Immutable (IMX) zkEVM Introduces IMX Staking with New Rewards Mannequin

Immutable (IMX) is ready to boost its ecosystem by introducing IMX staking on the Immutable zkEVM platform, starting June 19, 2025. This transfer permits IMX token holders to stake straight on zkEVM, aligning with a shift within the rewarding construction that goals to acknowledge lively engagement inside the Immutable ecosystem, in keeping with immutable.com.

Transition from Immutable X

Immutable has been distributing staking rewards on the Immutable X platform, with a complete of 4.8 million IMX tokens allotted to the group, averaging 67,605 IMX weekly. Nevertheless, with the transition in direction of the zkEVM platform, staking on Immutable X will stop on June 19, 2025. All funds shall be mechanically unstaked and returned to customers’ wallets, marking the tip of the 73rd epoch.

To proceed incomes rewards, customers should transition their staked IMX to the zkEVM platform. They will both bridge their funds instantly or look forward to an computerized transition post-merge of the Immutable X and zkEVM chains. Nevertheless, handbook staking on zkEVM is critical for reward eligibility.

Staking and Rewards on Immutable zkEVM

The brand new staking mechanism on Immutable zkEVM entails a fortnightly rewards cycle. Members must commerce at the least one NFT on a market built-in with the Immutable zkEVM orderbook and should have staked IMX in the course of the cycle. The rewards, derived from 20% of protocol charges, are calculated based mostly on the quantity and period of staked IMX tokens.

Immutable zkEVM additionally introduces help for Passport wallets and different main pockets varieties, together with {hardware} and EOA wallets like Metamask. WalletConnect help shall be added sooner or later.

Migrating IMX to zkEVM

To facilitate the transition, IMX holders can use a bridge to maneuver their funds to zkEVM. The advisable technique entails utilizing Layerswap to bridge straight from Immutable X. Alternatively, customers can bridge IMX to Ethereum earlier than transferring to zkEVM. After bridging, customers must stake their IMX on the zkEVM staking web page, which fits dwell on June 19, 2025.

In Abstract

The launch of IMX staking on Immutable zkEVM marks a big growth for the Immutable ecosystem, providing new alternatives for token holders to earn rewards. Present stakers on Immutable X are inspired to transition to zkEVM to keep up their reward eligibility.

FAQs

What occurs to my staked funds on Immutable X? On June 19, staked IMX shall be mechanically unstaked and returned to your pockets.

What wallets are supported for staking? Immutable zkEVM helps Passport and main EOA and {hardware} wallets. WalletConnect help will comply with.

Is there a minimal staking quantity? Whereas there isn’t any particular minimal, small quantities might lead to negligible rewards as a consequence of fuel prices.

Can I unstake earlier than the cycle ends? Sure, however rewards are just for the staked interval, and an NFT commerce is critical for eligibility.

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