# Referrals System

The referral system is an integral part of Impakt, ensuring that the long-term value of members' social networks is uplifted and realized. Members can invite others by sharing their unique referral code or link.

<div><figure><img src="/files/4dNyaozDqmHaeijxAXVI" alt="" width="293"><figcaption></figcaption></figure> <figure><img src="/files/P3cajZWjz8ubEPeyx1Xc" alt="" width="293"><figcaption></figcaption></figure></div>

### Rewards

When a new registrant signs up using this referral code or through the corresponding referral link, both the new registrant, referred to as the referee, as well as the referrer will be rewarded with a fixed amount of KOIN points.

Additionally, the referrer receives bonus [KOIN points](/tokenomics/utility-points-koin.md) from their referee's earnings. The percentage is dynamic (ranging from 1-10%, based on the referrer's in-app level and VIP tier) and can be viewed within the app.


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```

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