Community Stake

Community Stake is way to move your community onchain, by acquiring a namespace for your members and launching a stake smart contract for your community. The community founder needs to activate Community Stake for your community, which can be done during the Community Creation process if it's available on the network.

Each community stake contract enables users to directly buy or sell their stake through the smart contract. The price is determined by a bonding curve, where it increases as the supply of stake from a particular community increases.

For more information on Community Stake visit the 🥩 Community Stake page here.

Empower your members to be true owners

You can enable Community Stake during the Create Community Process. To enable Community Stake, your community must be on a network where it is available. Community Stake is only available on the Base chain at launch.

Once you select your network, i.e. Base, provide a name and generate a community image, you will be asked to choose a name for your Namespace, and a symbol for your Community Stake. A namespace is an address that represents your community on-chain.

The final step of enabling Community Stake is to sign two transactions to reserve your community’s namespace onchain, and then deploy the smart contract for community stake on your intended network.

1. You must sign a transaction with your connected wallet to reserve your namespace.

2. You must sign a transaction to launch community stake onchain.

Please note, this process is irreversible once complete.

Sign both transactions to launch Community Stake

Now that you have enabled Community Stake, members can buy it directly on your community page.