# Refer friends

## How the referral program works

1️⃣ Direct Referrals (1st degree): Earn 35% of trading fees

2️⃣ 2nd Degree: Earn 10% of trading fees

3️⃣ 3rd Degree: Earn 5% of trading fees

<figure><img src="/files/0BnDEbbJ62UPhugik97j" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
\*Rewards are distributed in USDC, a fully collateralized stablecoin. [**Terms**](https://moonshot.com/bonus) apply. No purchase necessary. While supplies last.
{% endhint %}


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