> For the complete documentation index, see [llms.txt](https://battlestakes.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://battlestakes.gitbook.io/whitepaper/projections/protocol-designed-returns.md).

# Protocol Designed Returns

Returns are **variable** and no exact % can be guaranteed as the user controls the risk and length of the battles they stake their $GEN. Additionally users also can increase their $GEN earnings through referral bonuses so it is impossible to know how any individual user will fare. However, users can set expectations for their returns by using the calculator on [https://battlestakes.community](< https://battlestakes.community>)&#x20;

Assuming the user is to win their battle, they can expect to receive between **0.75% - 1.05% / day** on their $GEN in Battle. This is based upon the value after the battle taxes are paid.&#x20;

The $ARENA token - which can be traded to the protocol for BUSD - will be disbursed to winners at the following rate: *Arena disbursement factor\** (*Length of Battle \* $GEN Staked) / 365*

The Arena disbursement factor is based upon how many people are holding Arena relative to the protocol's holding.&#x20;

For each player that a user refers, the user will receive 5% (of the principal staked) each time that new player stakes their $GEN in battle. There is no limit on how much $GEN you can earn this way!

<figure><img src="https://4281242024-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F5O1C3Zb3uacRvNP2KCL4%2Fuploads%2FguFJ2IXn1876hxQfQZMz%2Fimage.png?alt=media&amp;token=82781e01-8c09-4c6a-82cb-083a9cc23c53" alt=""><figcaption><p>Sample of Calculator on Battlestakes.Community</p></figcaption></figure>

{% hint style="info" %}
These returns are specific to the protocol and while they are designed to be independent of greater market forces - no ecosysyem can insulate itself from external factors. Battle Stakes is designed to help the user to excel regardless of the broader economy.
{% endhint %}