# Backpack Hunter

### Eligibility:

1. Trading group owners / leaders
2. KOLs
3. Local distributors
4. Individuals passionate about Backpack

Please email <vip@backpack.exchange> for your application. Once your application is approved, you will automatically join as Level 1 Hunter.&#x20;

Commissions are settled every week. Upon meeting the required criteria for transaction fees and user numbers, you will be upgraded to the next Level.&#x20;

Monthly pay will be reviewed and distributed at the end of each month.&#x20;

<table data-header-hidden data-full-width="true"><thead><tr><th></th><th></th><th></th><th></th><th></th><th></th><th></th><th></th></tr></thead><tbody><tr><td><strong>Tier</strong></td><td><strong>Monthly Volume</strong></td><td><strong>Monthly Fees</strong></td><td><strong>Monthly Active Users</strong></td><td>Effective News User</td><td><strong>Referral Rate</strong></td><td><strong>Monthly Pay</strong></td><td><strong>Minimum Total Income</strong></td></tr><tr><td>V1</td><td>None</td><td>None</td><td>10</td><td>3</td><td>20%</td><td>-</td><td>-</td></tr><tr><td>V2</td><td>5m</td><td>$1,000</td><td>10</td><td>3</td><td>25%</td><td>-</td><td>-</td></tr><tr><td>V3</td><td>10m</td><td>$2,000</td><td>15</td><td>5</td><td>30%</td><td>-</td><td>-</td></tr><tr><td>V4</td><td>20m</td><td>$4,000</td><td>15</td><td>5</td><td>40%</td><td>$200</td><td>$1,800</td></tr><tr><td>V5</td><td>40m</td><td>$8,000</td><td>25</td><td>10</td><td>40%</td><td>$500</td><td>$3,700</td></tr><tr><td>V6</td><td>100m</td><td>$20,000</td><td>50</td><td>15</td><td>45%</td><td>$1,000</td><td>$10,000</td></tr><tr><td>V7</td><td>200m</td><td>$40,000</td><td>75</td><td>20</td><td>50%</td><td>$1,500</td><td>$21,500</td></tr><tr><td>V8</td><td>400m</td><td>$80,000</td><td>100</td><td>25</td><td>50%</td><td>$2,000</td><td>$42,200</td></tr></tbody></table>

If you don’t meet the monthly requirement, your cash payment for that month will be reduced, and your referral rate for the next month will also be lowered.


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