20% of the protocol fee on every transaction on the Immutable Protocol must be paid in $IMX. If one does not currently own $IMX, the fee will be converted into $IMX through purchases on the open market (preserving a seamless user experience)
The 20% of protocol fees paid in $IMX are reserved for rewards for active ecosystem participants. By staking your $IMX and engaging in pro-network activity you're eligible for staking rewards.
Use your $IMX to vote on the future of the ecosystem. Proposals will be published on Snapshot, and will relate to the future development and expansion of the protocol.
$IMX will be used as the core gas currency for Immutable zkEVM, becoming the native network token and closely aligning platform success to the $IMX holder.