# Stake Referrals Just as the WISE contract includes a referral program to incentivize users to help bring more ETH into the Liquidity Transformer, it also provides a referral program for staking. When a user opens a new stake, the front-end interface checks whether the browser has a referral cookie, just as it does when making a token reservation in the LT Epoch. If such a cookie is present, AND the new stake is at least 365 days long, the contract tags this new stake with the referrer's address. A referred stake generates 10% extra shares for the staker (beyond what it would have if not referred) as well an equal (but without the 10% bonus) amount of “critical mass shares” (a.k.a. “CM shares”) for the referrer. The system-wide pool of CM shares gets earmarked one quarter of the daily inflation WISE, but only for referrers that have qualified as CM referrers. To qualify as a CM referrer, a user must have reached a total of $10,000 worth of referred stakes of 365+ days in length. If a user meets this condition, they are immediately and forever tagged as a CM referrer, and cannot ever lose that distinction, regardless of if their referees close all their stakes. Another way to qualify as a CM referrer is to have referred 50 ETH of token reservations in the referral system of the LT Epoch. Users reaching that level are automatically pre-qualified as CM referrers forever. Calculating a new stake's USD value is only done once, when the stake is opened. The WISE/USD exchange rate used for this calculation will be determined by querying the Uniswap WISE/ETH and ETH/DAI exchange pair contracts' price oracle interfaces. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.wisetoken.net/wise-token/wise-ethereum/wise-contract-functionality/circulation-epoch/staking/stake-referrals.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.