To stake ILOCK tokens for security reporting, please follow these steps:
1. Connect Your Wallet
Ensure your wallet is connected and configured to the Arbitrum network.
Verify that your wallet contains a sufficient ILOCK balance for staking.
Important: Staking is deducted directly from your wallet, not from your extension balance. If you wish to stake tokens from the extension, you must claim them first.
2. Access the Report URL Section
Open the extension and navigate to the Report URL section.
Here, you can:
Report a URL you believe is malicious but is not listed in our database.
Report a URL you believe is safe, even though it is flagged as malicious in our database.
Stake Your $ILOCK
Select the URL you want to report and initiate the staking process.
Enter the amount of ILOCK tokens you wish to stake:
Minimum: 2,000 ILOCK
Maximum: 20,000 ILOCK
Confirm the staking process in your connected wallet. A wallet pop-up will appear to review and approve the transaction.
4. Staking Duration and Review
The staking period is 7 days.
During this time, the reported URL will be reviewed by validators who thoroughly verify its status.
5. Outcome and Rewards
After the 7-day review period, you will receive one of the following outcomes:
Approved: If the validators confirm your report, you will receive +30% ILOCK on your staked amount.
Rejected: If the validators reject your report, you will incur a -15% ILOCK deduction from your staked amount.
6. Confirmation
A notification will inform you of the outcome and any changes to your $ILOCK balance.