Proposal For A Referral Program

Proposal Summary:

A referral program would be hosted where referrers and referees get rewards for legible participation.

Motivation:

This should be carried out by the project too boost community activities/engagements and to serve as a perquisite to the expected improvement in #LITHs utilities and price.

Proposal Detail:

With the approval of this proposal a referral program will go live. Here are the details :point_down:.

Referral process: Any member of the LITHIUM FINANCE’s discord community is legible to participate in the program and referral is valid when certain conditions are met.

Conditions to be met:

- Referees must be members of the community.

- Referees must purchase a predetermined amount of Lith within a set range (to be determined after proposal approval).

- Referrers must be ranked Sodium and above (check #role-guide on the discord server for more details).

The program has benefits that would favour both the referrer(s) and referee(s).

Benefits For Referrers:

- With every successful referral a portion of Lith (amount to be determined after approval of proposal) will be awarded to the referer when the referral process is completed.

- A percentage of referee’s purchased Lith will be awarded to their referrer. This depends on the amount of #LITH purchased.

- Eligibility to participate in a raffle draw where an amount of GLITH (to be determined after approval of this proposal) will be awarded to the lucky winners winners.

Benefits for referees:

- An extra percentage of Lith will be added with first time purchase of #LITH (details will be determined after approval of this proposal).

- Eligibility for future airdrops.

- Eligibility to participate in a raffle draw where an amount of #GLITH (to be determined after approval of this proposal) will be awarded to the lucky winners winners.

Expected outcome/Benefit:

The expected outcome would be having more active and new members in the community and a spike in #LITH’s price and (upward trend) and possibly a creation of more utilities for #LITH.

I humbly hope and wish the council critically and thoroughly revises my proposal and put it up for approval. Thank you.