Rewards and emissions on the ICON Network have officially ended. The network has entered economic shutdown for migration to SODA.
ICON Network is migrating to SODAX. ICX emissions end March 26, 2026 with ICX holders migrating 1:1 to SODA. SODAX Stake launches March 16 & SODAX Pool launches March 24. Holders should stake by April 8 to maximize yield from protocol fees.
Balanced’s Savings Rate and liquidity will stop earning rewards in preparation for the ICON Network’s economic shutdown.
ICON Network is halting L1 emissions as migration to SODAX continues. Validators will reduce to 7 nodes as ICX emissions halt, preparing for staking and liquidity providing to go live on new SODAX infrastructure.