TGT Staking V2 Guide
In this article, we present a comprehensive, step-by-step guide to bridge and stake TGT on Arbitrum.
If you are currently staking TGT on Ethereum, you must first unstake it.
To stake TGT on Arbitrum follow the instructions provided below.
Step 1:
Navigate to Earn->Staking->Select TGT (Arbitrum One)
If you already have TGT staked on Ethereum, it will display the below message, unstake the TGT by following it.
NOTE: if you don’t have TGT any staked on Ethereum, skip Step 1.
After broadcasting the transaction, you will receive the staked TGT and also your staking rewards.
Step 2:
Navigate to Earn->Staking->Select TGT (Arbitrum One) and Select Bridge TGT.
On the Bridge TGT Page, follow the given Instructions.
- Before bridging get some ETH on Arbitrum we recommend getting a minimum of 6$, you can get some arb.eth within the app by swapping from other assets.
- Have 50–60$ worth of Native eth in your wallet to bridge TGT from Ethereum to Arbitrum.
In ideal conditions, it costs between 45–60$ to bridge.
After making sure, you fulfill the Below requirements, click on Bridge TGT in the page as shown below
Select the amount of TGT you want to bridge and then click “Continue”
Here you need to approve two transactions.
- Spending approval for the Arbitrum bridge, which allows the bridge smart contract to access your TGT, in order to bridge this is a mandatory step.
- And the actual transaction, which interacts with the bridge and sends out TGT from your wallet as shown below. After the contract approval, you will be redirected to the preview page, where you need to approve the second transaction as shown below.
After the contract approval, you will be redirected to the preview page, where you need to approve the second transaction as shown below.
Click on “Bridge Now” and confirm the transaction. In a few minutes, you will receive TGT on Arbitrum.
Note: if you are facing the below error while trying to approve the second transaction, it might be because Infura RPC having issues with calculating the correct gas fees since ETH DECUN Upgrade.
If your wallet has >$150 ETH all seems to work. Otherwise, you might get the below error, in this case, just try again later or have a balance >150$ eth.
Step 3:
After Successfully receiving your TGT, now it is time to stake TGT on Arbitrum.
In here, you need to approve two transactions,
- Spending allowance for the staking contract, in order to allow the smart contract to get access to your TGT. (this is only for the first time)
- Actual transaction, In which you deposit the TGT into the smart contract.
Navigate to Earn->Staking->Select TGT (Arbitrum One)
Select the amount of TGT you wish to deposit and then click “Continue”.
In case your TGT.ARB dont show up in the wallet after briding,(need to wat a minimum of 20 minutes)
- check on arbiscan if they have arrived
- go to Settings > Chain Management and enable TGT.arb.
- Hard close and restart the app.
On the next page, approve the spending contract as shown above After the approval, you will be redirected to the below page, In which you will have to approve the second transaction, In this transaction, TGT token will leave your wallet and get deposited into the smart contract
Congratulations! Your TGT has now been successfully staked on Arbitrum.
You can view your Staking position by Navigating to Earn->Staking->Your Assets.
Note: Even after a few minutes (15–30 minutes) after bridging, if TGT is not showing up in your wallet, try adding the token contract manually. click on ‘Add token’ top left in the wallet page and then click on ‘+’ top right corner in that page, select Arbitrum, and paste the below contract address.
0x429fEd88f10285E61b12BDF00848315fbDfCC341
https://arbiscan.io/address/0x429fed88f10285e61b12bdf00848315fbdfcc341
Onwards!
Your THORWallet DEX team
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