About Bracket

Bracket is a liquid staking platform. It allows users to restake LSTs (Liquid Staking Tokens) and LRTs (Liquid Restaking Tokens).

Bracket has raised funds twice from Binance Labs, with publicly disclosed amounts totaling $2 million. Given its two funding rounds from Binance Labs, a potential listing on Binance is also quite likely.

  • June 2023: Selected for Binance Labs incubation program
    (Raised funds at the same time as DappOS, Kryptoskatt, Mind Network, and zkPass)
  • January 2024: Raised $2 million in funding, possibly led by Binance Labs

Bracket fundraising

An incentive staking program has been running since July 31, 2024, where you can earn points called BARS by staking. (Funds staked can be withdrawn at any time.) Given the point system, an airdrop is almost certain.

There are many liquid staking projects out there, so it will be interesting to see how they plan to increase their TVL (Total Value Locked) in the future.

Bracket Airdrop Guide

  1. Connect your wallet to Bracket
  2. Staking LSTs or LRTs

Staking early will give you a boost, so it is recommended to stake now. Incidentally, staked assets can be withdrawn at any time.

Bracket Staking

Point Simulation for Staking 1stETH

We ran a simulation for depositing 1stETH ($3,300) within 72 hours when the TVL is below $50 million. The initial boost is quite significant.

Points Boost Calculation Total Points
BasePoints  1stETH=$3,300=3,300 points 3,300 per day
Early Deposit boost 3,300×300%=9,900 points 9,900 per day until the end of 72 hours
Phase boost 3,300×100%=3,300 points 3,300 per day until the end of Phase1
TVL boost 3,300×100%=3,300 points 3,300 per day until the end of Phase1
Total 19,800 per day