# 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 |
| 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*](/resources-and-links/legal.md) *section.*
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