> For the complete documentation index, see [llms.txt](https://gitbook.mor.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gitbook.mor.org/tokenomics/referral-program.md).

# Referral Program

Morpheus grows through the community — not ads or centralized marketing.\
That’s why the referral program rewards those who bring new Capital Providers into the ecosystem.

👉 **Earn up to a 15% bonus in MOR emissions** when others deposit using your referral address.

The program is **fully on-chain, trustless, and transparent**.

***

### How it Works

1. Any community member can use their wallet as a referral address.
2. Capital Providers enter this address when depositing assets into Morpheus Capital.
3. The system tracks deposits and grants the **referrer a virtual stake bonus** based on the total ETH-equivalent deposits made through their referral.

{% hint style="success" %}
💡 Deposits can be made in **stETH, wETH, wBTC, USDC, or USDT** — all converted into **ETH-equivalent** for calculating referral tiers and bonuses.
{% endhint %}

| Tier       | Total Referred Deposits | Referrer Bonus |
| ---------- | ----------------------- | -------------- |
| **Tier 0** | < 1 ETH                 | 3%             |
| **Tier 1** | ≥ 2.5 ETH               | 5%             |
| **Tier 2** | ≥ 25 ETH                | 10%            |
| **Tier 3** | ≥ 62.5 ETH              | 15%            |

### Example Scenarios

A referral deposit of **100 ETH-equivalent**:

* If the referrer is in **Tier 1 (5%)**, they gain **+5 ETH-equivalent virtual stake** added to their balance.
* At **Tier 3 (15%)**, that same deposit grants the referrer a **+15 ETH-equivalent boost** — the same as if they had personally deposited 15 ETH, but virtually.

***

### Claiming Rewards

Referral rewards are distributed as part of MOR emissions and can be claimed under the same conditions as Capital rewards.

{% hint style="success" %}
This mechanism **does not increase total emissions** — it only increases the referrer’s share of the existing rewards.
{% endhint %}

***

### Why It Matters

* ✅ **Fair**: All deposits are normalized into ETH-equivalent.
* ✅ **Transparent**: Rewards are tracked and visible on-chain.
* ✅ **Aligned**: Growth benefits those who help expand the network.

***

Use your wallet as a referral address today, invite others to deposit, and **grow your MOR rewards as the Morpheus ecosystem expands.**


---

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