> For the complete documentation index, see [llms.txt](https://liquidx-3.gitbook.io/liquidx-whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://liquidx-3.gitbook.io/liquidx-whitepaper/18.-core-principles/18.1-formal-anti-mlm-declaration.md).

# 18.1  Formal Anti-MLM Declaration

* Single-level referral only: 15% flat on direct referrals, paid in USDT, one level maximum
* No upline, downline, matrix, or chain structure of any kind
* No mandatory purchase requirement to participate
* No joining fee
* Referral rewards come from the marketing budget - not from other investors' capital
* Protocol revenue comes exclusively from lending fees and real economic activity


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