• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

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

June 11, 2025
in Blockchain
Reading Time: 2min read
0 0
A A
0
Immutable’s zkEVM Marches Towards Mainnet with a Series of Milestones
0
SHARES
18
VIEWS
ShareShareShareShareShare


Ted Hisokawa
Jun 11, 2025 22:47

Immutable (IMX) is launching IMX staking on its zkEVM platform, offering fortnightly rewards for active participants. Learn about the transition from Immutable X and how to stake effectively.





Immutable (IMX) is set to enhance its ecosystem by introducing IMX staking on the Immutable zkEVM platform, beginning June 19, 2025. This move allows IMX token holders to stake directly on zkEVM, aligning with a shift in the rewarding structure that aims to recognize active engagement within the Immutable ecosystem, according to immutable.com.

Transition from Immutable X

Immutable has been distributing staking rewards on the Immutable X platform, with a total of 4.8 million IMX tokens allocated to the community, averaging 67,605 IMX weekly. However, with the transition towards the zkEVM platform, staking on Immutable X will cease on June 19, 2025. All funds will be automatically unstaked and returned to users’ wallets, marking the end of the 73rd epoch.

To continue earning rewards, users must transition their staked IMX to the zkEVM platform. They can either bridge their funds immediately or wait for an automatic transition post-merge of the Immutable X and zkEVM chains. However, manual staking on zkEVM is necessary for reward eligibility.

Staking and Rewards on Immutable zkEVM

The new staking mechanism on Immutable zkEVM involves a fortnightly rewards cycle. Participants need to trade at least one NFT on a marketplace integrated with the Immutable zkEVM orderbook and must have staked IMX during the cycle. The rewards, derived from 20% of protocol fees, are calculated based on the amount and duration of staked IMX tokens.

Immutable zkEVM also introduces support for Passport wallets and other major wallet types, including hardware and EOA wallets like Metamask. WalletConnect support will be added in the future.

Migrating IMX to zkEVM

To facilitate the transition, IMX holders can use a bridge to move their funds to zkEVM. The recommended method involves using Layerswap to bridge directly from Immutable X. Alternatively, users can bridge IMX to Ethereum before transferring to zkEVM. After bridging, users need to stake their IMX on the zkEVM staking page, which goes live on June 19, 2025.

In Summary

The launch of IMX staking on Immutable zkEVM marks a significant development for the Immutable ecosystem, offering new opportunities for token holders to earn rewards. Existing stakers on Immutable X are encouraged to transition to zkEVM to maintain their reward eligibility.

FAQs

What happens to my staked funds on Immutable X? On June 19, staked IMX will be automatically unstaked and returned to your wallet.

What wallets are supported for staking? Immutable zkEVM supports Passport and major EOA and hardware wallets. WalletConnect support will follow.

Is there a minimum staking amount? While there’s no specific minimum, small amounts may result in negligible rewards due to gas costs.

Can I unstake before the cycle ends? Yes, but rewards are only for the staked period, and an NFT trade is necessary for eligibility.

Image source: Shutterstock


Credit: Source link

ShareTweetSendPinShare
Previous Post

Connecticut Bans State and Local Governments From Investing in Crypto Assets

Next Post

XRP Price Forms Flag Pattern Above Accumulation Zone That Points To $5 Target

Next Post
XRP Price Forms Flag Pattern Above Accumulation Zone That Points To $5 Target

XRP Price Forms Flag Pattern Above Accumulation Zone That Points To $5 Target

You might also like

XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

XRP Bull Flag Breakout After 8-Month Consolidation To Send Price To $11

March 7, 2026
Uniswap (UNI) Price Rallies 6.53% – Is Now the Time to Buy? Comprehensive Analysis & Trading Insights

PEPE Price Prediction: Technical Recovery Expected as RSI Shows Oversold Conditions

March 12, 2026
Jito Foundation Acquires SolanaFloor, Plans Relaunch After Security Shutdown

Jito Foundation Acquires SolanaFloor, Plans Relaunch After Security Shutdown

March 11, 2026
Aave Labs Outlines Layered Security Plan for V4 After $1.5 Million Audit

Aave Labs Outlines Layered Security Plan for V4 After $1.5 Million Audit

March 6, 2026
Binance Pay Now Supports Injective (INJ) for Global Transactions

INJ Burns 178K Tokens as Community BuyBack Delivers 24% Average Returns

March 10, 2026
Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

ElevenLabs Launches Multilingual AI Voice Model Amid $11B Valuation Push

March 6, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Hyperliquid (HYPE) Under The Lens: These 3 Metrics Point To Severe Undervaluation

Hyperliquid (HYPE) Under The Lens: These 3 Metrics Point To Severe Undervaluation

March 12, 2026

Bitcoin Price Prediction: Elon Musk’s X Money Could Beat Bitcoin, Claims Famous Analyst

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.