It’s never been easier to begin earning rewards by recommending the Midas platform to your friends and community! The Midas Affiliate Program empowers our community, influencers, content creators, and platforms to monetize traffic by introducing Midas.Investments to the world. The Midas Affiliate Program allows registered members (“Affiliates”) to share (or “refer”) a unique link with unregistered family and friends and begin earning “affiliate” rewards soon after.
How does the Midas Affiliate Program work?
When friends or community click on that unique link, register with Midas.Investments, and make that first deposit, Affiliates will begin earning rewards based on a percentage of the earnings of those new referred members. Affiliate rewards are paid in USDC so please remember to open a USDC card so that you may view these affiliate rewards.
The reward period for all Affiliate partners is limited to 12 months from the date of referral’s first deposit. For example, if a referral makes a deposit on June 1, 2022 (with the first reward paid on June 2, 2022), the Affiliate will earn affiliate rewards on this partner through June 2, 2023.
What are the reward rates?
New Affiliates (and Affiliates who registered with Midas following beta testing of the Midas Affiliate Program) earn a 5% rate on referral’s earnings.
Members currently participating in the Local Ambassador Program and community mentors earn a 7.5% rate on referral’s earnings.
Affiliates who previously participated in the beta testing of the Midas Affiliate Program will earn a 10% rate on referral’s earnings.
For example, if a new member deposits 100,000 USDC on Midas’ platform (equal to $100,000), this new member would earn 14,500 USDC (worth $14,500) over the course of one year based on USDC’s current APY of 14.5% (provided that the user did not withdraw over the year and allowed for daily rewards to compound).
In this example, the referrer of this new member would earn an amount equal to 5% of that over the course of that same year, which would be equal to $725 (5% of $14,500). Note that affiliate rewards do not impact the earnings of the new member (i.e., these affiliate rewards are in addition to what the new member earns).
Please note that assets with “Dynamic” APRs (including CVX, JOE, BOO, TOKE, SPELL, SPIRIT, TAROT) are excluded from the Midas Affiliate Program.
All Affiliates will now earn 15% on referral’s rewards from staking MIDAS (paid in MIDAS tokens)!
For example, if you’re an Affiliate earning 5% and have a referral who deposits 1 BTC and holds 1 MIDAS token, you’ll earn the standard 5% affiliate reward on BTC (paid in USDC), and you’ll now earn 15% on your referral’s MIDAS rewards (paid to you in MIDAS tokens)!
Affiliates with large communities who are looking to monetize traffic may also be eligible for a 10% affiliate payout for referred members. In order to be considered for a 10% affiliate payout, Affiliates must have attracted referrals who have deposited a cumulative amount of more than $1M onto Midas’ platform. Please contact our Marketing Lead (arm@midas.investments) for more detail.
How do I know what my reward rate is (5%, 7.5%, or 10%)?
When logged in to your Profile, the percentage that applies to you specifically will show directly above your referral link (“Share the link and get X% of all referral rewards in USDC”).
As a reminder, affiliate rewards are only paid so long as your referral continues to maintain a deposit with Midas. If a referral were to withdraw all their funds from Midas (leaving a zero balance), the referrer would no longer receive affiliate rewards until the referrer redeposited funds onto the platform (and be eligible to receive rewards).
Terms and conditions of the Midas Affiliate Program are subject to change at any time at Midas’ discretion. Abuse of the Midas Affiliate Program is prohibited, and users are highly discouraged from creating multiple accounts to take advantage of this program. If this abuse is discovered by the Midas team, Midas may permanently ban such users.
Steps to Participate in Affiliate Program
1) Register on Midas’ platform, and look for your unique referral link in your Profile.
2) Invite your friends to Midas’ platform via this unique link. Please make sure that when they follow this link, your referral sees your unique affiliate number in the hyperlink bar immediately before creating an account.
3) You can track the number of referral registrations (and the dollar value of their deposits) in the dashboard directly underneath your referral link in your Profile.
Terms and Conditions
Violation and abuse of these rules will lead to a permanent exclusion of the user from participation in the Midas Affiliate Program.
1) Exiting investors (“Affiliates”) may not share their link to members who intend to create an account from the same IP address (i.e., one account per household).
2) Funds may not be transferred from an Affiliate’s account to a new member’s account by internal transfer through Midas.
3) Affiliates do not have the ability to link referral accounts to their accounts after the referral has already registered on the platform (i.e., Midas cannot retroactively apply a referral link to a user who has already created an account). Please be careful to make sure that referrals follow your unique link in order to start receiving rewards from the referred users.
4) Spamming or advertising your affiliate link with incorrect information about Midas’ platform is prohibited.
5) The Affiliate account must be active and have funds on the platform. For example, you are not eligible to be an Affiliate if your account has a zero balance.
6) Affiliates have the ability to request the 10% affiliate rate once they’ve referred new users with cumulative deposits of more than $1,000,000.
In the future, the Midas team plans to introduce algorithmic scripts to detect violations and automatically reduce affiliates’ rewards to 0%.
Disclaimer: The Midas team reserves the right to change the reward of the Affiliate Program participants on its discretion.
If you have any further questions about the Midas Affiliate Program, please join Midas’ community in Telegram or Discord. Our awesome admins are always glad to help and clarify any questions!
