On November 23rd, we officially listed the Immutable X Token (IMX) on the ONUS application. Right now, users can perform the following features with IMX:
- Off-chain transactions: Send and receive IMX with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to IMX and vice versa.
About Immutable X
Immutable X is the first Layer 2 scaling solution to support NFT transactions on Ethereum. The project is built on top of StarkWare’s Zero-Knowledge Rollup (zk-rollup) technology that helps solve common transaction problems on Ethereum without compromising the security or asset custody of the user. With Layer 2, Immutable X gives users unlimited, fast transactions up to 9000+ per second with zero gas fees. As a result, the overall user experience is much better.
The Immutable X project was founded by CEO James Ferguson and Chairman Robbie Ferguson. They are young professionals with many years of experience in the technology industry and have both been named on the Forbes 30 Under 30 list.
What is IMX token?
IMX is an ERC-20 utility token for the Immutable X protocol intended to drive NFT adoption and assist creators, players, and developers in reimagining value in a digital ecosystem. It will be used for the following purposes:
- Staking to earn rewards
- Paying transaction fees
- Voting for proposals
- Name: Immutable X Token
- Symbol: IMX
- Platform: Ethereum
- Standard: ERC20
- Type: Utility, Governance Token
- Smart Contract Address: 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff