# Overview

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="/files/jTws0FCrAwLB5NeHF5cN" 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).*


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