IMDLAB
imd

Lab readyBlock —

Your IMD stays.
Earn IMDLAB.

Deposit IMD into the desk. It sits in the identity.md vault and keeps the 4.5% burn stream. While it is there, you earn IMDLAB. No lock. Leave on any block.

How IMDLAB works
IMD in the desk
—
IMDLAB / day
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Move closer to open the stack

Token model

How IMDLAB works

IMDLAB is the desk reward token. It is not a wrap of IMD and it does not replace the vault yield. You earn it only while your IMD sits in the desk.

Flow

  1. Deposit IMD. The desk pulls your IMD and deposits it into the identity.md sIMD vault on your behalf.
  2. Vault keeps working. Your position still receives the 4.5% burn stream through the vault share price. That yield never becomes IMDLAB.
  3. Desk emits IMDLAB. Emission runs per second and is split by share of desk deposits. Larger position, larger share of the stream.
  4. Claim anytime. Pending IMDLAB is minted to your wallet when you claim. Unstake when you want — no lock.

Hard rules

What it is
Desk reward ERC-20
Who can mint
Only the desk
Hard cap
1,000,000,000
Split method
Share-weighted
IMD conversion
Never — separate token
Later use
Vote weight on ballots

Direct vault depositors get the burn stream only. IMDLAB is minted solely to desk depositors.