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1.31% of IMX Tokens Will Be Unlocked on August 8th

Coindar

Jul 12, 2025 23:18:00

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Immutable X will unlock 24,520,000 IMX tokens on August 8th, constituting approximately 1.31% of the currently circulating supply.

IMX Info

Immutable X is the first layer two (L2) scaling solution for non-fungible tokens (NFTs) on Ethereum, with instant trading, massive scalability and zero gas fees for minting and trading, all without compromising user or asset security.

Immutable X utilizes Zero-Knowledge Rollups technology to process transactions off the main Ethereum network, increasing throughput and reducing gas costs. This technology enables the creation, trading, and transaction of NFTs on a much larger scale than is possible on Layer 1 Ethereum.

The IMX token is the native ERC20 utility token of the Immutable X protocol, which users can earn by conducting pro-network activities such as trading, and which can be used to pay fees, perform governance or stake on the protocol.

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