What is Referrers Yield and how to start earning it?
The Referrer’s yield is designed to reward Kinesis users for inviting new participants into the Kinesis Monetary System, by rewarding referrers with a perpetual revenue share of each fee taken on every single transaction their referees make, every month on every transaction that is made.
In order to be eligible for the Referrer’s Yield, all you need to do is introduce your friends, family members, or even businesses to Kinesis, by sharing your unique referral link with them. You’re then automatically entitled to 7.5% of all their transactional fees, accumulated from their trading, sending and spending of KAU and KAG, as well as all other fiat and cryptocurrencies available within the Kinesis Monetary System, as long as your referees remain active.
Who can become a referrer/ referee?
To encourage adoption and use, Kinesis has created one of the worlds’ best flat referral programs, providing an attractive incentive to bring entire communities, countries and governments into the system of using gold and silver as money, once again.
Becoming a referrer simply means that you refer an individual or business to use the Kinesis Monetary system, creating an earning opportunity for everyone involved.
This can be:
- a private individual referring friends or family,
- someone wanting to establish a business to refer investors/users into Kinesis,
- an online influencer, online marketer or affiliate,
- a person or business wanting to refer other businesses or broker/dealer operations in,
- a pre-established business wanting to enrol their clients in the Kinesis Money system.
How many people can I refer to Kinesis?
There is no limit to how many people or businesses you can refer. In fact, the more new users you introduce to the Kinesis Monetary system, the greater the Referrer’s yield you will be able to generate. Every new system participant added to your referral network will in turn incentivise transactional velocity within the system and allow you to earn a bigger yield.
Do I have to be an active user in order to be eligible for the Referrer’s Yield?
No. The Referrer’s yield does not require you to have any balance on your Kinesis Money account. Your referrer’s yield is determined exclusively by your referees’ transactional activity, even if you are not an active Kinesis user yourself.
However, your account must be fully KYC verified and not suspended to continue receiving yields.
I joined Kinesis before the Yield Engine launch. Is the first Referrer’s yield retroactive?
Yes, all Kinesis Yields, including the Referrer’s Yield, are retroactive. You will have been credited with all qualifying yields accrued from the beginning of your referees’ activity, between the 4th April 2019 and the 30th November 2021.
Is there a minimum volume my referees have to transact monthly/daily for me to qualify for the Referrer’s yield payment?
No, there is no minimum transactional volume requirement, as long as your referees remain active. You will receive a 7.5% share of every transaction (trading, sending and spending) your referee has made throughout the specific month.
What is the Referrer’s yield paid in?
All transaction fees generated by your referrer, in crypto and fiat currencies, are converted into KAU and KAG proportionally (50:50) at the end of the day.
- You will receive a yield in gold and silver (50:50) ) on all public (not native to Kinesis) crypto assets, available on the Kinesis Money Exchange, transacted by your referee.
- You will also receive a yield in gold on all Kinesis gold (KAU) and a yield in silver on all Kinesis silver (KAG) transacted by your referee.
Where and how often will I get paid?
All activated yields are paid monthly, in the first week of each following month, for all yields accrued in the previous month.
Your earned yield will be paid into your Kinesis Money KAU and KAG Account. You can keep track of your yield via the YIELDS dashboard on the Kinesis Money platform.
Additionally, you can track the total number of your referees, generated fees and total activity breakdown for each referee, via the REFER dashboard (to be released in January 2022) on the Kinesis Money platform.
Where can I find my unique referral link on my Kinesis Money account?
Every Kinesis Monetary system user is automatically provided with a unique referral link once joining. You can easily locate it on the left-side navigation panel of your Kinesis account, in the REFER section. You can also email your unique referral link to your prospective referees straight from there, or share your referral link via social media.