Hakifi Documents
  • Overview of the Hakifi protocol
    • The Problem
    • The Solution? Hedging!
  • Understanding Hakifi Insurance
  • Video Guides
    • Hakifi Introduction
    • Hakifi Demonstration
  • Buy Cover
    • How to Open a Contract?
    • How to Manage a Contract
  • Referral
    • How to get a referral code
    • How to enter referral code
    • How to calculate commission rate
    • How to Calculate Presentation Commissions
  • Pool addresses
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  • General risk disclosure
  • Roadmap
  • FAQs
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  1. Referral

How to Calculate Presentation Commissions

Individual contributors and community development partners will receive a commission based on the status of the end of the insurance contract (abbreviated as ADR) calculated as follows:

Contracts Status

Commission Rate

Claimed

Commission Rate x Claim Amount

Refunded

Commission Rate x Margin

Canceled

Commission Rate x Margin

Liquidated

Not apply

* Regarding commission rates, depending on whether you are an individual or a community partner and your level, there will be different commission rates.

For example:

Partner A (level 5 - direct commission rate 5%) successfully introduced user B whose contracts ended as follows:

  • Insurance contract 1 Claimed: Deposited 1,000 USDT and Claim Amount 2,000 USDT

  • Insurance contract 2 Refunded: Deposited 500 USDT

  • Insurance contract 3 Canceled: Deposited 500 USDT

  • Insurance contract 4 Liquidated: Deposited 500 USDT

User C was introduced by B and has contracts that end as follows:

  • Insurance contract 1 Claimed: Deposited 2,000 USDT and Claim Amount 4,000 USDT

  • Insurance contract 2 Refunded: Deposited 100 USDT

  • Insurance contract 3 Canceled: Deposited 300 USDT

  • The commission for Partner A (at a rate of 5%) changes as follows:

  • Commission level: (2,000 + 500 + 500) x 5% + (4000 + 100) x 0.3% = 162.75 USDT

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Last updated 1 year ago