Tsunami ExchangeToward Tsunami 2.0. Liquidity provision
Hello everyone! In this article, we will tell you about the new liquidity provision model and why liquidity providers at Tsunami will receive one of the biggest rewards among the entire Waves ecosystem. Enjoy reading!For three weeks, our team has been working with the community to test the second version of the Tsunami Exchange protocol. We are almost ready to launch the upgraded product, and the first and main step on the way to success is liquidity provision.What is liquidity provision?The ...
Tsunami ExchangeLiquidity Mining on Tsunami
One of the most important characteristics of an exchange is trading volume. Trading volume provides asset liquidity, lower spreads and in general more attractive and dynamic trading experience for traders. Shortage of liquidity is a well known problem, that affects most of AMM exchanges to some degree. With that in mind, to provide Tsunami users with the best possible trading experience, we are happy to announce a liquidity mining program!Tokenomics update and Token BurnRecently, we’ve extrac...
Tsunami ExchangeTsunami Exchange - easy peasy futures squeezy
Hello friends, as many users of the Waves ecosystem know, just recently the first futures trading platform was born in it, one which many experienced traders on the Waves Exchange has been missing so much. Today, we will talk about what this platform is, how to use it correctly, and what pitfalls you should pay attention for so that not to lose your deposit at the first use. So, Tsunami Exchange - easier than is looks, let's go! 🚀What are futures and how to make money on them?Before we ...
Decentralized gamified platform for trading derivatives on: crypto, commodity, stock or forex
Tsunami ExchangeToward Tsunami 2.0. Liquidity provision
Hello everyone! In this article, we will tell you about the new liquidity provision model and why liquidity providers at Tsunami will receive one of the biggest rewards among the entire Waves ecosystem. Enjoy reading!For three weeks, our team has been working with the community to test the second version of the Tsunami Exchange protocol. We are almost ready to launch the upgraded product, and the first and main step on the way to success is liquidity provision.What is liquidity provision?The ...
Tsunami ExchangeLiquidity Mining on Tsunami
One of the most important characteristics of an exchange is trading volume. Trading volume provides asset liquidity, lower spreads and in general more attractive and dynamic trading experience for traders. Shortage of liquidity is a well known problem, that affects most of AMM exchanges to some degree. With that in mind, to provide Tsunami users with the best possible trading experience, we are happy to announce a liquidity mining program!Tokenomics update and Token BurnRecently, we’ve extrac...
Tsunami ExchangeTsunami Exchange - easy peasy futures squeezy
Hello friends, as many users of the Waves ecosystem know, just recently the first futures trading platform was born in it, one which many experienced traders on the Waves Exchange has been missing so much. Today, we will talk about what this platform is, how to use it correctly, and what pitfalls you should pay attention for so that not to lose your deposit at the first use. So, Tsunami Exchange - easier than is looks, let's go! 🚀What are futures and how to make money on them?Before we ...
Decentralized gamified platform for trading derivatives on: crypto, commodity, stock or forex
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Referral programs are an important way to attract new users to the product. Running a referral program on Tsunami Exchange motivates users to bring in new members, help them use the exchange, and get rewarded for it based on trading volume.
The Tsunami team aims to build long-term relationships with Waves ambassadors and content creators, helping each other to share experiences and expand the user base.
You've probably heard about the concept of referral system before, its principle is very simple and in Tsunami Exchange:
The referrer, i.e. the inviting user must first register himself in the referral program.
Referrer generates a unique referral link. The link is stored on the blockchain and is visible in the referrer's user interface.
The link is transferred to the referral (invited user). It is stored in the referral's local vault.
When the referrer performs the first transaction (`increasePosition`), with the link passed to the contract call, a link is formed between the referrer and the referrer.
Then the referee starts to receive 20% of all the referral’s fees in $TSN tokens.
A separate contract is implemented for handling referral system. Contract implements the following methods:
acceptPaymentWithLink - from AMM only - accepts payment with referral link;
acceptPayment - from AMM only - accepts payment with referral only;
createReferralLink - from anyone - creates new referral link and stores it on blockchain;
claimRewards - user claims pending rewards from protocol in $TSN tokens.
Referral link is passed in query parameters (parameter refLink=code).
Ref link is stored in subdomain cookie.
Ref code is passed to increasePosition contract method.
After the first call to `increasePosition` with the refLink parameter, the user is once by code bound to the referrer. After that, the user will not be able to change his referrer, regardless of the passed refLink parameter.
Let's summarize. As you can see, the principle of the referral program at Tsunami is very simple. All you have to do is register and start inviting referrals. By inviting new users, you help us develop, while earning income.
Referral programs are an important way to attract new users to the product. Running a referral program on Tsunami Exchange motivates users to bring in new members, help them use the exchange, and get rewarded for it based on trading volume.
The Tsunami team aims to build long-term relationships with Waves ambassadors and content creators, helping each other to share experiences and expand the user base.
You've probably heard about the concept of referral system before, its principle is very simple and in Tsunami Exchange:
The referrer, i.e. the inviting user must first register himself in the referral program.
Referrer generates a unique referral link. The link is stored on the blockchain and is visible in the referrer's user interface.
The link is transferred to the referral (invited user). It is stored in the referral's local vault.
When the referrer performs the first transaction (`increasePosition`), with the link passed to the contract call, a link is formed between the referrer and the referrer.
Then the referee starts to receive 20% of all the referral’s fees in $TSN tokens.
A separate contract is implemented for handling referral system. Contract implements the following methods:
acceptPaymentWithLink - from AMM only - accepts payment with referral link;
acceptPayment - from AMM only - accepts payment with referral only;
createReferralLink - from anyone - creates new referral link and stores it on blockchain;
claimRewards - user claims pending rewards from protocol in $TSN tokens.
Referral link is passed in query parameters (parameter refLink=code).
Ref link is stored in subdomain cookie.
Ref code is passed to increasePosition contract method.
After the first call to `increasePosition` with the refLink parameter, the user is once by code bound to the referrer. After that, the user will not be able to change his referrer, regardless of the passed refLink parameter.
Let's summarize. As you can see, the principle of the referral program at Tsunami is very simple. All you have to do is register and start inviting referrals. By inviting new users, you help us develop, while earning income.
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