# Worked Examples

{% hint style="info" %}
Operator and jurisdiction: BASIS is operated by BASIS DIGITAL INFRASTRUCTURE LTD, a Seychelles IBC (LEI: [254900IX2F2KCWNSSS64](https://lei.bloomberg.com/leis/view/254900IX2F2KCWNSSS64)).
{% endhint %}

## Example 1, Quantity preservation vs displayed portfolio value

You deposit 1 BTC when BTC trades at 100,000 in USDT-equivalent terms.

* You deposit BTC by sending it to your BASIS-assigned BTC address.
* You swap to 1 stBTC at a 1:1 quantity ratio.
* Over time, rewards accumulate in real time and your position becomes 1.10 BTC in quantity terms.

If BTC price later drops to 50,000 in USDT-equivalent terms:

* Quantity increased: 1.00 BTC → 1.10 BTC
* Displayed portfolio value decreased: 100,000 → 55,000

This shows:

* BASIS is designed around preservation and growth of asset quantity
* BASIS does not guarantee the displayed market value of the underlying asset in USDT-equivalent terms

{% hint style="success" %}
For BTC, deposits are made by copying your unique BASIS-assigned deposit address. No Web3 wallet connection is required for BTC deposits.
{% endhint %}

## Example 2, Lock-up booster effect

Assume an illustrative base net yield rate for a period is 0.40%.

Under the Booster schedule, a 180D lock-up applies a +100% booster, equivalent to 2× the base rate.

| Lock-up | Booster | Illustrative result on 0.40% base |
| ------- | ------- | --------------------------------- |
| 14D     | +10%    | 0.44%                             |
| 30D     | +20%    | 0.48%                             |
| 90D     | +50%    | 0.60%                             |
| 180D    | +100%   | 0.80%                             |

Actual realized yield depends on:

* market conditions
* execution precision
* structural alpha capture conditions
* safety state behavior
* deterministic risk controls

## Example 3, Booster reset on add-stake

You stake BTC with a displayed portfolio value of 10,000 in USDT-equivalent terms under a 90D lock-up. After 30 days, you add more BTC with a displayed portfolio value of 5,000.

Under the reset policy:

* the lock timer resets at the new add-stake timestamp
* the aggregated staked position follows the new schedule
* rewards continue to accumulate as stBTC in the Staking Wallet

This prevents booster gaming and preserves fairness across participants.

{% hint style="warning" %}
Unstaking is processed as full-position only. BASIS automatically applies MAX on unstake, and the claimable amount is auto-credited to your Staking Wallet as stToken.
{% endhint %}

## Example 4, Fixed pool unstaking rationale

If many users request unstaking around the same time:

* immediate liquidation can create slippage and adverse execution
* those effects may reduce net outcomes for remaining participants
* a defined lock-up structure supports orderly strategy unwinds under state machine controls

For fixed pools:

* unstaking is available only after the selected lock-up period ends
* there is no early exit option

This framework supports deterministic execution, mathematical constraints, and consistent risk handling.

***

If you want to explore these mechanics further, read Risk Disclosure and Risk Model next.


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