Phase I

Conversion

Bracket [BARS] = 1 point for notional $ per day ETH / LST / LRT will be converted into notional $

TVL incentives

TVL multipliers

Deposits within each TVL Cap will receive a continuous points boost for Phase 1.

TVL cap	Boost %
$0-50mm	100%
$51-100mm	50%
$101-$250mm	20%

Size multipliers

Boosts for larger deposits

Deposit size $	Boost %
$100K+	15%
$500K+	25%

Asset multipliers

Boosts for select assets will be announced*

Asset	Boost	Start	End
stETH	100%	August 5, 2024, 9:00 AM EST (14:00 UTC)	August 16, 2024, 5:00 PM EST (14:00 UTC)
rETH	TBD
eETH	100%	September 2 9:00 AM EST (14:00 UTC)	September 14 9:00 AM EST (14:00 UTC)
rsETH	100%	August 19 9:00 AM EST (14:00 UTC)	September 14 9:00 AM EST (14:00 UTC)
osETH	100%	September 16 9:00 AM EST (14:00 UTC)	September 28 9:00 AM EST (14:00 UTC)
STONE	100%	September 30 9:00 AM EST (14:00 UTC)	October 12 9:00 AM EST (14:00 UTC)
AnkrETH	TBD	October 14 9:00 AM EST (14:00 UTC)	October 26 9:00 AM EST (14:00 UTC)
Others TBA	TBD

*Note: boosts will run for limited time periods, will not be available for the entire season.

Time incentives

Early deposit

Boosts for early staking deposits

Time staked (hrs)	Boost %
0 - 72 hours	300%
72 - 120 hours	100%
120 - 192 hours	50%

Continuous staking

Boosts for long-term stakers

Phase	Boost %
Phase 1	0%
Phase 2	25% boost for 4 weeks of staking in Phase 1

Phase boost

Boosts during certain Phases

Phase	Boost %
Phase 1	100%
Phase 2	0%

Social incentives

Referral boost

Refer your friends and earn a boost

Referral	Boost %
Example: you refer 5 friends who deposit $50,000 worth of LST / LRT. You will accrue 20% of their 50,000 points per day	20%

Social activity boost

Boosts for completing social activities

[BARS] per day
50K points per wallet available for completing certain social activity and quests

Community boost

Boosts for Bracket NFT, OG, buyers and LP providers

[BARS] available
2 billion [BARS] available for NFT holders, OG, buyers, LP providers, and other active community contributors

Example calculations:

1. Maximizing Example

User deposits 150 stETH when staking in the $0-50mm TVL cap bucket and within the 0-72 hours window and remains staking into Phase II.

User will receive base points + 5 additional boosts (TVL, Early Deposit, Phase boost, Size, Continuous staking).

Points Boost	Calculation	Total Points
Base points	Assume 150 stETH = $525,000 USD = 525,000 points	525,000 per day
TVL boost	100% x 525,000 Base points = 525,000	525,000 per day until the end of Phase I
Early Deposit boost	300% x 525,000 Base points = 1,575,000	1,575,000 per day until the end of 72 hours
Phase boost	100% x 525,000 Base points = 525,000	525,000 per day until the end of Phase I
Size boost	25% x 525,000 Base points = 131,250	131,250 per day until the end of Phase I
Continuous staking boost (must stake at least 4 continuous weeks in Phase I)	25% x Phase II Base points	Phase II base points will receive 25% boost per day
Total		3,281,250 per day until the boosts expire Phase II start with 525,000 bonus + will receive 25% boost on Base points per day

2. Phase I Early Deposit Example User deposits $3,500 of stETH when staking is within the $0-50mm TVL bucket and within the 0-72 hours window.

User will receive base points + 3 additional boosts (TVL, Early Deposit and Phase boost).

Points Boost	Calculation	Total Points
Base points	Assume 1 stETH = $3,500 USD = 3,500 points	3,500 per day
TVL boost	100% x 3,500 Base points = 3,500	3,500 per day until the end of Phase I
Early Deposit boost	300% x 3,500 Base points = 10,500	10,500 per day until the end of 72 hours
Phase boost	100% x 3,500 Base points = 3,500	3,500 per day until the end of Phase I
Total		21,000 per day until the boosts expire

3. Phase I Late Deposit Example User deposits $3,500 of stETH when staking is in the $101-250mm TVL bucket and within the 120 - 192 hours window.

User will receive base points + 3 additional boosts (TVL, Early Deposit and Phase boost).

Points Boost	Calculation
Base points	Assume 1 stETH = $3,500 USD = 3,500 points	3,500 per day
TVL boost	20% x 3,500 Base points = 3,500	700 per day until the end of Phase I
Early Deposit boost	50% x 3,500 Base points = 10,500	1,750 per day until the end of 192 hours
Phase boost	100% x 3,500 Base points = 3,500	3,500 per day until the end of Phase I
Total		9,450 per day until the boosts expire

*Users can also get additional rewards from social incentives, asset boosts, and more. These will stack with the previous boosts.

4. Carrying Deposit into Phase II Example

User deposits $3,500 in stETH when staking is in the $101-250mm TVL bucket and within the 120 - 192 hours window and remains staking into Phase II after brtkETH issuance

User will receive base points + 4 additional boosts (TVL, Early Deposit, Phase boost, Continuous staking).

Points Boost	Calculation	Total Points
Base points	Assume 1 stETH = $3,500 USD = 3,500 points	3,500 per day
TVL boost	20% x 3,500 Base points = 3,500	700 per day until the end of Phase I
Early Deposit boost	50% x 3,500 Base points = 10,500	1,750 per day until the end of 192 hours
Phase boost	100% x 3,500 Base points = 3,500	3,500 per day until the end of Phase I
Continuous staking boost (must stake at least 4 continuous weeks in Phase I)	25% x Phase II Base points	Phase II base points will receive 25% boost per day
Total		9,450 per day until the boosts expire Phase II start with 3,500 bonus + will receive 25% boost on Base points per day

Note: Phase 1 balance start at 0 and will rollover to Phase 2

For all examples: Users can also get additional rewards from social incentives, asset boosts, and more. These will stack with the previous boosts.

------ For disclaimer, please see the legal section.