a yield:
- Your account has to be fully ID verified through the KYC process, as explained in this article.
- Your account (or your linked addresses) cannot be suspended nor blacklisted
- Your account has to meet the specific conditions of each yield.
The amount of the Referrer’s yield you will receive is dependent exclusively on the transactional activity of your referees and not yours. The only specific condition, in this case, is to ensure that all new users you recommended Kinesis to, have signed up using your unique referral link and then verified their identity through the KYC process, in order for Kinesis to register them as your referrals.
What you need to do:
Importantly, you will need to share your referral link with potential new users before they sign up.
You can easily locate it:
DESKTOP: on the left-side navigation panel of your Kinesis account, on the REFER tab. You can email your unique referral link to your prospective referee straight from there.
MOBILE APP: in Settings, under the Referrals option.
A new user that signs up with your Referral link will be linked to your Kinesis Money account as a referee.
You will receive a confirmation email that this has occurred, although for privacy reasons the referee will not be identified.
What your referee needs to do:
Your referee needs to ensure that your unique referral link is used while signing up.
Your referee then needs to fully verify identity through the KYC process (Tier 2), outlined in this article.
After that happens, you’re entitled to the perpetual, monthly 7.5% share of all qualifying transaction fees your referee has generated, as outlined in the How is Referrers Yield calculated? article.
*Please note that if your referee transacts to/from an external wallet, this must be linked to your referee’s Kinesis Money account, as explained in this article.