> ## Documentation Index
> Fetch the complete documentation index at: https://docs.cashmere.exchange/llms.txt
> Use this file to discover all available pages before exploring further.

# Tiers & Weight

> The seven rarity tiers, their multipliers, and how your share is calculated.

## How your share is decided

Every reward in Goat Street is split by **weight**. Weight is not a balance you top up — it is a
property of your NFT, and it comes from exactly two places:

```
weight = rarity multiplier × level multiplier
```

The rarity multiplier is fixed at mint and never changes. The [level multiplier](/goat-street/levels)
is earned by holding, and is the only part you control.

## The seven tiers

Each NFT belongs to one of seven broker tiers, assigned by the artwork's own metadata before a
single token was minted.

| Tier             | Supply | Share of collection | Multiplier |
| ---------------- | -----: | ------------------: | ---------: |
| Intern Broker    |  2,267 |              34.01% |      1.00× |
| Junior Broker    |  1,733 |              26.00% |      1.15× |
| Senior Broker    |  1,200 |              18.00% |      1.30× |
| Executive Broker |    800 |              12.00% |      1.55× |
| Whale Broker     |    400 |               6.00% |      2.40× |
| Giant Broker     |    200 |               3.00% |      3.70× |
| King Broker      |     66 |               0.99% |      7.20× |

<Callout type="info">
  The ladder is deliberately non-linear. It was fitted to observed floor prices across tiers so that
  a holder's share of revenue tracks what the market already pays for their NFT, rather than
  imposing a curve the market disagrees with.
</Callout>

## The table is frozen

The tier assignment was published, committed on-chain, and then sealed. Two properties make it
verifiable rather than a promise:

<CardGroup cols={2}>
  <Card title="Committed before registration" icon="lock">
    Both setters refuse once any NFT has registered. Weights could not be chosen after anyone knew
    who held what.
  </Card>

  <Card title="Hashed against the source" icon="fingerprint">
    Sealing recorded a hash of the metadata file the table was derived from, so anyone can reproduce
    the assignment from the published source and check it matches the chain.
  </Card>
</CardGroup>

## Rarity and level multiply

They do not replace each other.

|                       | Level 0 | Level 1 (1.25×) | Level 2 (1.50×) | Level 3 (2.00×) | Level 4 (3.00×) |
| --------------------- | ------: | --------------: | --------------: | --------------: | --------------: |
| Intern Broker (1.00×) |   1.00× |           1.25× |           1.50× |           2.00× |           3.00× |
| King Broker (7.20×)   |   7.20× |           9.00× |          10.80× |          14.40× |      **21.60×** |

21.60× is the widest spread the system can produce — a King at the top level against an Intern at
the base.

<Callout type="info">
  The gap between two NFTs at the *same level* is always exactly their rarity ratio. A King at level
  4 is 7.20× an Intern at level 4, the same as at level 0. The ladder never widens the gap between
  tiers; it only widens the gap between holders who stay and holders who do not.

  That separation is deliberate. If the climb tracked weight, a King Broker would reach the top in
  three weeks against an Intern's five months. Rarity is meant to be an advantage bought once at
  mint, not one that compounds on its own.
</Callout>

## What changes your weight

| Event                     | Effect                                                                                                                |
| ------------------------- | --------------------------------------------------------------------------------------------------------------------- |
| Registering               | Weight enters the pool immediately, at your rarity × 1.00×. Costs an entry fee in ETH, also scaled by rarity          |
| Levelling up              | The higher weight applies at once, and **withdrawals are not locked** — the level was earned by waiting, not acquired |
| Selling or moving the NFT | Position is cleared: weight leaves the pool and the tenure clock is destroyed                                         |
| Buying an NFT             | You register fresh at level 0 and pay entry at the price the curve has reached; the seller's level does not transfer  |

<Callout type="warning">
  **The level does not survive a sale — or any transfer.** A buyer always starts at level 0, and
  moving the NFT between your own wallets looks the same to the contract.

  Before transferring, **collect anything owed to you**. Royalty credit belongs to the NFT and
  transfers to the buyer along with the wallet it pays into, so anything you have not withdrawn goes
  with the goat.
</Callout>
