Can you stake an IMX?

Could you possibly elaborate on staking an IMX? I've been hearing a lot about this concept in the crypto world, but I'm still a bit hazy on the details. Is staking IMX similar to other crypto staking mechanisms? How does it work, and what are the potential benefits and risks involved? I'm particularly interested in understanding the process and the potential returns one might expect. Could you please explain it in a way that's accessible to a non-expert like me? Your insights would be greatly appreciated.