Nuon V2 Referral Program
![Nuon V2 Referral Program](/content/images/size/w2000/2025/02/Nuon-v2-referral.png)
Nuon V2 strategy token is soon approaching, and with it, our new referral program.
Starting February 2025, whenever you invite someone to mint and stake Nuon V2, you receive a share of the 2% referral program, paid out in the strategy token. It's a great way to access strategy tokens before anyone else and get the largest chunks of referral rewards before more referrers and stakers catch on.
The best part is that you continue to earn referral rewards for as long as your referred TVL remains staked and for up to 2 years of the duration of the program.
So, how much do you actually earn?
Strategy token has a 100M token supply, of which 2% is set aside for the referral rewards to be paid out over the span of 24 months. It means that every month a total of 8333 of the strategy tokens are paid to the referrers (100M*2%/24).
What’s the catch?
You have to ensure that your referrals use your unique referral link and that the tokens they mint against USDC remain staked. We can only track the staked tokens.
You then get a share of the rewards proportional to your referral stake within all the referred amounts.
Still feels complicated?
Let’s look at two scenarios.
Scenario 1
The total protocol’s TVL is $1M USDC, and 90% of that TVL came from referrals. Your referrals jointly staked 100k of that TVL. That means you contributed 11% of all the referrals (100k/900k), and you are entitled to 11% of the monthly referral rewards.
Since 8333 strategy tokens are released each month for 24 months of the referral program, your current share of rewards is 916 strategy tokens a month (8333*11%). This remains true only as long as your referral share remains the same compared to the total referral amount within the TVL.
Scenario 2
Nuon protocol and especially the referral program are becoming widely successful. Now, the protocol’s TVL is 5M, and 90% of all that TVL comes from referrals, while your referred contribution remains 100k.
This means you now have only 2.2% of all referral rewards at that time (100k/(5M*0.9)).
8,333 nuMINT tokens are still distributed each month, but your share of the referral rewards is now 183 nuMINT tokens each month (8,333 * 2.2%).
And remember, the rewards pay out only as long as your referred TVL share remains staked and up to 24 months from the start of the program.
What's the upside of being early?
If you look closely, the above scenarios suggest that at the beginning, at the lower protocol TVL, it will be easier for you as the Nuon ambassador to get a larger chunk of the rewards at a relatively lower referral amount.
As the protocol's TVL increases, it will become advantageous to encourage more stakers to join the protocol and increase your stake in the referral rewards.
Either way, the referral program offers excellent opportunities for a potentially long-term passive income and early access to Nuon's strategy tokens, which, in turn, open up opportunities for defi traders and knowledgeable yield seekers.
Interested?
Fill in the referral form to receive your personal referral link once the program opens at the Guarded Launch in mid-February.
EDIT 1: Initially, we wrote March 2025 for the start of the referral program so it coincides with the TGE, but actually, it's coming live with the Nuon V2 dashboard at the Guarded Launch, currently predicted for mid-February.
EDIT 2: Instead of mailing us at marketing@nuon.fi, you can now sign up for the link using this form.