Introduction to Global Partnership Program

Overview #

The purpose of designing the Global Partnership Program is to engage and reward the market leaders and evangelists who introduce loyal users to the FuturesCash wallet App. As the first wallet app specifically designed for FuturesChain, FuturesCash serves as the gateway for users to access the vast array of applications and games within the FuturesChain ecosystem. The governance token of FuturesCash, FCT, represents a share in the project; its value consensus directly impacts the success of the wallet project. We encourage users to stake FCT as a show of support for the project and in return, they stand a chance to earn substantial rewards. The Global Partnership Program aims to continuously benefit those who contribute to the ecosystem by bringing in users and stakes, regardless of the amount.

The Global Partnership Program boasts several distinctive features that set it apart:

   ·Emphasis on Team Collaboration: The program prioritizes teamwork over competition for users. Performance is shared, allowing anyone to automatically boost their achievements through a strong referral. This approach fosters a collaborative rather than a competitive environment.

   ·Stable Rewards in FCC: Rewards are distributed in FCC, a cryptocurrency with relative price stability, allowing for the calculation of consistent income. This provides partners with a reliable expectation of their earnings.

   ·No Cap on Performance Rewards: There is no upper limit to the rewards one can earn. This uncapped reward system is designed to motivate and appreciate the continuous efforts of our partners.

   ·Daily Reward Distribution Without Lockup: Rewards are credited daily and are immediately accessible, with no lockup period. This ensures immediate gratification and liquidity for the rewards earned, enhancing the attractiveness of the program.

The Rewards #

Overall, the Global Partnership Program offers two types of rewards:

   1.Referral Rewards

   2.Synergy Rewards

The core assessment for these rewards is based on the volume of FCT Stakings brought in. That is, the rewards are significantly influenced by the amount of FCT that your referred users have staked. Importantly, to be eligible for these rewards, Global Partners must themselves maintain an active position in FCT stakings that have not yet matured. This requirement ensures that partners are not only contributing to the network’s expansion but are also actively invested in the ecosystem’s success and longevity.

Referral Rewards #

When a user you’ve invited stakes FCT, Referral Rewards are generated. The reward is calculated as 5% of the lesser of two earnings: the fixed deposit earnings from your direct referrals or your own deposit earnings. Essentially, for each valid account in the direct referral chain, a corresponding reward is earned.

For example, if you have staked 200,000 FCT, yielding a daily return of 120 FCC, and the person you invited has staked 250,000 FCT, with a daily return of 200 FCC, you would earn an additional 6 FCC (120x5%) as Referral Rewards. If you have another invitee who has staked 100,000 FCT, generating a daily return of 60 FCC, you would earn an additional 3 FCC (60x5%) from this second referral. Adding these together, you would earn a total of 9 FCC per day as Referral Rewards from these two referrals.

In addition to the aforementioned rewards, the evaluation process for Referral Rewards also involves determining the Global Partner’s level based on the number of successful invitations (where success is defined by participation in FCT stakings among those directly referred). This level significantly influences the calculation of Synergy Rewards.

This structure incentivizes not just the act of referring new users but also the encouragement of substantial participation in the ecosystem through staking, benefiting both the referrer and the referred in the FuturesCash community.

Synergy Rewards #

Synergy Rewards operate on a Binary Plan, which typically refers to a structure where participants are placed in a binary tree - a tree data structure where each node has at most two children. In such a plan, rewards are based on the performance of the two subordinate branches under each participant. The earnings are often calculated from the lesser performing branch to encourage balanced growth on both sides.

Network Formation Rules #

Each user’s account with active FCT stakings features a dual-branch system, consisting of the Pi Team (π) and the Omega Team (Ω), aimed at fostering structured and balanced network growth. Unique to each branch, invitation/referral codes are designated as follows: the Pi Team utilizes a “username-pi” format, whereas the Omega Team operates under the direct simplicity of the username.

Upon initiating their first FCT stake, FuturesCash wallet users are strategically placed within their referrer’s respective team based on the provided invitation code at the time of registration. This placement kickstarts a downward cascading effect through the binary tree structure, prioritizing the Pi Team direction by default, until settling at the network’s foundational tier. This systematic approach not only simplifies the network expansion process but also ensures that upline members naturally contribute to the growth of their Pi Team, thereby fostering a cooperative and mutually beneficial environment within the Global Partnership Program.

Performance Calculation Rules #

1.Daily Performance Evaluation: Assess the performance of both the Pi Team (π) and Omega Team (Ω) daily by summing up all new FCT stakings and any carryover performance from the previous day for each team.

2.Comparison and Matching: Compare the performances of the Pi and Omega Teams. The team with the lesser total performance in FCT for the day sets the benchmark for that day’s performance.

3.Carryover Calculation: Carry over the difference in performance between the two teams to the next day’s calculation for the team with the higher performance. This ensures recognition and contribution of all efforts towards future rewards, promoting continuous engagement

Rewards Calculation #

Calculating rewards is straightforward: multiply the day’s performance by a percentage tied to the Global Partner’s level. The higher the level, the greater the percentage. Rewards, calculated in FCT, are converted to FCC according to market rates and distributed in FCC. For the correlation between level and percentage, see the table below.

How to Start #

After the program launches, simply update to the latest version of the FuturesCash app, and the program will automatically be in effect. The app includes dedicated panels for easily monitoring performance, rewards, and referral relationships, with settlements completed automatically and rewards directly deposited into your wallet account.

However, it’s important to note that with the program’s initiation, FuturesCash has transitioned to an invitation-only system, meaning new users will need a valid referral code to register. As before, your username typically serves as your referral code; alternatively, you can find codes to share with potential new users within the program interface.

Initial Placement in the Network #

 ·Eligibility for Placement: Only users who have participated in any staking product (including those no longer available or whose orders have expired) will have a position in the binary tree network. It’s crucial to note that after the program’s launch, users who only participate in FCC stakings will not be included in the Global Partnership Program.
 ·Referral Relationships: The referral relationships used are based on the FuturesCash wallet’s existing connections. Should there be any gaps in this relationship, the system will automatically seek and utilize referral relationships from Pi Futures mobile mining to fill these gaps.
 ·Order of Placement: For users who joined stakings before the program’s launch, placements are determined by the order in which their wallets were registered. For new users who join after the program has started, placement is based on the time of their first staking order.

Initial Carryover #

To ensure a smooth transition and recognize the dedication of our loyal users from the two-year-long Pi Futures/FCC mobile mining activities, the initial carryover performance for the Pi Team within the Global Partnership Program is meticulously calculated. The total yield garnered through FCC mining is directly converted into the Pi Team’s initial carryover value on a one-to-one basis.