IoTeX Activates Zanzibar Upgrade to Move Staking Rewards On-Chain

Key Facts

1IoTeX has activated the Zanzibar upgrade, moving staking rewards to be processed directly on-chain.

2The first payout under the IIP-59 proposal is scheduled for October 20.

IoTeX has activated the Zanzibar upgrade, moving staking rewards to be processed directly on-chain. TokenPost reported that the upgrade implements the IIP-59 proposal, which automates reward calculations and distributions within the protocol without relying on off-chain services or intermediaries.

The Zanzibar hard fork also introduces BLS proof-of-possession checks to enhance network security and prepare for future signature aggregation. The first payout under this automated system is scheduled for October 20, 2026, marking a fundamental shift in the protocol's ecosystem rewards.