# Native DEIN staking

## Summary

* Anyone can stake DEIN in the DEIN Native Staking Contract.&#x20;
* Rewards are distributed proportionally to the Native Stakers based on the amount of DEIN staked and chosen staking duration.
* Rewards are not compounded but can be re-staked to the user's currently owned DEIN Native Staking NFT.
* Users receive DEIN Native Staking NFT (ERC-1155) as proof of their staking position. These NFTs are tradable, which, if done, transfers the staking position.

{% hint style="danger" %}
Transferring the DEIN Native Staking NFT from wallet X will result in the wallet X losing the staking position - please take caution, and trade them with care.
{% endhint %}

## Where can I buy DEIN?

DEIN[ ](https://app.sushi.com/swap?outputCurrency=0x725c263e32c72ddc3a19bea12c5a0479a81ee688\&use=V2)can be bought on Uniswap or directly from DEIN's app via the Uniswap widget.

## How big are the staking rewards?

DEIN rewards distribution rates are re-calculated monthly by the [Reward Pool.](/dein-system/reward-pool.md)\
To see the current DEIN Native Staking APY, please head to [our app.](https://docs.dein.fi/governance/www.app.dein.fi)

{% content-ref url="/pages/DQf1zLDNTl8xIbVF8FKT" %}
[Reward Pool](/dein-system/reward-pool.md)
{% endcontent-ref %}

## What is the DEIN Native Staking NFT?

DEIN Native Staking NFT proves the user's position in the native DEIN staking pool. It's minted at the moment of creating a new DEIN Native Staking position.&#x20;

Each DEIN Native Staking NFT differs by the DEIN amounts staked and the terms of the staking.

DEIN Native Staking NFTs can also be used to vote on claims by locking them in the voting contract. This process is handled in the [Claims Assessment section of the app.](https://app.bridgemutual.io/user/claims-assessment)

To read more about the voting process, please head here:

{% content-ref url="/pages/-McNj11NKXF-yppcfiLT" %}
[Claim voting process](/governance/voting/claim-voting-process.md)
{% endcontent-ref %}

## DEIN Native Staking terms

Anyone can stake their DEIN tokens in the DEIN Native Staking Contract in exchange for rewards (DEIN tokens) and a DEIN Native Staking NFT (ERC-1155) that represents their position.

<table><thead><tr><th width="263.3333333333333" align="center"></th><th align="center"></th><th align="center"></th></tr></thead><tbody><tr><td align="center"><strong>Staking Duration (months)</strong></td><td align="center"><strong>Reward Multiplier</strong></td><td align="center"><strong>Voting Multiplier</strong></td></tr><tr><td align="center">1</td><td align="center">1</td><td align="center">1</td></tr><tr><td align="center">6</td><td align="center">2</td><td align="center">3</td></tr><tr><td align="center">12</td><td align="center">3</td><td align="center">10</td></tr><tr><td align="center">24</td><td align="center">4</td><td align="center">40</td></tr><tr><td align="center">36</td><td align="center">5</td><td align="center">100</td></tr></tbody></table>

### Discount Levels

Native Stakers are addiitonaly rewarded with a discount on the Premium when purchasing a Policy.\
There are 7 Discount Levels, each obtained by reaching a certain threshold of Staking Power.\
Staking Power is simply the DEIN staked in the position multiplied by the Reward Multiplier.

<table data-header-hidden><thead><tr><th width="111.33333333333331" align="center"></th><th width="302" align="center"></th><th align="center"></th></tr></thead><tbody><tr><td align="center"><strong>Level</strong></td><td align="center"><strong>Staking power</strong></td><td align="center"><strong>Discount</strong></td></tr><tr><td align="center">1</td><td align="center">1,120+</td><td align="center">1%</td></tr><tr><td align="center">2</td><td align="center">5,600+</td><td align="center">2%</td></tr><tr><td align="center">3</td><td align="center">22,400+</td><td align="center">3%</td></tr><tr><td align="center">4</td><td align="center">67,200+</td><td align="center">4%</td></tr><tr><td align="center">5</td><td align="center">168,000+</td><td align="center">7%</td></tr><tr><td align="center">6</td><td align="center">420,000+</td><td align="center">10%</td></tr><tr><td align="center">7</td><td align="center">1,050,000+</td><td align="center">15%</td></tr></tbody></table>

{% hint style="info" %}
Example:\
1\. User A stakes 5,000 DEIN tokens to the DEIN Native Staking Contract for the duration of 36 months\
2\. DEIN System mints a DEIN Native Staking NFT with the specified amount and duration information:\
Amount: 5,000 DEIN\
Lockup: 36 months\
Reward Multiplier: 5x\
Voting Multiplier: 100x\
Staking Power: 25,000\
Voting Power: 500,000\
3\. Since this is User A's only DEIN Native Staking NFT, they qualify for the Discount Level 3, and will receive 3% Discount on any Policy Purchase against a DEIN Policybook.
{% endhint %}

## **Voting with DEIN Native Staking NFTs**&#x20;

DEIN Native Staking NFTs enable users to lock their NFTs for voting purposes. By participating in the voting process, users contribute to decision-making within the DEIN ecosystem. The staking duration associated with the NFT reflects the NFT's voting power, therefore longer staking durations directly result in increased influence in the voting outcomes.

{% hint style="warning" %}
User's total Voting Power is a [sub-linear sum of all of their locked NFT's Voting Power,](/governance/voting/voting-calculations.md#how-is-the-voting-power-calculated) and differs from the individual NFT Voting Power.
{% endhint %}

Please refer to the Claims Assessment section of our app to learn more about the voting process.

{% content-ref url="/pages/ylRCHzltmDyDav1V3QYA" %}
[Voting](/governance/voting.md)
{% endcontent-ref %}

## Are there any risks I should be aware of?

While participating in Native DEIN Staking, it's important to be aware of potential risks, although they are unlikely to occur. One such risk is the extremely remote possibility of the Compounded Pool being used for Payouts, which is designed as a last resort measure. However, DEIN employs various mechanisms to minimize this likelihood and make sure only a small portion of the Native Staking is affected.&#x20;

We reccomend to read more about the Compounded Pool here:

{% content-ref url="/pages/adbhpvfQg3zhVjJZvply" %}
[Compounded Pool](/dein-system/compounded-pool.md)
{% endcontent-ref %}


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