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Block Reward Distribution Announcement

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Dear user, thank you for your support and trust in imToken.

The non-custodial ETH staking service has now initiated block reward distribution and service fee settlement. Please review the following key details:

1. What Are Block Rewards?

Validators in imToken's non-custodial ETH staking service receive two types of rewards:

  • Staking rewards: Automatically distributed to your designated withdrawal address at regular intervals.
  • Block rewards: Collected into a shared pool and proportionally distributed across all imToken validators. Learn more

2. Block Reward Distribution Mechanism

Block rewards are first aggregated into a reward pool, then proportionally distributed among all validators active at the same time. For details, refer to Block Reward Distribution for Non-Custodial ETH Staking.

3. Settlement Period for This Round

This distribution covers block rewards accumulated between September 15, 2022 – February 28, 2025

4. Service Fee Settlement Details

As defined in How Are Fees Charged for the Non-Custodial ETH Staking Service:

  • If a validator has operated for more than one year and continues running, a service fee will be deducted from future block rewards.

This round of block reward distribution includes service fee settlement. Fees are calculated daily based on validator runtime and deducted directly from the block rewards.

5. Service Fee Rules

Service fees vary based on when the validator started staking:

Validators staked before Sep 15, 2021

  • The staking start date – Sep 15, 2022: Already collected at validator creation
  • Sep 16, 2022 – Apr 30, 2023: 0.0004 ETH/day
  • May 1, 2023 – now: 0.2 ETH/year

Validators staked between Sep 16, 2021 – Apr 30, 2022

  • First 365 days from staking start date: Already collected at validator creation
  • Day 366 – Apr 30, 2023: 0.0004 ETH/day
  • May 1, 2023 – now: 0.2 ETH/year

Validators staked after May 1, 2022

  • First 365 days from staking start date:: Already collected at validator creation
  • After 365 days: 0.2 ETH/year

6. Block Reward Distribution

  • Merged Distribution: Rewards for all validators sharing the same withdrawal address are combined into a single transfer.
  • Calculation method:
    1. Block rewards are calculated
    2. Service fees are determined based on the validator’s staking duration
    3. Final reward = Block reward – Service fee
  • View details: Check the transaction memo for details of your rewards

Need help?
If you don’t see your block reward or have questions about the amount, please contact us via Support & Feedback in imToken.

imToken Team
2025.04.15 SGT