ShareMint
  • ๐Ÿ‘‹Introduction
  • Overview
    • ๐Ÿ’กWhat we do
    • โœจFeatures
    • ๐Ÿง‘โ€๐Ÿคโ€๐Ÿง‘Partner Program
  • Fundamentals
    • ๐Ÿ› ๏ธGetting Started
    • โšกAffiliate Sign Up Page
    • ๐ŸŒ๏ธReferee Sign Up Page
    • ๐Ÿ“Integrating ShareMint into your Website
    • ๐ŸŽAPI
    • ๐ŸŽชAffiliate Token Gating
    • ๐Ÿง‘Inviting other Admins
    • ๐Ÿš…Bulk Upload Users
    • ๐Ÿ“–Export as CSV
    • ๐Ÿ’ตBulk Payouts
    • ๐Ÿ’ธSupport for fiat payments
    • ๐Ÿ—ผTiered Rewards
    • ๐ŸŽฐReferee Requirements
      • Smart Contract Events
      • API Events
      • API Points
    • ๐ŸงชChecking your program before launch
  • Use Cases
    • ๐ŸŽจFor NFT Collections
    • ๐ŸงบFor NFT Marketplaces
    • ๐ŸŽฎFor Gaming
    • ๐Ÿ’ฑFor DeFi Protocols
    • ๐Ÿ’ธFor DEXs
    • ๐Ÿ—ž๏ธFor Newsletters
  • Case Studies
    • ๐ŸŽจNFT Mints
    • ๐Ÿ’ฑDeFi Protocols
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On this page
  • Overview
  • Setting Up Tiered Rewards
  • Communicating Tiered Rewards to Users
  1. Fundamentals

Tiered Rewards

PreviousSupport for fiat paymentsNextReferee Requirements

Last updated 1 year ago

The tiered rewards feature is designed to encourage users to engage with your program at a deeper level by providing increasing benefits for higher levels of engagement.

Overview

Tiered rewards is a system where your users can earn more rewards as they refer more people. The structure is set up so that greater rewards are earned at higher "tiers" of referrals. For example, a user may earn 5 USDC for the first referral, but earn 20 USDC for three referrals, and so on. This system creates a compelling incentive for users to refer as many people as they can.

Here's an example:

  • 1 invite: Reward 5 USDC

  • 3 invites: Reward 20 USDC

  • 10 invites: Reward 100 USDC

Setting Up Tiered Rewards

To set up a tiered rewards program, follow these steps:

  1. Visit your Project settings

  2. Select the 'Tiered' option in the Affiliates section

  3. Add a Tier by clicking "Add Reward": set the reward to the value you want. eg 10 USDC.

  4. Click "Advanced referee requirements" and set referrals required to unlock: you can set a different number of referrals and conditions to unlock each tier.

An affiliate will unlock all earn the rewards in each tier. Tiers are not mutually exclusive. If you have a reward for inviting 3 people, and a reward for inviting 10 people, if the affiliate invites 10 people, they will have unlocked both rewards.

Communicating Tiered Rewards to Users

It's important to clearly communicate how your tiered rewards system works to your users. You may wish to provide details in your terms and conditions, in the referral program section of your website, and in any marketing or communication materials relating to the program.

Remember to highlight the benefits of reaching higher tiers to encourage users to make more referrals.

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Tiered Rewards
Add a reward tier