Section 1: Introduction to different rebate mechanisms
There are two rebate mechanism:
By ratio
There are two rebate ratios that you can set up at the backend. Direct customer ratio and Level 2 Comm Rate.
Suppose A is a contract broker, A invited B and B invited C. If C incurred a transaction fee, direct customer ratio is the percentage that C pays to B. Level 2 Comm Rate is the percentage that C pays to A.
Noted: There is no self-rebate in this case.
For example , if the direct customer ratio is 30% and Level 2 Comm Rate is 20%, is C incurred a transaction fee of 10 USD. B will receive 3USD and A will receive 2USD.
Please note that Direct customer ratio + Level 2 Comm Rate should be smaller than 100%.
By Level difference
You need to set up the Commission Ratio at the backend. Brokers can get rebate from the next 2 users/brokers invited.
Please refer to the following picture for a more detailed explanation:
Self-rebate is available for this rebate mechanism, providing that one is a contract broker by himself.
For example, A-B-C-D-E follows invitation relationship and the Commission ration is shown in the picture.
Case 1: E is not a contract broker.
If E incurs a commission fee of 10USD, he will not enjoy self-rebate because he is not a contract broker. C and D can enjoy rebate because they are the next two users/brokers in relationship to E.
D will enjoy rebate = 10 * 60% = 6USD C will enjoy rebate = 10 * 70% - 6 = 1 USD
Case 2: D is a contract broker.
If D incurs a commission fee of 10USD, he will enjoy self-rebate because he is a contract broker. Self-rebate = 10*60% = 6USD. B and C can enjoy rebate because they are the next two users/brokers in relationship to D.
C will enjoy rebate = 10 * 70% - 6= 1USD B will enjoy rebate = 10 * 80% - 6 - 1= 1 USD
You may refer to the diagram here for the other cases.
Section 2: Background Configurations
Please take note of the following things:
Commissions are generated only for contract transactions.
Please make sure that there is sufficient fund inside 'Company: inviter rebate account' so that the rebate can be successfully distributed. Rebate cannot be successfully distributed if there is no sufficient fund in the account.
Settlement method: The chain server will clear the commission of the previous day at around 1:30 a.m. every day, and the commission will be issued after the clearing is finished. At this time, the commission will fail to be issued if the balance of the expense account is insufficient, and the system will re-issue the commission regularly after replenishing the fund until it is issued successfully.
Please refer to the following section for background operations:
You need to firstly create roles for contract brokers and complete the basic settings before this function can be displayed on the frontend.
Create roles:
Step 1: Go to Value-added Services - Contract Broker Mgt - Role Management
Step 2: Click 'Create roles'
Step 3: Fill in 'Role name', select the rebate mechanism you want to apply and key in the relevant details. Click 'Confirm' after you have done all the settings.
Please refer to section 1 for detailed explanation on different rebate mechanisms and what these ratio stand for.
You can refer here for a list of roles that have been created.
Other settings:
Commission given to superior:
This is the extra commission given to the superior by the broker. This cost will be born by the exchange. Please be careful when you are setting up this.
Rebate for ordinary users:
This is the rebate given when ordinary users invite their friends. This cost will be born by the exchange. Please be careful when you are setting up this.
Add broker:
Step 1: Go to Broker Management
Step 2: Click 'Add'
Step 3: Select the role you want to assign to the user and key in the UID of the user. Click 'Confirm' after you have done the settings.
Click Transaction Record to view the record.
Click Frozen so that this broker cannot receive any rebate when inviting a new user.
Rebate Details:
You can view the rebate payed out here:
Section 3: Frontend Display
Performance overview:
Entrance: Personal Center - Contract Broker, default to enter the performance profile page. The entrance is visible to the user after the user is assigned a role at the 'Broker Management' at the backend. (not visible if not configured).
Account rights and interests: show the broker background configuration of the commission rebate ratio and sub commission ratio, the background can be modified. Direct push rebate is to get the following level of commission rebate ratio, sub-broker sub-commission is if the next level to become a broker to give the user its share of commission.
Promotion assistant: the promotion method (invite friends) provided to the user, if this exchange is configured with the bonus function, the bonus invitation is displayed, the essence of the invitation is to establish the invitation relationship.
Rebate income: shows the accumulated commission income of this user through the broker system and the data of yesterday and the previous day, including the invitation rebate and broker commission income; the income is calculated uniformly by taking the latest exchange rate of USDT; the update time is updated once a day.
Commission Line Chart: Showing the latest 7-day commission data in the form of line chart.
Customer Profile: Show the invitation profile of this user and the number of users who shared yesterday.
Commission Ranking: Showing the ranking of the commission (subordinate users' transactions) and commission share (subordinate if the broker contributes to the commission income) of this broker's subordinates respectively, taking the real-time exchange rate and converting it to USDT, showing only the top 10.
Rebate Income:
Rebate income shows the accumulated income of the broker to get the contract commission currency has been settled state income details, specific to each currency, you can view the specific income of the direct commission and sub-brokerage commission respectively.
Commission Settlement Records:
The commission settlement record shows the system for the broker's settled commission records, specifically for each currency once a day.
The data includes all income from rebates and commission sharing. The system settles once on T+1, when the balance of the merchant's expense account is sufficient, the system will issue for the user; you can filter the data within the specified time period by time.
Subordinate Details:
The subordinate details are the statistics of all invited friends of the broker who have generated commission (rebate + commission share), sorted by the time of registration of invited friends from near to far, and the data are explained as follows.
Registration time: the subordinate user registration time of this platform UID: subordinate used in the platform's UID
Cell phone number: the next level used in the platform's cell phone number, not desensitized
Type: the role of the friend in the platform, divided into direct customers (ordinary users) and sub-brokers (brokers).
Invitation method: the source of the friend's registration, divided into friend invitation (fill in the invitation code) and red packet invitation (receive red packet). to the superior commission type: the friend to the user's commission type, including: direct customer rebate, sub-broker sub-broker, if the user is a broker, then show two types of rebates
Direct customer rebate: the subordinate is a direct customer, contract transactions generate commission
Sub-economic sub-brokerage: the subordinate is a broker, no transactions themselves, only the subordinate gets rebate income
Direct client rebate + sub economic sub commission: the lower level is the broker, the contract transaction generates commission and gets the sub level rebate income
Cumulative commission: the cumulative income of all the data converted into USDT at the real-time exchange rate