Owning Community Stake
Acquiring and utilizing your stake
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Acquiring and utilizing your stake
Last updated
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In a community where Community Stake is active, you have the option to buy and sell Community Stake. The price of stake is determined by the bonding curve implemented in the Community Stake smart contract. This price escalates with increased supply and decreases when supply is taken out of circulation.
Owning community stake gives you stronger Vote Weight, which means your upvotes in the community are stronger, allowing you to have a greater say in what content is ranked higher. If your community is gating content and engagement behind community stake, having at least 1 stake token in your wallet
When you are a member of a community where stake is available, you will see a modal on the right-hand sidebar with the option to buy and sell stake if you have connected your EVM wallet. If you have the deposit token (i.e. BASE) then you can purchase a stake with your wallet. If you want to sell your stake, you will receive the deposit token back. The price of stake for each community is determined by a smart contract bonding curve unique to that community.
To bridge to or from Base:
Visit
Connect your wallet
Choose the amount of ETH (or the asset of your choice that's available) you'd like to deposit or withdraw
Visit
Connect your wallet
Choose the amount of ETH (or the asset of your choice that's available) you'd like to deposit or withdraw
When you acquire stake tokens, you will be prompted to make it visible in your wallet if you are using Metamask. Community stake is an ERC1155 token, so it will be recognized by your wallet as an NFT. Each community stake token is named by the community founder that activated it.
You can find the smart contract address in your wallet transaction history.
Community Stake is unique per community, and each community has a unique namespace and stake token. Stake empowers your vote in one community will not provide voting power in another community.