OIP-249: Re-enable 0.25% kickback open referral system

Voting ended 8 months agoSucceeded

id	Title	Status	Author	Description	Discussions to	Created
OIP-249	Re-enable 0.25% kickback open referral system	Vote Pending	Padzank (@padzank)	Enable permissionless referral for 0.25% of referred volume	https://discord.gg/thales	2025-07-18

Simple Summary

Re-enable a permissionless referral system that provides referrers with 0.25% of the volume they drive.

Abstract

Overtime currently operates a closed referral system, restricted to manually whitelisted Gold Tier partners such as key integrators and high-value ambassadors. While an XP-based referral system is set to launch with Overdrop League Season 2 in August 2025, this OIP proposes reinstating a direct volume kickback public referral program alongside it.

Specifically, this OIP proposes allowing anyone to generate a referral link that provides 0.25% of referred volume as a kickback. This rate is intentionally modest, minimizing the incentive for self-referral abuse, while still meaningful enough to attract motivated affiliates. The Overtime team will monitor affiliate behavior onchain and will promote high-performing participants to Gold Tier status, granting them a 1% kickback and potential additional privileges.

Motivation

Expand affiliate reach: A permissionless system empowers anyone to become a promoter, driving broader organic growth without requiring team approval.
Layered incentives: While XP rewards will drive Overdrop League engagement, a real-volume kickback incentivizes affiliates with longer-term commercial alignment.
Abuse mitigation through design: A 0.25% rebate is small enough that self-referral yields limited economic benefit, reducing the risk of abuse.
Clear path to higher rewards: While 0.25% alone may not be highly enticing to all users, the ability to be upgraded to a 1% Gold Tier status based on performance is a significant incentive. This creates a strong draw for affiliates to build genuine, high-performing referral networks in hopes of reaching the higher reward tier. The team retains discretion to upgrade successful affiliates, preserving quality while creating aspirational targets for new promoters.
Proven growth mechanism: Referral systems have consistently proven effective in driving user acquisition and retention—both onchain and offchain. From onchain to Web2 giants, referrals have played a central role in scaling usage and community participation. Enabling this dynamic in a permissionless way on Overtime aligns with battle-tested models that have driven billions in volume across the industry.

Specification

This OIP entails the Overtime Protocol DAO to enable referral infrastructure that allows any user to generate a unique, trackable referral link tied to their address onchain that allocates a 0.25% kickback of referred trading volume.

Implementation

TBD

Copyright

Are you in favor of this proposal?

Off-Chain Vote

Yes

5 TC-NFT100%

0 TC-NFT0%

Quorum:500%

Download mobile app to vote

Timeline

Jul 22, 2025Proposal created

Jul 22, 2025Proposal vote started

Jul 25, 2025Proposal vote ended

Mar 05, 2026Proposal updated

Title

Status

Author

Description

Discussions to

Created

OIP-249

Re-enable 0.25% kickback open referral system

Vote Pending

Padzank (@padzank)

Enable permissionless referral for 0.25% of referred volume

https://discord.gg/thales

2025-07-18

Abstract

Motivation

Expand affiliate reach: A permissionless system empowers anyone to become a promoter, driving broader organic growth without requiring team approval.

Layered incentives: While XP rewards will drive Overdrop League engagement, a real-volume kickback incentivizes affiliates with longer-term commercial alignment.

Abuse mitigation through design: A 0.25% rebate is small enough that self-referral yields limited economic benefit, reducing the risk of abuse.

Clear path to higher rewards: While 0.25% alone may not be highly enticing to all users, the ability to be upgraded to a 1% Gold Tier status based on performance is a significant incentive. This creates a strong draw for affiliates to build genuine, high-performing referral networks in hopes of reaching the higher reward tier. The team retains discretion to upgrade successful affiliates, preserving quality while creating aspirational targets for new promoters.

Proven growth mechanism: Referral systems have consistently proven effective in driving user acquisition and retention—both onchain and offchain. From onchain to Web2 giants, referrals have played a central role in scaling usage and community participation. Enabling this dynamic in a permissionless way on Overtime aligns with battle-tested models that have driven billions in volume across the industry.