✨Affiliation For SIDs and EBPs

Affiliation: To motivate the community better and make them work for the entire ecosystem we are working on a small incentivised model for referring and encouraging people to burn more.

Direct Affiliation

The "Future's Finance" ecosystem introduces an innovative incentive for users to expand the network by referring new participants to become Sole Interest Deployers (SIDs). This referral program is designed to stimulate growth within the "Future's Finance" community by rewarding existing users for bringing in new SIDs. Here's how the referral program works in the context of affiliation earnings related to the burning mechanism:

Affiliation Earnings for Referring SIDs

Earning from Referrals: When an existing user refers another person who successfully becomes an SID by meeting the necessary burning requirements, the referrer earns an affiliation reward. This reward is quantified as 10% of the total amount burned by the newly referred SID.

Mechanism:

• Referral Process: Existing users of the "Future's Finance" ecosystem can refer new participants by providing them with a referral code or link.

• Burning by the New SID: Once the referred individual decides to become an SID, they must burn a specified amount of FUFI Coins as part of their commitment to the network.

• Calculation of Affiliation Earning: The referrer is then credited with an affiliation earning equivalent to 10% of the total amount burned by their referred SID. This earning is a direct incentive provided by the network to encourage the expansion of the SID community and further secure the blockchain through increased burning.

Example Scenario

If an existing user refers a new participant who becomes an SID by burning $2000 worth of FUFI Coins, the referral reward mechanism is as follows:

• Total Burnt by New SID: $2000 worth of FUFI Coins.

• Affiliation Earning for the Referrer: 10% of $2000 = $200 worth of FUFI Coins.

This affiliation earning is credited to the referrer's account as a reward for contributing to the growth and strengthening of the "Future's Finance" network. It incentivizes the community to actively participate in expanding the network, thereby enhancing its security and value.

Impact on the Ecosystem

This referral incentive aligns with the overarching goals of the "Future's Finance" ecosystem by:

• Encouraging Growth: Motivating existing users to introduce new participants, thereby expanding the network's user base.

• Enhancing Network Security: Increasing the amount of FUFI Coins burned through the addition of new SIDs, which contributes to the network's stability and security.

• Stimulating Economic Activity: The referral program introduces a dynamic economic activity within the ecosystem, rewarding users for their contributions to network expansion.

Level Affiliation

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