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Referral program policy
Last revised on April 13, 2022
By referring the App/platform to another individual (hereinafter the “Referred Person”), you and the Referred Person would be eligible to individually earn up to one thousand YLD (YLD 1,000), at the Company’s sole discretion. In order for you and the Referred Person to be eligible to win the Reward, the Referred Person would have to:
- Register as a User on the App
- Complete KYC 2 verification
- Make an initial deposit which has the minimum equivalent value of one thousand dollars ($1,000)
- Reach the Silver Tier (by holding a minimum of 1,000 YLD)
- Match all the previous conditions for 30 consecutive days
The amount received by you and the Referred Person individually shall be of an amount decided randomly at the Company’s sole discretion, between the equivalence of one hundred YLD (100 YLD) to one thousand YLD (1,000 YLD), at the Company’s sole discretion. The Company reserves the right to unilaterally terminate the Referral Program from time to time. You shall be duly notified when the Referral Program shall be terminated.
The Company reserves the right to declare that Users which are on-boarded from certain countries do not receive the rewards indicated in the previous section. The list of these countries shall be made available to the User and may be updated from time-to-time.
The company reserves the right to hold referral rewards in some cases, in particular when it considers that the conditions were met in an abusive manner. This can include but is not limited to the sending of assets or YLD to the referred person by another Yield App user for the sole purpose of meeting all the conditions.
The Company reserves the right to conduct special promotional activities for the Referral Program during events out of the ordinary course of time during which the Reward and the conditions relating to the granting of the Reward are modified (“Special Events”). The creation, duration and conditions of such Special Events including but not limited to, initial deposit and Reward value, shall be decided at the Company’s sole discretion and shall be displayed on the App and/or in the User Account and/or on the Website and/or communicated by email.