> For the complete documentation index, see [llms.txt](https://betfin.gitbook.io/betfin-public/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://betfin.gitbook.io/betfin-public/staking-manual/welcome-to-betfin-liquidity-and-staking.md).

# Welcome to Betfin Liquidity & Staking

Staking at Betfin allows users to lock their BET tokens in different pools to earn rewards. Originally there were two types of staking:

{% embed url="<https://betfin-academy.s3.eu-central-1.amazonaws.com/bf-staking.mp4>" %}
Betfin staking intro
{% endembed %}

### <mark style="color:$warning;">New in V2</mark>

<mark style="color:$warning;">There are three primary ways to provide capital: the primary Liquidity Pool and existing legacy staking pools (Conservative and Dynamic). Providing liquidity is now structured as a bilateral smart-contract arrangement between the provider and independent game operators</mark>

### Liquidity Pool

The Liquidity Pool is the primary infrastructure for new capital provision. It uses an O(1) gas-efficient cumulative accounting model. By depositing tokens, you provide liquidity for independent operators to run games while earning a share of the house edge and fees.

### **Conservative Staking**

A low-risk option allowing users stake their tokens in pools with predetermined terms and conditions. This type of staking offers predictable and stable returns over time.&#x20;

Note: Existing conservative pools remain active until their scheduled end dates, but new participation is handled through the Liquidity Pool.

### **Dynamic Staking**

A higher-risk, higher-reward option where the staking conditions and returns can fluctuate based on the pool's performance and other factors.

Note: Existing dynamic pools remain active until their scheduled end dates, but new participation is handled through the Liquidity Pool.

{% embed url="<https://firebasestorage.googleapis.com/v0/b/betfin-dev.appspot.com/o/Betfin_Stake%20and%20Earn.mp4?alt=media&token=9c1cab12-0c33-429a-8de4-e29767f29a2a>" %}

### Benefits of Staking at Betfin

1. **Great returns** - long term profit backed by mathematical advantage
2. **Enhanced Security:** Your investment is as secured as your wallet private key, there is no third party that affects security of the contract.
3. **Flexibility:** You can choose between conservative and dynamic staking depending on your investment strategy.

### Getting Started

1. **Connect Wallet:** Ensure your wallet is connected to the Betfin platform.
2. **Acquire Pass NFT**: All protocol interactions, including providing liquidity, require holding a soulbound membership Pass NFT.
3. **Choose Pool:** Select the primary Liquidity Pool for new deposits or manage existing legacy positions.
4. **Provide Tokens**: Follow the instructions to deposit your BET tokens into your chosen pool.

For detailed guidelines and terms, explore the specific sections for [#conservative-staking](#conservative-staking "mention"),  [#dynamic-staking](#dynamic-staking "mention") and Liquidity Pool manual.