Giddy Staking Guide

Giddy Staking vs. Giddy-USDC LP Staking

Giddy makes you run faster, jump higher and shoot straighter (YMMV). It is the token by which the Giddyverse operates. If you have not tried staking Giddy, I suggest to you do that first to get familiar with the steps. There is even a great guide to help you do so.

Giddy is being distributed at a rate of 1,561,445.78 per day until April 7th, 2023. Staking pools have the following daily distributions:

Table Credit: CP#9451 in the Giddy Discord. Throw him some giddy, or love, or both.

What is Giddy Staking?

The advantage of staking Giddy is that you are holding the underlying asset (Giddy) and earning a yield. At any time, you can unstake and sell the exact number of Giddy you have. It has an 10x emission rate over staking wrapped coins (WETH/WMATIC/WBTC that are at a 1x emission rate of ~27k Giddy per day) as you are an active wallet hodler of the token that powers the whole ecosystem.

What is Giddy-USDC Liquidity Pool (LP) Staking?

In short, liquidity pools are complex mechanisms that helps provide trading stability and liquidity for a given market. For a much better in depth explanation, please see the 'Education Resources' here.

With the Giddy-USDC tokens you are buying a part of the liquidity pool. You put in USDC (dollar-pegged stablecoin) and Giddy to provide liquidity and in return you are rewarded with a higher rate of return (a 40x pool which may have a higher rate of return depending on amount in LP and # of LP stakers). The value of the Giddy-USDC LP token may rise, but will result in an additional payout of USDC rather than increased Giddy.

Why does this matter?

If the price of Giddy increases dramatically, then you will have missed out on potential gains. This is called "impermanent loss", and is the delta between the gains made from participating in the liquidity pool vs. holding the underlying token (in this case, Giddy). An impermanent loss calculator can be found here.

You will need to make a decision on what to stake based on your belief about what will happen with the price of Giddy.

Do you think Giddy will moon and hit $100 per token? Stake Giddy.

Do you think Giddy will be price stable for the immediate- and medium-term? Stake Giddy-USDC LP

Do you want to hedge and keep a ratio that is adjusted based on your personal risk preference? Perfect.

If you understand the risks and benefits of each different staking mechanism, giddy up and start staking!

Disclaimer and Notices

This is a blog that is intended to help, but is not financial or technical advice on how to allocate funds. There may be errors, and those will be updated as they are discovered. Use this at your own risk, and DYOR!

This may contain affiliate links. You are able to sign up for services and interact with the Giddy dApp without the use of them, but any affiliate link will be used to maximize self-enrichment to the fullest extent possible.

Prework - Compatible Wallets

In order to interact with the Giddy dApp, you will need a MetaMask, Coinbase or WalletConnect-compatible wallet.

Those can be found here:

MetaMask Users

If you are new to cryptocurrency or digital assets, it is critical that you understand that you need to have safe/secure copies of your seed phrase. Don't be like this guy.

Please use this guide to set up your MetaMask wallet on the Polygon (MATIC) network. This will enable you to connect with the Giddy dApp.

When you have successfully added the Polygon Network to your MetaMask wallet, you should see this:

If you have not set up your MetaMask wallet correctly, you will get this error on the Giddy dApp.

Once you have successfully connected to the Polygon Network, you will see this in the upper right corner of the Giddy dApp:

Coinbase Wallet Users


Coinbase Wallet transacts MATIC on the Ethereum Network. A deeper explanation can be found here. You are responsible for understanding the impact this has if you try to transact between different networks. If you are a first time user of crypto, please use MetaMask.

Other Wallets

Other wallets not specifically mentioned will have their unique requirements. Above all else, please ensure that the wallet you are using is connected to the Polygon Network, not the Ethereum Network. Failure to do so could result in lost funds.

Funding Your Wallet

Free lunches are great, but a truly free lunch doesn't exist. You will need to fund your wallet with MATIC to be able to transact on the Polygon Network.

Funding from Existing Crypto Wallets

You can use a wallet that already has cryptocurrency or tokens to swap for MATIC.

If you already have a wallet, please look into whether the MATIC is transacted on the Polygon Network. For example, Coinomi (like Coinbase) transacts MATIC on the Ethereum Network. YOU CANNOT ASSUME, RESEARCH!

In order to convert assets from another network to the Polygon Network, you will need to use a bridge. This one connects to your wallet and manages the process well.

Paper Wallets

You can "sweep" your assets from your paper wallet into a wallet like Exodus. Sweeping is where you provide your private key in Exodus, and it transfers all of your assets from a paper wallet into the Exodus wallet. From there, you can swap for MATIC on the Polygon Network, and send to your MetaMask.

Funding from an Exchange

There are several options from which to turn your fiat currency into digital currency. Not all exchanges have the option of transacting on the Polygon Network, and this is indicated in the options below:

You have seen the commercials literally everywhere. This is the recommended option for a simple fiat-to-crypto gateway, as gives you the option to buy/transact native to the Polygon Network. Use my referral link to get $25 in fiat fun coupons to get started!

NOTE: It will take ~24 hours to get up and running to add your payment info, funds to settle, and your MATIC address to get whitelisted. If using, please whitelist your MetaMask MATIC address immediately.


One of the most well known, Coinbase transacts MATIC on the Ethereum Network. This would require you to use a bridge to convert assets from one network to another, incurring high gas fees on both sides of the transactions. For this reason, it is not recommended that you use Coinbase.

MetaMask Wallet

You can buy MATIC via Transak directly from the MetaMask wallet via a 3rd party partner. There will be a required 'know your customer' (KYC) process that will include sharing a selfie and copy of a driver's license/ID card.

Note: Your credit card processor may block the Transak service. You may have more success with a debit card, or it may take a call to your credit card provider to get the transaction with Transak pre-approved.

Successful Funding of MetaMask

Once you have funded your MetaMask wallet, you should see a balance of MATIC.

Swapping MATIC for Giddy and USDC

Navigating the Giddy dApp

Once your wallet is set up and funded, you can head over to the Giddy dApp. Look in the top right corner to connect your wallet:

Select from the list the wallet you have set up:

Once you have connected, you should see a green status with the first/last digits of your address:

Calculating How Much USDC and Giddy is Required

You will need to know exactly how many USDC and Giddy that is required to stake in the LP. To do so, go to the Giddy dApp and click on the "Giddy-USDC" option from the list:

At the bottom of the dialog box that popped up, select "Get Giddy USDC Liquidity Pool":

You will be redirected to SushiSwap:

(You may be prompted to connect your wallet to SushiSwap if you haven't done so previously.)

At this point, you have decisions to make. The swap automatically calculates the ratio of USDC to Giddy that is needed in order to get LP tokens. You can change the numbers to fit the available amount of funds you have available.

If you want to know how many Giddy you will get for your LP stake, you can manipulate the numbers until you see a "Share of pool" value greater than 0.01%, go back to the Giddy-USDC LP staking screen, plug in the estimate "Share of pool" value, and see the amount that will be staked from your anticipated LP token amount. See the following example:

Based on your desired staking goals, complete the transaction in SushiSwap to get the amount of LP token needed.

Swapping for Giddy-USDC LP

In order to stake Giddy-USDC LP, you need to have some Giddy-USDC LP token in your wallet. You will need both USDC and Giddy in your wallet to get the Giddy-USDC LP token. Instructions on how swap MATIC for Giddy can be found here.

Once you have the USDC and Giddy you need, go to the Giddy dApp and click on the "Giddy-USDC" option from the list:

At the bottom of the dialog box that popped up, select "Get Giddy USDC Liquidity Pool":


When in SushiSwap, select the ratio of USDC to Giddy needed for the desired amount of LP token:

Click 'Add Liquidity'. That will be followed by a confirmation:

Your wallet will prompt you to confirm the transaction:

The transaction will be submitted:

When the transaction has been completed, you will see a confirmation:

Go to your wallet to confirm that the LP token is listed there:

Staking Giddy-USDC LP

Return to the Giddy USDC LP staking prompt, and enter the amount of Giddy-USDC LP token you would like to stake. If all, hit 'Max':

If the amount looks correct, click 'Approve':

Once you click 'Approve', it will confirm via your wallet:

Once confirmed via the wallet, you will click 'Stake' to complete the stake of the Giddy-USDC LP token:

The 'Stake' button will change status to 'Confirming':

You will be prompted to complete the transaction via wallet:

The staking dialog box will close, and you will see confirmation of your stake:

Harvesting Staked Giddy

You did a ton of hard work for your hard earned Giddy. Time to harvest!

In the Giddy dApp, click the 'Harvest All' button:

You will see the button change to indication the harvest has initiated:

You will receive a prompt in your wallet to pay for the network fees to complete the transaction:

Click 'Confirm', and you will be returned to the Giddy dApp dashboard:

Once completed, you will receive confirmation that the Giddy was harvested:

Check out your new balance, spend it on something nice, OR RE-STAKE IT!!! GIDDY UP!!!