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Nami Insurance Referral Program for Nami Exchange users
05/09/2023

Dear community,

In order to help Nami Exchange users receive additional benefits when participating in introducing Nami Insurance products to newcomers, Nami would like to announce the launch and application of the Nami Insurance Referral Mechanism from 2023-09-05 07:30 (UTC).


About Referral Program:

For each new user successfully referred and using Nami Insurance, the referrer will receive a commission from the margin assets in the referred user's insurance contracts.


Commission Rates:

All Nami Exchange users who completed KYC are available to participate in the program with commission rates as follows:

  • Regular users (not registered as a community development partner)

Regular users receive up to 1% commission on Q-Cover from the referred users’ insurance contracts.

  • Nami Community Development Partner

The partner’s network can receive a commission up to 3.5% commission of Total Q-Cover from the referred users’ insurance contracts, specifically:


        Rank


Insurance

Commission

Rates

Conditions (one of two)

Total Futures Volume per Month 

Total Spot Volume

per Month

Diamond

0.5%

5,000,000 USDT

500,000 USDT

Platinum

0.5%

2,500,000 USDT

250,000 USDT

Gold

0.5%

1,000,000 USDT

100,000 USDT

Official

2%

200,000 USDT

20,000 USDT


Commissions are compounded every hour. Please note, depending on the status of the insurance contract when closing, the formula for calculating the Commission will change as follows:

  • Commission for Paid contracts = Commission Rate x Q-Cover
  • Commission for Margin Refund contracts = Commission Rate x Margin
  • Liquidated contracts do not generate commissions

For example:

User A is successfully introduced from Official Partner B and has Insurance Contracts paid with a total Q-Cover of 1,000 USDT, partners in the same system will receive the corresponding commission value as following: Official partner B: 20 USDT, Gold, Platinum and Diamond partners in the same system: 5 USDT.


Important notices:

  • Every user has a Commission Wallet. The system will send all commissions to this wallet. Partners can withdraw the commission to the main wallet when the commission reaches the equivalent of 0.5 USDT.
  • The system will update the data and automatically rank partners at 17:00 (UTC) on the last day of each month.

Best regards,


More information:


Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.


About Nami Exchange

Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 700 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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Website: https://nami.exchange/

Download Nami Exchange app here.

Nami’s community:


About Nami Insurance

Nami Insurance is a decentralized hedging protocol applying Blockchain technology to provide a solution to support asset insurance when the market fluctuates against predictions.

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