Staking

A brief introduction to staking, why it matters for this project, and how to stake your $BOTTO tokens.

Staking $BOTTO in the Governance contract is also available on the Base network. Buy $BOTTO on Base, or bridge your existing tokens to Base.

A simple way to understand staking would be seeing this as a 'deposit'. You 'deposit' (stake) your newly acquired $BOTTO into the Botto app.

In return, you generate Voting Points (VP). You are able to spend VP on voting for your favorite art pieces, which subsequently lets you influence Botto's artistic direction!

Staking a minimum of 100 $BOTTO makes you eligible for earning rewards per each round you engage with. You can stake on either Base or Mainnet. If you would like to enjoy the lower transaction fees that Base provides, you can find a guide on bridging to Base here.

How to Stake

Staking is relatively straightforward and is done in three easy steps.

Head over to the Botto application

1. Head over to Botto App and hit the Connect button.

   
2. Select any of the crytpo wallet options to log in or register. If you do not have a crypto wallet, select Login with email or socials

   

Your wallet is now connected to Botto's application!

Start the Staking Process

• First, click on the profile picture to open the options menu in the Botto App.

  
• Press theStake button.

  
• You'll want to make sure you hold $BOTTO on either Ethereum or Base. If you don't, see Get $BOTTO Tokens (or use the option in the staking menu in the app).

  
• Once you hold $BOTTO, select Stake

  

Note: you will need to stake on the chain where you hold $BOTTO. If you hold on Mainnet instead of base, you can change the chain by clicking on the Ethereum logo underneath your profile.

• Enter the quantity you'd like to stake (hit Max if you're not sure).

• Then, hit the Approve button.

Note: If you are using social login wallet abstraction, there is no need for you to approve any transactions outside of the app. Just follow to the next step and click Stake.

• You'll need to hit Next and Approve on the notification box created by Metamask (or any crypto wallet extension you are using):

Please note a transaction fee may be incurred, which is why you needed to make sure you didn't exchange all of your ETH for $BOTTO in the previous step. If you want to benefit from lower transaction fees, interact with Botto using the Base network.

• Once confirmed, you'll be brought to another screen, asking you to confirm your stake. Click the Stake button, and then hit Confirm on the MetaMask notification that pops up.

Note: If you are using social login, you will see the below screen directly after clicking Stake. Otherwise, jump to the next step.

That's it! You've staked your tokens. You'll now be able to participate in voting and earn rewards from it if you staked at least 100 $BOTTO.