Examples

Most of it is referred from domo's gitbook.

Let's say you want to inscribe your own token (assume ABCD) with staking rewards. One can perform given ops

Deploy a token

You can deploy your token using following code

{
"p":"brc-20",
"op":"deploy",
"tick":"bYLD",
"max":"10000000",
"lim":"10000",
"yield": {"6000": "0.0007","8000": "0.0002", "1000000":"0.00002"}
}

$abcd might be already inscribed or fully minted. Example for demonstration purposes only.

• Now, you will own whole of supply (BRC-20 standard proposition) until people mint it. There is no whitelist/limits per wallet in current scheme of BRC-20 things. However, there is limit per inscription.

• Yield is a nested json which shows first 6000 blocks yield (per token per block), 8000 blocks yield etc.

Mint a token

Minter populates mint function with required information

{ 
"p": "brc-20",
"op": "mint",
"tick": "bYLD",
"amt": "1"
}

• Inscribe the function to your own ordinal enabled wallet taproot address. Make sure not using inscription service that mints to itself first.

• You now have 1 "bYLD"

Transfer 500 "ordi" to Satoshi's wallet

Satoshi wallet just an example. Can send to any ordinal compatible taproot address.

{ 
  "p": "brc-20",
  "op": "transfer",
  "tick": "bYLD",
  "amt": "500"
}

• Inscribe the function to your own ordinal enabled wallets taproot address that holds the balance. Make sure not using inscription service that mints to itself first. Some ordinal wallets generate a different address each time, make sure to send to the address that holds the balance.

• Send the inscription from your wallet to Satoshi's ordinal enabled wallets taproot address (if he had one).

• Satoshi now has 500 "bYLD"

User	Balance at start	Balance at end
Sender	500	0
Satoshi	0	500

Staking

Staking is done by incribing a transfer inscription & depositing tokens in the staking wallet address. To stake 100 $bYLD tokens, we will perform transfer as:

{
  "p":"brc-20",
  "op":"transfer",
  "tick":"bYLD",
  "amt":"100"
}

• Transfer the tokens to staking wallet & block time is captured upon transfer to calculate the yield

Unstake

Let us assume we had staked 1000 $bYLD tokens for 100 blocks. The balance shown on staking dashboard will be 1000 * (1+0.0007*100) = 1070 tokens.We need to inscribe an untransfer op and send it to the staking address. Below is an example of such un-transfer inscription:

{
  "p":"brc-20",
  "op":"untransfer",
  "tick":"bYLD",
  "txn":"c63ac7663b77b01dc941fc990caf04bb48cb9aeeade8ddi0"
}

• Untransfer op is defined only for staking protocol, its not a part of original BRC20 design. Please ensure you correctly perform this action.

• Txn is the original transaction inscription id for staking the tokens.

• If you inscribe this from a wallet multiple times, only first one will be catered (txn is unique identifier per stake set).

• If you inscribe this from a wallet which has never STAKED OR txn is invalid, then this inscription will be a waste.