Payoffs

The Snowball Referral Program rewards both referrers and referees through automated monthly payoffs. This page details how cashback for referrers and discount refunds for referees are calculated, exchanged, and transferred.

Every month, the system automatically calculates rewards for both roles based on successful identity claims

1

Calculation

The system computes the reward amount in native tokens for each claimed identity.

• For referrers, this is the cashback

• For referees, it’s the discount refund.

2

Tier and Percentage Based

Referrers

Referrers earn cashback from each successful identity claim made through their referral link. This cashback is calculated based on the value of the claimed identity and the referrer’s commission tier.

Cashback is determined by the Referrers' commission tier.

See Referrers Tiers

Example: If an identity is claimed for 0.01 ETH and you’re in a tier earning 10% cashback, your reward is 0.001 ETH.

Referees

Referees receive a discount refund as a reward when they claim an identity using a referral link. This discount represents a 5% deduction from the identity purchase price.

A flat 5% discount is applied.

Example: For a 0.01 ETH identity claim, you receive a refund of 0.005 ETH.

3

Exchange, Transfer & Address Requirements

On the designated payoff day (the first day of each month):

1. Currency Conversion: The calculated reward amounts are automatically exchanged into stablecoins or APT tokens.

2. Transfer to Wallet: The converted amounts are then credited to the Referrers/Referees wallet on the Aptos Network.

3. Aptos Address Validation (Common to Both Roles):

   • Referrers/Referees' Primary identity must have a valid Aptos address registered.

     • If the Aptos address is not on record at payoff time, the system holds the accumulated rewards and processes the transfer once your Aptos address is added.