1. Functional Definition and Program Objective
The Zelencio Referral and Rewards system is a multi-dimensional incentive framework designed to facilitate platform growth, user retention, and community engagement. The program rewards users for two primary behaviors:
Network Expansion: Inviting new, verified users to the platform (Referral Program).
Operational Activity: Completing specific trading, deposit, and engagement milestones (Daily Tasks and Trade-and-Earn).
All rewards are issued as promotional credits (internal app tokens) which can be converted into stable digital assets (USDC) upon meeting specific eligibility criteria.
2. Tiered Referral Commission Structure
Zelencio operates a transparent, one-level deep referral hierarchy. To ensure a professional and sustainable ecosystem, commissions are based on a tiered "Incentive Rate":
2.1. Level 1 (Bronze): New users begin with a 20% commission rate on the trading fees generated by their direct referees.
2.2. Level 2 (Silver): Upon successfully inviting 5 verified referees, the user’s commission rate increases to 25%.
2.3. Level 3 (Gold): Upon reaching 100 verified referees, the user achieves the professional tier with a 30% commission rate.
2.4. Maximum Potential: High-performing partners can earn a combined total of over 1,720 USDC through cumulative milestone bonuses. Note: These amounts are potential ceilings and are not guaranteed fixed returns.
3. "Daily Tasks" and "Trade-and-Earn" Milestones
The platform features a gamified engagement module that rewards users for daily technical interactions:
3.1. Daily Check-in: Small rewards are granted for consecutive days of app usage, promoting long-term user retention.
3.2. Trading Volume Milestones: Users receive incremental rewards for reaching specific spot trading volumes (e.g., $100, $1,000, or $10,000 daily).
3.3. P2P/C2C Activity: Rewards are issued to active marketplace participants who complete a high frequency of successful orders (e.g., completing 50 or 100 trades).
3.4. Deposit Incentives: Promotional bonuses are available for users who fund their accounts with specific minimum amounts (e.g., a $10 bonus for a $100 deposit).
4. Reward Conversion and Withdrawal Logic
4.1. Internal Points (GBRT):
Initial rewards are credited to the user's "Earn Account" in the form of internal platform points (GBRT). These points serve as a secondary ledger to separate promotional credits from primary user-deposited capital.
4.2. Conversion to USDC:
Once a user accumulates a minimum threshold (e.g., 5,000 coins), they may initiate a "Withdraw to USDC" action. This process converts the internal points into USDC stablecoins at a pre-defined rate, moving the value into the user's "Crypto Account" for standard trading or withdrawal.
4.3. Finality:
Once rewards are converted to USDC and moved to the primary balance, they are treated as standard assets and are subject to the platform's standard withdrawal fees and security protocols (PIN/2FA).
5. Program Integrity and Anti-Fraud (Anti-Sybil) Policy
To prevent "Sybil Attacks" (creation of fake accounts to farm rewards), Zelencio enforces the following technical barriers:
5.1. Mandatory KYC: No referral bonus or task reward can be claimed, converted, or withdrawn unless both the Invitor and the Referee have successfully passed Tier 1 Identity Verification.
5.2. Unique Identity Check: Rewards are restricted to one (1) reward per physical person. Zelencio utilizes hardware fingerprinting, IP monitoring, and "Authorized Device" logs to detect and disqualify self-referral attempts.
5.3. Wash Trading Prohibition: Any trading volume generated through "Wash Trading" (buying and selling the same asset to yourself to hit volume targets) will be automatically flagged by the AI monitoring system, resulting in the forfeiture of all associated rewards.
6. Transparency and Leaderboards
6.1. Real-Time Tracking:
The "Invite Friends" dashboard provides users with an itemized history of their referees, showing the registration date and current verification status of each invitee.
6.2. Public Ranking:
Top earners are featured on a Leaderboard. In compliance with privacy regulations, users may opt-out of the public ranking through their General Settings to hide their username and profile picture from other participants.
7. Disclaimers and Limitation of Liability
7.1. Promotional Nature: The Referral and Rewards program is a discretionary marketing incentive provided by Zelencio. It does not constitute a "Financial Product" or "Investment Contract."
7.2. Modification Rights: Zelencio reserves the absolute right to modify reward amounts, change conversion rates, or terminate the program at any time without prior notice.
7.3. No Guaranteed Income: The program is designed for community engagement. Zelencio makes no representation that participation will result in consistent or guaranteed financial income.
7.4. Tax Responsibility: Users are solely responsible for reporting any income derived from Zelencio rewards to their local tax authorities.
8. Prohibited Promotion Methods
Users are strictly prohibited from:
Using spam or unsolicited emails to share referral links.
Purchasing fake traffic or paying users to sign up.
Representing the referral program as an "Investment Scheme" or "Ponzi Structure."
Using the Zelencio brand in a way that suggests a formal employment relationship or "Partnership" beyond the standard user agreement.