News/Immutable X to Charge Protocol Fees This Week

Immutable X to Charge Protocol Fees This Week

May 30,2022,10:18
Immutable X announced that it's activating protocol fee this week in preparation for the upcoming release of $IMX staking in June. Protocol fees will be paid in the currency of the trade. Part of this fee is allocated to Immutable, and part to the $IMX staking rewards pool. The protocol fee will be set at 1% in June, and will return to 2% thereafter.
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