# VIP Tiers

At Floor Protocol, we recognize the diverse needs of our users and have tailored our VIP tiers to suit a range of preferences and investment strategies. Our VIP system is designed to offer increasing benefits and features based on the amount of $FLC staked, allowing users to realize the full Flooring Protocol experience.

<figure><img src="https://4151815585-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fv5eIM8bG4ebEPYdTVefW%2Fuploads%2FcgXbvGS9eB0sUy3MkAgR%2Fphoto_2023-09-22_23-46-49.jpg?alt=media&#x26;token=22cec48b-caac-4648-ac18-489f9c39206e" alt=""><figcaption><p><a href="vip-tiers/safeboxes-by-vip-tiers"> Lean more</a> about how VIP Tiers affect how you interact with Safeboxes.</p></figcaption></figure>

### **VIP1: The Trader**

Ideal for individuals looking to swiftly cash out their NFTs via auctions.

### **VIP2 - VIP4: The Liquid Investor**

These tiers cater to users with short to mid-term liquidity needs, allowing them to access liquidity against their NFTs in Safeboxes for durations spanning weeks to months.

### **VIP5 - VIP7: The Collector**

For the seasoned collectors who prioritize long-term capital efficiency. Shielded from price volatilities, members of these tiers can store their NFTs in Safeboxes for extensive durations, unlocking the liquidity typically tied up by floor prices.

## Staking Requirements for VIP Tiers

<table data-full-width="false"><thead><tr><th>VIP Tiers</th><th>Staked $FLC</th><th>Max Safebox Duration</th></tr></thead><tbody><tr><td>VIP1</td><td>30K</td><td>3 days</td></tr><tr><td>VIP2</td><td>100K</td><td>15 days</td></tr><tr><td>VIP3</td><td>300K</td><td>60 days</td></tr><tr><td>VIP4</td><td>1M</td><td>180 days</td></tr><tr><td>VIP5</td><td>3M</td><td>360 days</td></tr><tr><td>VIP6</td><td>10M</td><td>540 days</td></tr><tr><td>VIP7</td><td>30M</td><td>720 days</td></tr></tbody></table>

{% hint style="info" %}
Staked $FLC can be withdrawn anytime unless there are Safeboxes in use.
{% endhint %}

## Infinite Safebox Duration for VIP3 and above

<table data-full-width="false"><thead><tr><th>VIP Tier</th><th>∞ Locking Min RR</th><th>Safebox Discount</th></tr></thead><tbody><tr><td>VIP3</td><td>80%</td><td>4,000 FLC</td></tr><tr><td>VIP4</td><td>70%</td><td>8,000 FLC</td></tr><tr><td>VIP5</td><td>60%</td><td>16,000 FLC</td></tr><tr><td>VIP6</td><td>50%</td><td>32,000 FLC</td></tr><tr><td>VIP7</td><td>30%</td><td>64,000 FLC</td></tr></tbody></table>

{% hint style="success" %}
When Reserve Ratio is > 80%, VIP3 and above are able to lock their NFTs indefinitely regardless of RR fluctuation in the future.
{% endhint %}

## **Glossary**

**Staked $FLC** \
The number of tokens to be locked in the user account to maintain the VIP level.

**Max Safebox Duration**\
The maximum period of time that can be booked when renting or extending a Safebox.

**Rental Discount**\
The discount applied to the Safebox rental staking requirement.

Flooring Protocol's VIP tier structure ensures that every user finds a level that matches their strategy, whether they're making quick trades, seeking short-term liquidity, or investing for the long haul.
