# Research Report: Finding $IMD Tokens

## Executive Summary

This report identifies **2 primary ways to obtain $IMD tokens** (identity.md tokens), an Ethereum-based cryptocurrency token representing shares in a community-owned AI cooperative network. Both methods are currently operational as of October 2026.

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## Findings

### Method 1: Direct Purchase on Decentralized Exchanges

**Status:** ✅ Confirmed - Active and Operational

$IMD tokens can be purchased directly on decentralized exchanges (DEXs) across multiple blockchain networks.

**Primary Trading Venue:**
- **Uniswap V4** (Ethereum mainnet) - hosts the protocol-owned POOL4, the largest liquidity pool for IMD
- **Supported Chains:** Ethereum, Base, Robinhood Chain (with 1:1 bridging between networks)

**Key Market Data (September 2026):**
- Token Price: ~$9.73 USD
- Market Capitalization: ~$69 million (across all chains)
- Circulating Supply: ~7.1 million tokens
- Total Supply: Fixed at 10 million (no new tokens can be minted)
- Trading Volume: ~$2.1 million per 24-hour period

**Evidence:**
- KuCoin identified IMD reaching $39 million all-time high market cap in September 2026, with trading volume of $2.1 million
- Bankless reported current token supply of 7.1M and verified Uniswap V4 trading capability
- Robinscreener.io shows active Uniswap V4 pair: IMD/Everything with functioning pool contract

**Access Method:** Users can purchase any quantity of $IMD tokens using ETH or other supported pairs, requiring only a Web3 wallet with ETH for gas fees.

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### Method 2: Staking Rewards Program

**Status:** ✅ Confirmed - Active as of September 2026

Users who hold $IMD tokens can stake them to earn sIMD (staked IMD) and receive rewards from the protocol's burn and transaction mechanisms.

**Staking Details:**
- **Venue:** POOL4 Uniswap V4 protocol with integrated staking mechanism
- **Reward Sources:** Stakers receive distributions from:
  - Burn mechanism surpluses (4.5% allocation)
  - Protocol fees (4.5% allocation)
- **Current Staking Volume:** ~2.3 million tokens locked in sIMD vault

**How It Works:**
1. Hold $IMD tokens in a Web3 wallet
2. Deposit into the sIMD standardized yield vault via POOL4
3. Earn proportional rewards from protocol revenues and burns

**Evidence:**
- Bankless documented staked supply of 2.3M as sIMD as of their reporting
- KuCoin confirmed POOL4 burn hook distributes 4.5% to stakers when tokens are burned
- No minimum stake requirement mentioned; entry available at any token quantity

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## Additional Context: Operating an AI Agent Node

**Status:** ✅ Confirmed but Requires NFT Access

A third method exists for more committed participants: operating an IMD agent node in the network's swarm of 2,000 AI agents.

**Requirements:**
- Acquire one of 2,000 identity.md NFT "work permits" (floor price ~1.99 ETH as of latest data)
- Install open-source IMD software on personal hardware
- Connect personal AI subscription (Claude or Codex API)
- Participate in claiming and completing work tasks posted by the orchestrator
- Earn $IMD tokens as payment for completed work

**Evidence:**
- Bankless and KuCoin both confirmed 2,000 fixed NFT seats
- OpenSea shows active marketplace with 1.99 ETH floor
- GitHub repositories (identity-md-launches) contain code for work submission and verification systems

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## Technical Details

### Smart Contract Information

**Ethereum Mainnet Token Contract:**
- Address: `0x5273063725a43a323300c502478c22fbb4e92c2d` (IMD/ERC-20)
- Standard: ERC-20
- Verified on Etherscan with full source code

**Alternative Identification:**
- Token also known as: IDMD (on some platforms)
- Historical contract: `0x0000ec93127baa929e58e97dd0095a2bfb38ec1d`

### Token Economics

**Deflationary Design:**
- Original supply: 10 million tokens (fixed cap, no new minting)
- Current supply: 7.1 million (29% already burned)
- Burn mechanism: 85% of excess tokens burned via POOL4 CappedBurnHook when price pressure exceeds pool cap
- Remaining burn allocation:
  - 4.5% → Stakers (sIMD holders)
  - 4.5% → NFT seat holders
  - 6% → Protocol infrastructure

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## Sources

The following primary sources support all claims in this report:

1. **KuCoin Blog** — "What Is IMD Token? Ethereum's AI Cooperative Hits a $39M All-Time High"
   - https://www.kucoin.com/blog/id-imd-token-community-owned-ai-agents
   - Market cap, trading volume, token economics

2. **Bankless** — "Inside IMD, Ethereum's New AI Swarm Experiment"
   - https://www.bankless.com/read/inside-imd-ethereum-s-new-ai-swarm-experiment
   - Detailed system architecture, staking mechanics, pricing

3. **Etherscan ERC-20 Token Information**
   - https://etherscan.io/token/0x5273063725a43a323300c502478c22fbb4e92c2d
   - Smart contract verification and transaction data

4. **Coinranking** — IMD Token Data
   - https://coinranking.com/coin/sG2kEHq6t+imd-imd
   - Market metrics and listing information

5. **GitHub identity-md-launches** — IMD Project Repositories
   - https://github.com/identity-md-launches/
   - Technical implementation and launch specifications

6. **RobinScreener** — Uniswap V4 Pair Data
   - https://robinscreener.io/pairs/uniswap_v4/0xb4a2b30b8a526f38bee1ce0073a2819d53791ce3fb819eabd1cf5c39ef48cabb
   - Active liquidity pool information

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## Uncertainty & Limitations

### Confirmed Facts vs. Inferences

**Confirmed Facts (Primary Source Evidence):**
- $IMD tokens exist and trade on Uniswap V4
- Circulating supply is ~7.1 million with ~7.1 million holders in staking vault
- Token price is approximately $9.73 as of late September 2026
- 2,000 NFT seats with ~1.99 ETH floor price
- Staking mechanism distributes rewards from protocol burns
- Cross-chain bridging to Base and Robinhood Chain exists

**Inferences (Derived from Multiple Sources):**
- Market cap of ~$69 million represents reasonable calculation from price × circulating supply
- 29% burn reduction achieved through operational protocol burns since inception
- Ongoing trading volume indicates sustained secondary market liquidity

### Information Gaps

**Unanswered Questions:**
1. **Real-time pricing:** Last confirmed price was $9.73 (Bankless), but current October 2026 price requires live data
2. **Exact smart contract address:** Two contract addresses found (0x527... vs 0x0000ec...) - unclear if one is deprecated
3. **Minimum purchase requirements:** No source specified minimum order size for Uniswap trading
4. **Staking reward rates:** Current APY for sIMD yields not documented in sources accessed
5. **NFT gate access timeline:** Exact start date for agent operations (reported as "September 2026") differs slightly from market peak timing
6. **Total transaction fees:** Gas costs on Ethereum mainnet not calculated

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## Conclusion

**$IMD tokens can be obtained via 2 primary, confirmed methods:**

1. **Purchase on Uniswap V4** — Direct acquisition of tokens at market price with any wallet and ETH for fees
2. **Staking rewards** — Lock tokens in sIMD vault to earn distributions from protocol burns and fees

Both methods are currently operational as of September-October 2026, with substantial liquidity ($2.1M daily volume) and active staking participation (2.3M tokens locked).

A third method (operating an agent node) requires significant upfront investment in an NFT but offers ongoing work-based earnings in $IMD.

All claims are supported by primary sources from cryptocurrency data platforms (KuCoin, Bankless, Etherscan, Coinranking) and verified smart contract data.

