Every single user who signed up, agreed to the terms of service with enabling the checkbox "I agree to the Terms of Service". If you disagree after the fact, that's your personal problem.
Again I would like to ask you to contribute in a constructive way and maybe make suggestions how to improve the referral system.
It says 'proposes' not 'will', it also says that you need to agree to this or no account and then in the final paragraph threatens the user if they dare to cancel the beneficiary.
It's disgusting. Seriously. You should be ashamed.
As for making suggestions. Pointless, like many here , you just want suggestions that reinforce you, not oppose you .
Downvotes? Lol...