# Referrals

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The [LeoDex Referral](https://leodex.io/referrals) Program allows you to create a unique referral code and earn \~1/3rd of our total affiliate fee. LeoDex charges 0.45% as an affiliate fee on all swaps (one of the lowest in the industry) and when someone uses your referral code, the split becomes:

1. 0.28% to LeoDex
2. 0.12% to You
3. 0.05% discount to the swapper

### How It Works

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How it works is simple - you create a unique referral ID. That referral ID is then utilized when you refer a user.

When you refer a user and they make their first swap, their public address is now shown as a referral to your unique ID on LeoDex's Referral Dashboard.

Once tied, that referral's affiliate fees are **permanently** tied to your Referral ID. Which means that anytime they come back to LeoDex to swap in the future, you also get credit for those swaps and earn your 1/3rd share of LeoDex's affiliate fees (even if they don't return using your link / ref ID).

### Where Are Affiliate Fees Pooled Before Distribution?

The system we created splits our affiliate fee to two separate addresses when a user swaps using a referral link:

1. The main LeoDex affiliate address - "leo"
2. A new LeoDex Referral-specific affiliate address - "lref"

0.28% gets sent to "leo" and 0.12% gets sent to "lref" on referred swaps. The Referral portion of the affiliate fee is pooled in the lref address until the next distribution.

### How Often Are Payouts?

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Payouts happen on the 1st and 15th of every single month. They are fully autonomous.

You can see the next payout date on your Referral Dashboard.

### What Do I Earn?

Affiliate fees are paid to referrals in like-kind - which means that what you earn depends on what your referral swapped:

* For Thorchain Swaps, you earn RUNE
* For Maya Protocol Swaps, you earn CACAO
* For ChainFlip Swaps, you earn USDC

The beauty is that you only have 1 unique Referral ID. So you refer in swappers and it doesn't matter if they do 3 swaps on ChainFlip and then 4 swaps on Thorchain and 1 swap on Maya... you'll earn your referral fees in the 3 different cryptos that get paid based on those referrals.

### How to Create a Referral ID

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To create a referral ID, simply connect your wallet to [https://leodex.io](https://leodex.io/) and then click on the Referrals tab or head directly to <https://leodex.io/referrals>.

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You'll be prompted to create a unique referral ID.

**Tip:** Referral IDs are a unique code. Once someone else creates a referral ID, you cannot make the same ID. For this reason, we recommend claiming your referral ID sooner than later!

### How to Share a Referral ID

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*share your referral link and it will automatically populate the Ref ID field | or manually enter your ref ID*

Two ways to share your ref ID:

1. Link - available in your dashboard or by editing the ref ID at the end of this link <https://leodex.io/?ref=bank>
2. Ref Code - a user can hit "options" when inputting a swap and manually enter your ref code - think of this like a "Creator ID" used on other platforms to designate who referred you

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