How To Donate to Commons Stack - Iteration 0

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The Commons Stack is hoping to raise 140,000-250,000 DAI to cover the costs of setting up the Commons Stack Association and launching the fundraise for Iteration 1 (as of March 19th, we have raised 133,054 Dai).

Any approved Commons Stack Member that donates to Iteration 0 will receive 3 CSTK tokens for every Dai they donate thereby becoming part of the Trusted Seed. Fill out our membership application, if you haven’t already.

We are dedicated to transparency so we will use the Giveth DApp to track our use of the donations for Iteration 0. So you can donate directly to this campaign and see exactly where your Dai goes.

This is a relatively simple process, first we invite you to send Dai to the Giveth Campaign, then we also ask that you make a profile on Giveth.

To donate to the Commons Stack Iteration 0 Campaign:

  1. Fill out our membership application, if you haven’t already: commonsstack.org/apply

  2. Get the Dai you want to contribute: if it’s over 5000 Dai we recommend centralized exchanges like Coinbase and HitBTC or DEXs like https://1inch.exchange/, kyberswap.com and if under 5000 DAI we recommend uniswap.exchange. You can also use Uniswap for multiple sub 5000 DAI exchanges, just wait 2 minutes after each exchange.

  3. With your web3 browser set to Ethereum Mainnet with the key that has your Dai selected, navigate to https://beta.giveth.io/campaigns/5d110631994eac53adc8f21e

  4. Click the Green “Donate” button to get a donation pop up window, and make it look like the picture below (but with the amount you want to contribute) and then click Donate!

  5. Another pop up will come up, click “Let’s Do It” and then you will have to confirm 2 txs, one tx to unlock (approve) the Dai and one tx to execute the withdraw (it will say it is a 0 ETH tx)…. 1. If you are using a normal browser with metamask, sometimes the pop up doesn’t pop… click that cute little fox with a 1 next to its face to get it to show 2. PLEASE BE PATIENT… the ethereum network can be slow… leave the browser window up and on this tab, walk away from your computer if you have to.

How to make a profile on Giveth

Assuming you have Metamask…

  1. Change your network to Rinkeby - In Metamask its the drop down at the top:

  2. You may get a pop up that says “Insufficient Balance”. Be patient, the Giveth DApp will send you the Rinkeby ETH you need. If you wait a few minutes & refresh the page, it will work.

  3. Put in your name, and optionally your email and a profile picture.

  4. Click “Save profile” and confirm the tx.