> For the complete documentation index, see [llms.txt](https://docs.uplift.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.uplift.io/staking/overview.md).

# Overview

Staking serves a function of generating yield from LIFT token supply by leveraging the vast resources of the platform as well as allows access to Uplift IDO

Staking LIFT provides opportunities to: 

* Get access to the low-rate exclusive IDO rounds.
* Gain and exercise leverage in the platform governance.
* Signal affinity to the most disruptive projects.\
  \
  Participate in a lucrative booster program based on the amount staked, length of staking, as well as for referring other stakers to the platform.

<figure><img src="https://133073167-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FqkhZ7RyhuswXXXXBhlP7%2Fuploads%2FW6xzV2dIaxuqNy7bHM8w%2F%D0%A1%D0%BD%D0%B8%D0%BC%D0%BE%D0%BA%20%D1%8D%D0%BA%D1%80%D0%B0%D0%BD%D0%B0%202023-05-30%20%D0%B2%2015.30.32.png?alt=media&amp;token=32649111-150b-4d23-bc5f-f0ddefd0e459" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
There is a 0 option: a stake can be unstaked at any time without exit fee. However, the booster for such stake is 0%.
{% endhint %}

**Staking Exit Fee**

A 5% staking fee is applied to the user's stake (but not to the rewards) when a user exists before the due time. Time multiplier is attributed proportionally to the time spent in the pool. Difference between calculated rewards and rewards calculated due to a new time of exit are sent back to the emission.

The amount of staking fee is *equally distributed between the parent and grandparent referrers* (each receives 2.5 %). In such a way, the funds are channeled into the [referral program](https://docs.uplift.io/staking/referral-program).

If there is no parent or grandparent, the amount will be sent to the emission contract.

**Example:**

*When a user having staked **100 LIFT** exits before the due time, 5 LIFT constituting 5% of the amount staked goes to their parent and grandparent,  respectively (each one receiving 2.5 LIFT).*