The programme pays both sides. You earn 688 MOONX for each direct referral who mints their first vault, +1,088 MOONX at 3 such referrals, +1,688 MOONX at 5 such referrals. The person joining with your code earns a 328 MOONX welcome bonus, and both sides' MOONX unlocks at the same first-vault mint, so neither can be farmed on its own. Every new account also gets a 168 PTS head start the moment it signs up. Referral rewards vest linearly over 90 days once released, so a reward cannot become same-day sell pressure; points redemptions and streak bonuses don't vest. Amounts are fixed in MOONX; the USD value shown floats with the price.