I staked $IMX for the first time!
Hi HODLers and Hiveans,
Despite speaking a lot about ImmutableX and its different projects (such as Gods Unchained), this is the first time I am staking $IMX tokens on their Layer2.
We are now at the Cycke 15, these cycles last for 15 days. To be elegible, the only thing you have to do is trade an NFT on ImmutableX Layer2.
As it is a feeless Layer 2, you can find some for a few $cents.
The APY is not incredible as the platform still needs more volumes and attract more games to make a lot of fees. Curently it offers 3.85% APR which is in line with ETH, HIVE or other crypto that you can stake.
Anyone else contemplating staking some $IMX tokens?
Stay safe out there,
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