🔌The Identity Staking (GTC) Stamp
Introduction
Identity Staking, also known as GTC staking, is a mechanism that allows you to stake GTC on yourself and on the trusted individuals in your network to boost reputation.
Identity staking has a dedicated section within our knowledge base if you'd like to learn more.
Cost: 5 -125 GTC ($10 - $250) + Gas
Time: 20 minutes
Validity: 90 days
While the Ethereum mainnet network might be easiest to obtain GTC on, Optimism and Arbitrum will enable you to stake with lower gas fees.
Ethereum Mainnet (L1)
Optimism
Arbitrum
Learn how to obtain GTC on your preferred network.
Prerequisites
Before you start, make sure you have:
A Passport account.
A wallet with at least 5 GTC on Ethereum mainnet, Optimism, or Arbitrum
Learn how to buy and bridge GTC
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 run into any issues, please reach out to support.
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