Referral System
Learn how to earn more by inviting friends
With reprise.fi, you can earn more by inviting friends. Our referral system lets you share a piece of their yield, speeding up your debt repayment while they benefit too. It’s a win-win, powered by smart contracts on Ink.
How It Works
-
Get Your Referral Link
Head to your dashboard and grab your unique referral link. Share it with friends, on socials, or anywhere you like. -
Your Friend Deposits
When your friend uses your link to join reprise.fi and deposits collateral (e.g., 1,000 USDC) into a vault, they start earning yield—just like you. -
Yield Sharing Kicks In
Your friend’s deposit generates yield (e.g., 5% APY, or 50 USDC/year on 1,000 USDC). A small fee (8% of their yield) is taken:- 6% goes to the protocol.
- 2% is converted to [rUSD] and sent to you, automatically reducing your debt.
-
Faster Debt Repayment
That 2% yield share directly burns your [rUSD] debt. For example, if your friend earns 50 USDC in yield, you get 1 USDC (2%) toward your debt—on top of your own yield. -
It Scales
If your friend refers someone else, their deposit yield also contributes to your earnings, creating a chain: Friend → You → Their Friend. The more you refer, the faster your debt disappears.
Example in Action
- You refer Alice.
- Alice deposits 1,000 USDC, earning 5% APY (50 USDC/year).
- Fee: 8% of 50 USDC = 4 USDC.
- 3 USDC to reprise.fi.
- 1 USDC to you, reducing your debt by 1 [rUSD].
- Alice refers Bob, and the cycle continues—his yield helps Alice, and indirectly helps you.
Benefits
- Accelerate Repayment: More referrals mean faster debt reduction, all passive.
- No Extra Cost to Friends: The fee only comes from yield, not their principal.
- Unlimited Potential: Refer as many friends as you want—your network becomes your advantage.
- Transparent and Automated: Smart contracts handle everything, visible on Ink’s blockchain.
Get Started
Find your referral link in the dashboard and start sharing. Watch your debt shrink faster with every friend who joins.