It's finally here.
Staking Rewards is live! While staking on Immutable X isn’t new, we’ve enhanced the experience with a dedicated Staking Rewards product. This mechanism empowers IMX token holders to share in the success of the Immutable X protocol. The IMX token is issued by Digital Worlds NFTS Ltd ("the Foundation"), which collaborates with Immutable to deliver Staking Rewards.
Staking Rewards Highlights
- Self-Custodial Control: Your IMX tokens remain in your wallet—you retain full ownership.
- Variable Rewards: Earn based on the percentage of stakeable supply staked (minimum 5% annual rate at 30% staked).
- Transparent Dashboard: Track your staking activity effortlessly.
How Staking Rewards Works
Eligibility Requirements
- Stake IMX via the Staking Dashboard.
- Trade at least one NFT on Immutable X during the staking cycle.
Reward Distribution
- Immutable X charges a 2% protocol fee on trades; 20% of this fee fuels Staking Rewards.
- Fees are swapped for IMX tokens and distributed proportionally to qualified stakers.
Step-by-Step Process
- Connect Your Wallet: Visit the Staking Rewards page and link your wallet.
- Deposit Funds: Transfer IMX to Layer 2 for staking.
- Stake Tokens: Lock your IMX into the staking pool.
- Trade: Execute at least one trade per cycle.
- Claim Rewards: Tokens are auto-deposited post-cycle.
- Unstake: Withdraw tokens at cycle end.
Calculating Staking Rewards
Rewards depend on:
- Amount staked.
- Duration staked (time-weighted average).
Formula:
Rewards = (IMX staked × average time staked) / Total IMX staked per cycle 👉 Maximize your staking rewards with strategic timing.
Stakeable Supply & Annual Rates
- Stakeable Supply (August 2022): 327,663,668 IMX.
- Promotional Rate: Minimum 5% annualized rewards (scales with staked supply).
Why Staking Rewards?
Staking fuels Immutable X’s growth by:
- Driving Activity: Protocol usage generates rewards.
- Boosting IMX Utility: Higher utility attracts more games/traders.
- Creating a Feedback Loop: More volume → More rewards → More adoption.
FAQs
How are rewards funded?
20% of Immutable X’s 2% protocol fee is converted to IMX and distributed to stakers. Qualification requires active staking and trading.
Delayed Reward Visibility?
Payouts may take up to 48 hours post-cycle due to Ethereum rollup processing.
Low Rewards?
Fluctuations reflect protocol trade volume. Displayed rates assume compounded restaking.
Disclaimer
This guide is informational only. Crypto asset trading involves risks; review third-party terms before engagement.
👉 Explore advanced staking strategies to optimize your IMX holdings.
---
**Keywords**: IMX staking, Immutable X rewards, cryptocurrency staking, IMX token, blockchain rewards, NFT trading, crypto incentives.
**SEO Notes**:
- Natural keyword integration (e.g., "Immutable X protocol," "staking dashboard").