$IMX Staking! Everything you NEED to know, and how much you can make!

in Gods On Chain2 years ago

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Staking is HERE!

I'm pretty stoked that staking is finally here. But breaking down the numbers is kinda depressing. Seems like the hidden bonuses could make it worthwhile to at least be staking some of your $IMX.

What do you guys think? Is it worth staking?? Will the token crash because the rewards are so low??

Let me know what you think in the comments below! 👇👇👇

~Copper


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About damn time, lol.

Thanks for the vid! I didn't realize there was an activity requirement, which honestly, is kind of a bummer. Not the end of the world, but one more thing to remember.

Also, I like your comments at the end. I've been holding/staking the Kucoin exchange token (KCS) for years. It works the same way: you get a cut of the exchange fees. It's a great model and is definitely sustainable. Of course, KCS is truly passive. Hopefully, IMX reconsiders. Needing to spend $.001 each month isn't accomplishing anything (IMO).

I hope I'll get some pleasant amount of IMX as a trading reward - I already did around 300 trades in June. Then, I'll stake it. Good to see IMX grows and evolves so fast.

Actually not surprised they just did not go with the normal staking route. I am however disappointed since I am still without PC I was excited for just standard crypto staking.


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