🔌How to add the GTC Staking Stamp
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 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,
Browse to the GTC Staking page and connect your wallet.
Click the dropdown on “Your Stake” section
Choose the amount you want to stake and the Lockup period. Go ahead and stake.
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.
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 wallet’s instructions to finish the staking process.
Once you’ve successfully completed the transactions, you can see your stake appear on the dashboard under the “Your Stake” 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,
Browse to the GTC Staking page and connect your wallet.
Click the “Stake for Others” section
Choose the amount you want to stake and the Lockup period. Go ahead and stake.
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 you’ve already done the authorization.
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 wallet’s instructions to finish the staking process.
Once you’ve successfully completed the transactions, you can see your stake appear on the dashboard under the “Your Stake” section
Follow these steps to claim the stamp:
Go to https://app.passport.xyz/ and "Sign in with Ethereum" to access your dashboard.
Click Connect on the GTC Staking stamp card.
Click Verify to claim all credentials that you are eligible for.
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 Passport XYZ app. We're here to ensure a smooth verification process.
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