# Referral System

![](https://708384545-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mdp4fjGfZFcARkxFmyK%2Fuploads%2FVLcktwuk19VW6pw3R7GM%2Fwhatisreferral.png?alt=media\&token=53609ec2-3aa6-4d08-89c1-9505e834c2b0)

Position Exchange offers a referral system that allows the community to grow organically. Users can invite friends to join Position Exchange via a referral link and receive rewards for their referrals.\
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The rewards from the referral system are related to Farms and Single Staking Pools rewards generated by the invited friends. Users will get a commission on each POSI earned and harvested by their referrals in Farms and Single Staking Pools.

![](https://708384545-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mdp4fjGfZFcARkxFmyK%2F-Mhn3nU086Tos-MvNTcs%2F-MhrcyllJWp1Q5hMfmSW%2Fimage.png?alt=media\&token=565714a2-fc34-4504-9c12-dd6140e80bb6)

## How does the Referral System work?

* **Farms & Single Staking Pools:** Users can earn a **5%** commission on their referrals' earnings. Your  rewards will be visible in the Referral section of the website and **automatically withdrawn** to your wallet **once the referred users harvest their rewards**. You can visualize and check your the details of your referrals rewards and keep track of it easily.
* **Exchange:** Coming soon.<br>

**Example:**\
You have invited a friend via a referral link and he/she **generates and harvest** **50 POSI** in rewards from the Farm or the Single Staking Pool.\
Your rewards will be: **50 POSI x 5% = 2.5 POSI.**

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**2.5 POSI** will automatically be withdrawn to your wallet without any fees or taxes. Note that your rewards are not deducted from the referred user's reward. In short:\
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Your friend gets: **50 POSI**\
You get: **2.5 POSI**\
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**The referral system works for Farms and Single Staking pools and not for NFT Pools.**\
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**Please Note that you can see your referred users only once they connect their wallet and accept successfully your referral.**

## **The Referral System platform**

The Referral section of the website will provide you with an easy look and access to the details of your referral rewards.\
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**You can view your referral statistics:**&#x20;

![](https://708384545-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mdp4fjGfZFcARkxFmyK%2F-Mhn3nU086Tos-MvNTcs%2F-MhreEqogNjlWc2b5AmR%2Fimage.png?alt=media\&token=e3880612-13bc-4c41-8f0d-f7b04521697c)

**You can view a dashboard with the active referrals and the amount of rewards for Pools and Farms:**

![](https://708384545-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mdp4fjGfZFcARkxFmyK%2F-Mhn3nU086Tos-MvNTcs%2F-MhrejDVhFPBJZ2l7kCR%2Fimage.png?alt=media\&token=35765ea4-ff8d-4e87-bfd6-4e08b8c2fc8b)

**You can keep track of your referrals' rewards:**

![](https://708384545-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mdp4fjGfZFcARkxFmyK%2F-MhtjDD8asgE5VAMDjf6%2F-MhtjLFfiWVnXkPZMGoC%2Fimage.png?alt=media\&token=f3f72ecd-13e8-4f86-ad40-289d6b611996)

**Note that you can see your referred users only once they connect their wallet and accept your referral.**