You Can Now Stake Your LOOM Tokens Directly from Your imToken Wallet 💰 — (+ More Mobile Wallet Integrations on the Way!)

dilanka
Loom Network
Published in
2 min readApr 25, 2019

Update:

Recently — we rolled out support for mobile wallets along with Cobo Wallet being the first mobile wallet to be supported on our staking dashboard.

And just in case you weren’t aware…

As of this writing — over 159 million LOOM have been staked by the community, which represents over 20% of the circulating supply — and that’s JUST with desktop support.

Today, I am thrilled to welcome imToken as the second mobile wallet to be supported on our staking dashboard.

You can now delegate your LOOM tokens directly from your imToken wallet.

👉 From inside the imToken app:

  1. Choose Browser from the menu bar.
  2. Type https://wallet.loomx.io into the search field.
  3. Deposit LOOM tokens.

imToken is another well known mobile wallet in the industry — plus, it supports most major cryptocurrencies and allows you to have complete control over your private keys, which are stored in your device 🔐

…and since imToken now supports native LOOM staking…

You can now deposit and delegate LOOM tokens to your favorite validator directly from your imToken mobile app.

Which means… you’ll now be able to delegate your tokens on Basechain quicker than you could blink 😉

…imagine what will happen when we integrate with even more mobile wallets in the future!

So…

If you are curious about the benefits of staking your LOOM tokens — please take a look at the economics of staking first.

Then, my recommendation would be to learn how to stake your LOOM tokens.

And if you have any ideas on which mobile wallet we should integrate with next — let me know in the comments below! 😉

Loom Network is the multichain interop platform for scaling high-performance dapps — already live in production, audited, and battle-tested.

Deploy your dapp to Loom’s Basechain once and reach the widest possible user base across all major blockchains today.

New to Loom? Start here.

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

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dilanka
Loom Network

Autodidact, technopagan, and marketing spellbinder, harnessing the arcane arts to captivate, mesmerize, and mold the zeitgeist for the highest bidder 🔮