New | Stake LOOM, now on imToken

Stake LOOM, and help to secure the Loom Network PlasmaChain while earning money. 🧟💰

What’s looming on the horizon? Oh~~ it’s Loom’s new Staking DApp in imToken!

We are happy to announce our support of LOOM, bringing you the ability to delegate your LOOM tokens to one of the validation services, and earn income on your tokens in return.

PlasmaChain is a high-performance DPoS sidechain that acts as a bridge between multiple chains and Ethereum. It supports EVM smart contracts, offers sub-second confirmation times and high-throughput, and Plasma Cash for securing on-chain assets.

How do I delegate my LOOM and start earning?

Simply start by:

1. Open imToken,
2. Click the PlasmaChain Dashboard
3. Deposit LOOM tokens onto PlasmaChain
4. Choose validators to stake with

That’s it! You are now a PlasmaChain delegator.

Note: You retain full ownership of your tokens while staking, and validators cannot move your tokens under any circumstances. Your tokens remain secure in a smart contract that allows you to specify who you want to stake.

For further reading on validators, staking, lock-up periods, and other details, check out the PlasmaChain Delegators FAQ section.

About Loom Network

Loom Network is a platform for building highly scalable DPoS sidechains to Ethereum, with a focus on large-scale games and social apps.

Want more info? Start here.

Want to stake your LOOM tokens and help secure PlasmaChain? Find out how.

Fan of blockchain gaming? Check out Zombie Battleground, the world’s first desktop and mobile card game that runs fully on its own blockchain.

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About imToken

imToken is the world’s largest Ethereum digital asset wallet, whose users produce ~10% of all Ethereum transactions. imToken provides access to Ethereum、BTC、EOS、Cosmos.

Our amazing new imToken 2.0 International introduces features, such as:

• Send BTC Segwit, ETH, COSMOS, EOS transactions with Face-ID and fingerprint to friends via the address book (decentrally synchronized over IPFS)
• Earn by staking on COSMOS and LOOM or earning interest on Compound
• One-Click trade on the native Decentralized Exchange: Tokenlon
• Store your tokens securely on your old mobile phone using the secure Cold Wallet setup or get imKey
• Check out DApps in the open DApp browser

… or directly on www.token.im