Circles for Admins
Overview of Circle administration.
What is a Circle Admin?โ
You are the manager of a group of merchants you know and trust. Think of it like owning a franchise โ you take care of sellers, solve problems, and earn a share of everything they sell.
Why Become a Circle Admin?โ
๐ฐ Earningsโ
Update Pending
Commission structure is being updated. Check the latest parameters in the app.
- Commission on volume from your merchants
- Share of rewards when you delegate capital
- The more your Circle grows, the more you earn
๐ Autonomyโ
- You choose which merchants to accept
- Set rules for your Circle (within limits)
- Build your own community
๐ Scalabilityโ
- No limit on merchants (up to 300 per Circle)
- Can attract investors to delegate capital
- Your Circle can become a reference in the region
Responsibilitiesโ
| Task | What It Means |
|---|---|
| Know your merchants | Accept merchants you trust and can vouch for |
| Approve registrations | Verify if merchant is legitimate |
| Resolve disputes | Decide when buyer and seller disagree |
| Provide support | Help merchants with questions |
| Monitor performance | Identify problematic merchants |
What is NOT Your Responsibilityโ
- Processing payments (automatic)
- Holding third-party money (everything on-chain)
- Doing KYC on users (protocol handles this)
Costsโ
| Item | Amount |
|---|---|
| Initial deposit | Post token launch and governance |
| Creation fee | Only gas |
Potential Earningsโ
Update Pending
Earnings structure is being updated. The example below uses placeholder values.
Example with 50 active merchantsโ
Assumptions:
- Average volume per merchant: $5,000/month
- Total Circle volume: $250,000/month
Your earnings:
| Source | Description |
|---|---|
| Base commission | % of total Circle volume |
| Delegation rewards | Share when you delegate capital to merchants |
Learn Moreโ
- Circle Admin Guide โ Detailed guide
- Creating Your Circle โ Step by step