๐Ÿ”ŒGuide to Add GTC Staking Stamp to Passport

Introduction

GTC Staking (Identity Staking) is a mechanism that allows you to stake GTC to boost your reputation and/or boost the reputation of other people who you trust. Please refer to our article for more information about GTC staking

Cost: 5 -125 GTC ($10 - $250) + Gas

Time: 20 minutes

Validity: 90 days

Networks you can use:

  • Ethereum Mainnet (L1)

  • Optimism

  • Arbitrum

Prerequisites

Before you start, make sure you have:

  • A Gitcoin Passport account.

  • A wallet with at least 5 GTC on Ethereum mainnet (OP is coming soon) (see GTC FAQ)

Self GTC Staking

Validity: 90 days.

Fees: GTC staking amount + network gas fees.

The credentials are:

  • Bronze: You stake 5 GTC on yourself

  • Silver: You stake 20 GTC on yourself

  • Gold: You stake 125 GTC on yourself

To stake on yourself,

  1. Browse to the GTC Staking page and connect your wallet.

  2. Click the โ€œYour Stakeโ€ section

  3. Choose the amount you want to stake and the Lockup period. Go ahead and stake

  4. Authorize the contract: Initiate the first transaction to grant permission for the smart contract to access and utilize your GTC tokens. This is a critical security step to ensure that only the staking process can move your GTC, safeguarding your assets. Confirm this authorization through your wallet to proceed to the final staking phase.

  5. Complete the staking: After authorizing, you'll need to confirm the staking transaction. This action officially stakes your GTC tokens. A prompt will appear in your wallet for this second and final confirmation. Follow your walletโ€™s instructions to finish the staking process.

  6. Once youโ€™ve successfully completed the transactions, you can see your stake appear on the dashboard under the โ€œYour Stakeโ€ section

Community GTC Staking

Validity: 90 days.

Fees: GTC staking amount + network gas fees.

The credentials are:

  • Beginner Community Staker: Stake 5 GTC on at least 1 account or have 1 account stake 5 GTC on you.

  • Experienced Community Staker: Participate in two staking actions, each involving at least 10 GTC. Options include: staking on two different accounts, receiving stakes from two different accounts, or a mutual stake. Every stake must be a minimum of 10 GTC.

  • Trusted Citizen: Receive stakes from 5 unique users, each staking a minimum of 20 GTC on you.

To stake on others,

  1. Browse to the GTC Staking page and connect your wallet.

  2. Click the โ€œStake for Othersโ€ section

  3. Choose the amount you want to stake and the Lockup period. Go ahead and stake

  4. Authorize the contract: Initiate the first transaction to grant permission for the smart contract to access and utilize your GTC tokens. This is a critical security step to ensure that only the staking process can move your GTC, safeguarding your assets. Confirm this authorization through your wallet to proceed to the final staking phase. (You may not see this step if youโ€™ve already done the authorization.

  5. Complete the staking: After authorizing, you'll need to confirm the staking transaction. This action officially stakes your GTC tokens. A prompt will appear in your wallet for this second and final confirmation. Follow your walletโ€™s instructions to finish the staking process.

  6. Once youโ€™ve successfully completed the transactions, you can see your stake appear on the dashboard under the โ€œYour Stakeโ€ section

Follow these steps to claim the stamp:

  1. Go to https://passport.gitcoin.co/ and "Sign in with Ethereum" to access your dashboard.

  2. Click Connect on the GTC Staking stamp card.

  3. Click Verify to claim all credentials that you are eligible for.

  4. Confirm your account is now verified. You can confirm this by seeing the button that previously read as Connect Account will now say Verified.

Frequently Asked Questions (FAQ)

For detailed answers and guidance, please visit our FAQ page.

Troubleshooting

If you encounter any issues during this process, our support team is ready to assist. You can reach out through the chat feature available at the bottom right corner of the Gitcoin Passport app. We're here to ensure a smooth verification process.

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