Introduction
Fenine’s Proximity Reward System is a unique 8-level referral mechanism that allows you to earn passive income from your network’s staking activity. This creates powerful viral growth incentives while rewarding early participants.Key Benefits:
- Earn from 8 levels of referrals
- Up to 5% bonus APY on top of base staking
- Automatic distribution every epoch
- No claiming needed for proximity rewards
- Build once, earn forever from active network
How Proximity Works
The 8-Level Tree
When someone stakes using your referral code, they become your Level 1 referral. When they refer someone, that person becomes your Level 2 referral, and so on. You earn a percentage of rewards from all 8 levels!Reward Distribution Rates
| Level | Relationship | Reward Share | If They Earn 100 FEN |
|---|---|---|---|
| 1 | Your direct referrals | 7% | You earn 7 FEN |
| 2 | Their referrals | 5% | You earn 5 FEN |
| 3 | 2nd generation | 3% | You earn 3 FEN |
| 4 | 3rd generation | 2% | You earn 2 FEN |
| 5 | 4th generation | 1.5% | You earn 1.5 FEN |
| 6 | 5th generation | 1% | You earn 1 FEN |
| 7 | 6th generation | 0.5% | You earn 0.5 FEN |
| 8 | 7th generation | 0.25% | You earn 0.25 FEN |
Mathematical Model
For a user with referral tree , proximity rewards per epoch: Where:- : Set of users at level referred by
- : Base staking rewards earned by user in this epoch
- : Proximity coefficient for level
- (Level 1)
- (Level 2)
- (Level 3)
- (Level 4)
- (Level 5)
- (Level 6)
- (Level 7)
- (Level 8)
Getting Your Referral Code
Automatic Generation
When you first stake or delegate, a unique referral code is automatically created: Via stake.fene.app:- Connect wallet
- Stake or delegate any amount
- Go to “Referrals” tab
- Your code is displayed
XYZ123)
Via Smart Contract
Setting Referrer (Using Someone’s Code)
When you stake for the first time, use a referral code: Via Interface:- On delegation page
- Click “I have a referral code”
- Enter code (e.g.,
ABC123) - Complete delegation
- You’re now in their proximity tree!
Building Your Network
Sharing Strategies
Tracking Your Referrals
Dashboard Metrics:Earnings Examples
Small Network
Setup:- Level 1: 5 people, avg 1,000 FEN each
- Level 2: 3 people, avg 800 FEN each
- All earning 10% base APY
Medium Network
Setup:- Level 1: 20 people, avg 2,000 FEN
- Level 2: 40 people, avg 1,500 FEN
- Level 3: 30 people, avg 1,000 FEN
- Level 4: 15 people, avg 800 FEN
Large Network
Setup:- Levels 1-8 fully populated
- Total network: 500+ people
- Combined stake: 1,000,000 FEN
Reality Check: Building a large network takes time and effort. Most users earn 2-5% additional APY from proximity.
Advanced Strategies
Compound Growth Network
Strategy: Teach referrals to refer others.- Provide referral materials (templates, graphics)
- Educate on proximity benefits
- Track top performers
- Reward top referrers (giveaways, recognition)
- Build community (Discord, Telegram)
Targeted Outreach
High-Value Targets:- Crypto influencers
- DeFi protocol founders
- DAO communities
- Investment groups
- Trading communities
Content Funnel
Incentive Programs
Run Your Own Bonuses:Proximity Economics
Network Value Formula
The lifetime value (LTV) of one referral: Where:- : Referral’s stake amount
- : Annual staking rewards rate (10%)
- : Level 1 coefficient (0.07)
- : Average staking duration (years)
- Referral stakes 2,000 FEN
- Stays staked 2 years
Optimal Network Structure
Goal: Maximize depth, not just width. Bad Structure (wide, shallow):- Incentivize referrals to recruit
- Provide training and materials
- Track and reward top recruiters
- Create competitive leaderboard
- Share success stories
Smart Contract Integration
Check Referral Relationship
Calculate Proximity Rewards
Monitor Network Growth
Frequently Asked Questions
Can I change my referrer?
Can I change my referrer?
No. Referral relationship is set once during first stake/delegation and cannot be changed.This prevents:
- Gaming the system
- Circular referrals
- Network manipulation
Do proximity rewards get taxed?
Do proximity rewards get taxed?
No! Only when you claim your base staking rewards, the 10% tax applies.Proximity rewards:
- Automatically distributed to your wallet
- No tax on receipt
- Can use immediately or restake
- Only taxed if you later stake them and claim
What if someone in my tree unstakes?
What if someone in my tree unstakes?
You stop earning from them immediately. Their position in your tree remains (for tracking), but they don’t generate rewards for you anymore.If they re-stake later, you resume earning from them.
How many people can be in Level 1?
How many people can be in Level 1?
Unlimited! There’s no cap on referrals at any level.Your network can grow infinitely across all 8 levels.
Can I see who's in my network?
Can I see who's in my network?
Privacy: Full addresses are not publicly visible by default.Via contract:
- You can see count per level
- Total stake per level
- Rewards earned per level
Is this a pyramid scheme?
Is this a pyramid scheme?
No! Key differences:
Proximity is network effect monetization, not a pyramid.
| Pyramid Scheme | Fenine Proximity |
|---|---|
| Recruitment required | Optional, rewards exist without it |
| Money flows up | Rewards from protocol, not users |
| Unsustainable | Funded by block emissions |
| Early joiners drain late | Everyone earns proportionally |
| Eventual collapse | Sustainable economics |
What happens at Level 9+?
What happens at Level 9+?
Nothing. The tree stops at Level 8.Level 9 and beyond don’t generate proximity rewards for you. However, they still generate rewards for levels 1-8 above them.
Tools & Resources
Tracking Dashboard
Visit stake.fene.app/referrals:- Real-time network visualization
- Earnings breakdown by level
- Referral code generator
- Sharing tools (Twitter, Email, Link)
- Performance leaderboard
- Promotional materials
Marketing Materials
Download Free Assets:- Banner images (Twitter, Discord, Telegram)
- Infographics (proximity tree, APY comparison)
- Video templates (staking tutorial)
- Email templates (onboarding sequence)
Analytics API
Success Stories
- Case Study 1
- Case Study 2
- Case Study 3
Sarah - Content Creator
- Started: January 2024
- Initial stake: 5,000 FEN
- Strategy: YouTube tutorials
- Referrals: 127 people
- Network stake: 342,000 FEN
- Monthly proximity: 156 FEN
- Effective APY: 37.4%
- Weekly YouTube videos
- Transparent earnings reports
- Active Discord community
- Free 1-on-1 onboarding calls
Next Steps
Get Your Code
Stake now and get referral code
Staking Overview
Learn about base staking rewards
Run a Validator
Earn commission + proximity
FPoS Architecture
Technical deep dive
Proximity Support:
- Discord: #referral-program
- Email: referrals@fene.network
- Marketing Kit: fene.app/referral-toolkit
- Leaderboard: stake.fene.app/leaderboard
- Create tutorial video
- Show your earnings dashboard
- Explain proximity system visually
- Include code in bio/description
YouTube:- “Complete Guide to Fenine Staking”
- “My First Month Staking FEN: Results”
- “How to Maximize Staking APY”
- “Fenine vs Other DeFi Protocols”
Medium/Substack:- Write detailed guides
- Share monthly earnings reports
- Compare with other platforms
- Include referral code naturally
Reddit:- Create staking discussion group
- Share market analysis
- Post reward screenshots
- Help newcomers
Local Meetups:- “Setting Up MetaMask for Fenine”
- “How to Delegate FEN Tokens”
- “Understanding Proximity Rewards”
- “Claiming and Compounding Rewards”
Written Guides:- Step-by-step screenshots
- Common troubleshooting
- Best practices
- Safety tips
Infographics: