Worked Examples
Operator & jurisdiction: BASIS is operated by BASIS DIGITAL INFRASTRUCTURE LTD, a Seychelles-incorporated entity (LEI: 254900IX2F2KCWNSSS64).
Currency convention: Portfolio values may be displayed in USDT as an internal accounting and reference unit for USD-equivalent reporting. USDT is not a depositable or withdrawable asset on BASIS.
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
For BTC, deposits are made by copying your unique BASIS-assigned deposit address. No Web3 wallet connection is required for BTC deposits.
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.
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.
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.
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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