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Prepare your Wallet

GigaStar
Updated

NOTE: This article is only applicable to existing investors who have received revenue distributions prior to November 1st, 2023, AND have a connected wallet in the GigaStar Portfolio. If you started receiving distributions after this date, or if you've never connected a wallet, no action is required!

 

What Do I Do, If Anything?

Depending on the type of wallet you have connected, you may have to take action to accommodate the display of both USDC.e (old distributions), and USDC (upcoming distributions). 

Wallets like MetaMask require you to manually import some tokens before they are visible, so you'll need to follow the steps outlined below. Other wallets automatically import tokens, so you may not have to do anything.

 

So....

  • Did USDC (legacy, not new) automatically show up in your wallet after your first distribution was made?
    • If the answer is yes check your wallet and make sure that those funds now show up as USDC.e, instead of USDC. If they do, there is no further action required from you.
    • On the next potential distribution, which will be in USDC, the new token should also be automatically added and you should have a balance under USDC.e from previous distributions, and under USDC for the new distributions.
    • Go to here to read about swapping your USDC.e to USDC.
  • Did you have to add the USDC (legacy, not new) token manually to get it to show up in your wallet? Do your prior distributions not show up even though you have a wallet connected in the Portfolio? If yes, keep on reading.   

USDC Contract Information

Before getting into wallet instructions, here is a summary of the USDC contract information for reference. You will need this information handy:

Bridged USDC from Ethereum

Token Symbol: USDC.e
Token Address: 0x2791bca1f2de4661ed88a30c99a7a9449aa84174
Description: The old USDC standard on Polygon before October 2023.
Uniswap refers to this as “USD Coin (PoS) USDC”.

 

Native USDC issued by Circle

Token Symbol: USDC
Token Address: 0x3c499c542cef5e3811e1192ce70d8cc03d5c3359
Description: The new USDC standard on Polygon after October 2023.
Uniswap refers to this as “USD Coin USDC”.

 

Wallet Changes

At a high level, the changes that need to be made are as follows:

  • Remove the existing token currently called USDC from your wallet;
  • Re-add the token back using the new name (USDC.e);
  • Add a new token called USDC to properly see your next distribution.

The instructions below will be specifically for MetaMask, but should be similar for any other wallets which require manual importing of tokens. If you have any issues following the instructions please click on the "Submit a Request" link on the top right and we can help! We will keep updating this article as new information on various wallets comes in.

 

MetaMask

  1. Open your wallet, select the “Polygon Mainnet” Network, and click the “Tokens” tab. If you have previously added the USDC contract you will see it in your list of tokens as shown here:


    If you do not see a USDC token in the list, skip to Step 3.

  2. Remove the existing USDC token to avoid any uncertainty about which version it is.
    1. Click the USDC token and then on the following screen, click the hamburger (3 vertical dots) at the top and then choose “Hide USDC” from the menu.



    2. Click on "Hide" to remove it.

  3. Copy the Token address from the previous section for the USDC.e token (0x2791bca1f2de4661ed88a30c99a7a9449aa84174).

  4. Add the legacy USDC.e token back to the wallet.

    1. Go back in your MetaMask wallet and in the "Tokens" tab,  click on "Import Tokens" on the bottom.
    2. Paste the Token contract address from Step 3 into the first field, click on "Edit" in the "Token Symbol" field, and change it from "USDC" to "USDC.e"



    3. Click on "Next", followed by "Import".

    4. Click on the left arrow to take you back to the main wallet screen. You should now see your previous balance like before, but with the updated "USDC.e" name.

    5. That's it for "USDC.e". Moving on...
  5. Copy the Token address from the previous section for the USDC token (0x3c499c542cef5e3811e1192ce70d8cc03d5c3359).

  6. Add the new USDC token to the wallet.
    1. The instructions are the same as in step 4, but we use "0x3c499c542cef5e3811e1192ce70d8cc03d5c3359" as the contract address, and USDC as the name.

    2. Hit "Next", followed by "Import.

    3. Hit the back arrow to take you back to the main wallet screen. You should now see the new USDC token, along with the legacy USDC.e token.

  7. Done!

 

 

 

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