When signing up for a new service, using a stake referral code can often provide benefits such as discounts or bonus rewards. These codes are typically unique to each user and can be shared to invite others to join the platform. By entering a stake referral code during registration, both the referrer and referee can unlock exclusive perks. This system is a common marketing strategy used by companies to attract new customers and retain existing ones. Overall, utilizing a stake referral code can be a win-win situation for all parties involved.