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Injective Votes To Make INJ More Deflationary: Price Recovery Expected

Injective 3.0 aims to make INJ a deflationary asset and plans to make its inflation rate more responsive to staking, making the network more robust and secure. The token price of scarce assets tends to be higher, and over 5.9 million INJ have been withdrawn.

by John Darbie
Wed, Apr 24, 2024 3:43pm
in Investing
• 3 mins read
14.7k
Injective Votes To Make INJ More Deflationary: Price Recovery Expected | FinOracle

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Injective Protocol Proposes Bold Shift with Injective 3.0

The Injective Protocol, a groundbreaking blockchain tailored for decentralized finance (DeFi) and derivatives trading, has put forth a pivotal proposal that could dramatically transform its tokenomics and usher in the new Injective 3.0 era. This initiative, now open for community voting via the Injective Hub, allows stakers and validators to weigh in on the future of the platform over the next four days.

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