KickWallet has a special "expense account". KickTokens located on it will be used only within the ecosystem. They will be used to pay for everything that can be paid in Kick Ecosystem with tokens.
In order to avoid the abuse of the reward system for just inviting friends that register, all KickTokens that are rewarded for such actions will appear in the users' “all expenses account”. The tokens will be automatically deducted when users receive their referral rewards in any other currency.
By all means, KickTokens will serve as a fuel that is used to receive the referral rewards, be it in BTC, ETH or other currencies. For each $1, $0,1 worth of KickTokens will be deducted from the expense account. (See Example below)
The “fuel” system works as an additional guarantee that all participants benefit the Ecosystem and do not just build up multi-level empty structures to boost their referral bonus. It is difficult to trick the system thanks to the KickTokens fuel, KYC verification and the requirement to pay at least $5 in trading commissions. Such methods will eliminate potential hackers, and make the creating of the fake referral structure almost impossible.
Example: KickRef Fuel Use
Mike invited 50 users and received a total reward of 350,000 KICK (See section Early Invite Rewards). Assuming KICK/USDT rate equals to 0.001 in this example, the amount of KickRef Fuel will allow him to receive up to (350,000 x 0.001) / 0.1 = 3,500 USDT in referral rewards.