CoinWorld reported on June 12 that Immutable stated on platform X: 'IMX staking will launch on Immutable zkEVM on June 19. As part of the merger between Immutable X and Immutable zkEVM, staking on Immutable X will end on June 19. Starting from June 19 at 00:00 UTC, IMX holders on Immutable zkEVM can stake and earn IMX rewards through active participation. Staking will occur every two weeks, and users must trade NFTs in the Immutable zkEVM marketplace to qualify for participation. The total IMX rewards consist of 20% drawn from the 2% protocol fee from each NFT transaction by Immutable, distributed based on the total amount and duration of staking. Additionally, the final staking period for Immutable X will also end on that day, at which point rewards will be distributed, and all staked IMX will be unstaked and returned to users' wallets. After that, users will no longer be able to stake on Immutable X.
