Sort:  

Not exactly. Although they show the correct calculations but they assume each referral would get 5 referrals more. In truth one of your referrals might get twenty or more referrals for himself but another one might not try to get even one.
But if you get more referrals then you stand to earn more. The idea here is that each user try to get as many referrals as he/she can.

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.029
BTC 76470.55
ETH 3079.00
USDT 1.00
SBD 2.62