IMX Staking Comes to Immutable zkEVM - Here’s What You Need to Know | Immutable Blog

IMX Staking Comes to Immutable zkEVM - Here’s What You Need to Know | Immutable Blog

In a bid to anchor its fast-growing Web3 gaming network, Immutable on Monday switched on staking for its IMX token inside the newly launched Immutable zkEVM chain. The move, long anticipated by crypto-centric game studios, lets everyday token holders lock up IMX and, in return, help validate transactions and steer on-chain governance. It is the most concrete effort yet to convert IMX from a volatile trading chip into the connective tissue that secures – and increasingly defines - the Immutable ecosystem.

By marrying staking rewards to network security, Immutable hopes to create a virtuous loop: higher staking participation bolsters transaction finality, steadier finality attracts more game publishers, and the resulting activity funnels fees back to stakers. In practical terms, it is the economic flywheel GameFi developers have been waiting for - part yield mechanism, part loyalty program, all designed to keep players and studios inside the same walled garden.

Read the whole article at: immutable.com