# The first phase 

**Published by:** [hohuhu](https://paragraph.com/@creatordaocc/)
**Published on:** 2022-06-30
**URL:** https://paragraph.com/@creatordaocc/the-first-phase

## Content

xcited to announce staking! The first cycle will start at *1 July 2022 0:00 UTC*. Move your IMX tokens to your Immutable X layer 2 wallet before then. Recent events like Celsius highlight the priority for self-custodial staking. Your assets should always be yours.

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