# Phase I Staking ### **Conversion** Bracket \[BARS] = 1 point for notional $ per day\ \&#xNAN;*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 |


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9,450 per day until the boosts expire

Phase II start with 3,500 bonus + will receive 25% boost on Base points per day

| \ \&#xNAN;***Note:** Phase 1 balance start at 0 and will rollover to Phase 2* \ \&#xNAN;***For all examples:** Users can also get additional rewards from social incentives, asset boosts, and more. These will stack with the previous boosts.* \ \&#xNAN;*------*\ *For disclaimer, please see the* [*legal*](https://docs.bracket.fi/resources-and-links/legal) *section.*