Introducing Bracket [BARS] — Our Points Program
Bracket Is Liquid Staked DeFi
Now is the time to focus on LSTfi. As LSTs & LRTs grow, we can see the signs of market fragmentation, which precedes collateral inefficiencies and slows the evolution of this valuable asset class.
We are excited to share our solutions to these problems, and as we prepare for the launch of staking in Phase I, our community is ready to earn rewards and power the next generation of DeFi.
Without further ado, we introduce our points program Bracket [BARS] and invite you to join us!
Bracket [BARS]
Each user can receive points rewards called Bracket [BARS] for different activities performed on our platform and in our community.
[BARS] will serve as an award for future incentives.
The number of [BARS] earned will be directly tied to formulas for various incentives you can review below.
Cryptocurrencies like Ether (ETH), Liquid Staked Tokens (LSTs), and Liquid Restaking Tokens (LRTs) deposited on the platform will be converted to their respective notional U.S. Dollar values at the time of deposit or activity.
This allows for fair and consistent points conversion, ensuring that users are awarded proportionally to the value of their deposits or activities, regardless of the specific asset involved.
Incentives
Providing an outstanding user experience is a core priority at Bracket. We understand that a great experience builds trust, loyalty, and engagement within our community.
To uphold this commitment, we have implemented a robust incentive program to enhance the journey for our valued users. We will reward those who’ve supported our past as well as the community who’ll be helping us drive the future of LSTfi.
This program is a testament to our dedication to putting the user first. We aim to cultivate a thriving environment where users feel valued, connected, and empowered to shape the future of the Liquid Staking Economy.
Here are the three main incentive buckets to focus on:
I. TVL Incentives
TVL Multipliers: deposits within each TVL Cap range will receive a continuous [BARS] boost during Phase I.
• 0 — $50mm → 100% Boost
• $51 — $100mm → 50% Boost
• $101 — $250mm → 20% Boost
Size Multipliers: larger deposits will receive magnifiers.
•$100K+ deposit → 15% Magnifier
• $500K+ deposit → 25% Magnifier
Asset Multipliers: boosts for select assets will be announced*
• stETH
• rETH
• eETH
• rsETH
• ankrETH
• Others TBA
*Note: Boosts will run for limited time periods, and will not be available for the entire season.
II. Time Incentives
Early Deposits: early escrow deposits will be awarded a bonus.
• 0–72 hours → 300% Boost
• 72–120 hours → 100% Boost
• 120–192 hours → 50% Boost
Continuous Staking: long-term stakers will receive a boost in future phases.
• Phase I→ 0% Magnifier
• Phase II→ 25% Magnifier for 4 weeks of staking in Phase I
Phase Boost: certain Phases will receive a boost.
• Phase I→ 100% Boost for deposits
• Phase II→ 0% Boost
III. Social Incentives
Referral Boost: refer your friends and earn [BARS] amplifiers. Each referral grants a 20% Amplifier.
• Example: you refer to 5 friends who deposit $50,000 worth of LST/LRT. You will accrue 20% of their 50,000 [BARS] per day.
Social Activity Boost: boosts for completing social activities, e.g. events, quests.
• 50K [BARS] per wallet available for completing certain social activities
Community Boost: boosts will be granted to Bracket NFT, OG holders, buyers and LP providers and other active community contributors.
• 2 Billion [BARS] available for eligible community members
Join Us
[BARS] is the ultimate points program for anyone in LSTfi. The utility of $brktETH and the Bracket Platform fuels this energetic ecosystem. Reap the benefits now, and combine points with quest rewards to maximize your involvement.
Join us and start stacking [BARS] today:
https://www.bracket.fi/quest
About Bracket
While LST/LRTs have directly created some relationships to deliver some utility, Bracket is creating a holistic LSTfi Platform.
Multiple aspects distinguish Bracket as a platform versus just a set of applications, some of them are:
We have $brktETH, an LRT that unifies the liquidity of the underlying LST and LRT and makes them fungible. It merges liquidity, which creates better utility and continues to accrue your underlying points in the LSTs or LRTs you purchased plus Bracket [BARS].
$brktETH has a treasury where the accepted LST and LRTs are vetted and monitored by our team for safety, and provides diversification to the risk of any one LST or LRT. Users can move between passive and active strategies that use a consistent and familiar UI and can view balances consolidated across all strategies.
Performance will be calculated consistently across strategies to maximize comparability. Where active managers are involved, protocols and on-chain strategies will be controlled, transparent, easy to move between, and vetted. Also, margin lending with collateral management is available across strategies.
The benefits of staking LSTs with Bracket include:
• Stacking [BARS]: users can continue to earn LRT points while accruing new Bracket [BARS], potentially enhancing their overall earning.
• Deployment into Strategies: the platform’s native token, $brktETH, can be deployed into passive and active strategies, providing opportunities for further earnings.
• Fungibility and Diversification: by merging LSTs behind $brktETH, users can enjoy fungibility, capital efficiency, and diversification, representing a more effective way to hold LSTs.
As we enter Phase II, Bracket will open its platform for Liquid Staked DeFi as a way to create additional opportunities for $brktETH. Opportunities will be available on both the Ethereum and Arbitrum networks, and we have plans to expand to other chains as well in the future.
Overall, Bracket’s platform aims to provide a comprehensive solution for earning opportunities on LSTs and LRTs, offering a range of passive and active strategies, as well as the potential for enhanced earning through stacking [BARS] and deploying the native token into strategies.
Website: https://bracket.fi
Quests: https://www.bracket.fi/quest
Twitter: https://twitter.com/bracket_fi
Discord: https://discord.gg/bracket
GitBook: https://bracket-labs.gitbook.io/bracket
Telegram (News): https://t.me/bracket_news
Telegram (Community): https://t.me/bracket_community
