On referral deals:


Received this from a Tier-2 new-gen perp DEX.
Tbh, that's just hilarious.
They basically pay just $10 per user who (!!!) traded $10K.
So you have the context: bank referral bonuses in the US typically range from $50 to $300 per referral.
5-30 times more.
And that's a much more retail-friendly product vs. a perp DEX.
This space is broken.
Too many teams come with absolutely inadequate expectations.
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