> For the complete documentation index, see [llms.txt](https://docs.lexer.markets/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lexer.markets/token-and-economics/referooor-program.md).
# Referooor Program
## Overview
| Tier | You can earn | Traders' Discount |
| --------- | ------------ | ----------------- |
| Tier 1 | 5% Rebates | 5% Discount |
| Tier 2 OG | 10% Rebates | 5% Discount |
Any user of a referral code will enjoy a 5% discount on the trading fee.
## How it works
### 1. Join the Referoor Program
[Navigate to the Referral page on Lexer.Markets](https://app.lexer.markets/referrals) and follow the instructions.
### 2. Invite your frens to use LEXER
Share your unique referral link through your social channels. You can use our Affiliates Resource Center for promotional best practices, guides, videos, and more.
### 3. Earn your unlimited rewards!
For every trade from your frens, you’ll earn at least 5% of trading rebate - no limits!
## See how much you could earn
Sarah invites three frens, John, Emma, and Michael.
The one-week trading volume for each fren was:
* John: $30,000
* Emma: $4,000,000
* Michael: $500,000
Since Sarah referred 3 frens with her referral code, as a Tier 1 member, she is eligible for a 5% rebate from her frens' Lexer trading fees.
To calculate her rebate, we multiply the total trading volume of her referred frens ($10,000 + $2,000,000 + $300,000) by the trading fee discount of 5%. Then, we apply the 5% rebate, resulting in a total rebate of $135.9 worth of ETH for Sarah.
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