Injective Votes On Major Upgrade To Make INJ Even More Deflationary: Will Pri...
Injective Protocol, a blockchain for decentralized finance (DeFi) and derivatives trading, is voting on a proposal to significantly reshape the platform’s tokenomics and introduce a new era dubbed Injective 3.0. According to Injective, through a post on April 19, the proposal is now open for voting via the Injective Hub. For the next four days, stakers and validators are free to participate. Community Voting On Injective 3.0 Over the months since launching in 2023, Injective caught the crypto community’s attention. The team aims to launch a platform for users to launch....
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Injective Protocol, a blockchain platform dedicated to decentralized finance (DeFi) and derivatives trading, is currently at the center of attention. The platform’s proposed upgrade, Injective 3.0, aims to revolutionize its tokenomics by introducing deflationary measures for INJ. Related Reading: All Quiet On The Bitcoin ETF Front – Should You Be Paranoid? This upgrade seeks to address the issue of token inflation, a common challenge faced by many DeFi tokens, by implementing mechanisms to control the creation of new tokens and incentivizing users to stake their existing INJ....
Injective Protocol has announced that it will expand its partnership with Band Protocol. As such, it will operate a validator node for BandChain. In exchange, Band Protocol will begin participating in Equinox Staking, according to an official post. This is part of Injective Protocol’s testnet preparations for its upcoming mainnet deployment. Injective is a second […]
Uniswap’s native token, UNI, has been struggling in terms of its price action over the past few weeks. Although the general state of the crypto market may be blamed for this gloomy price performance, other factors, such as the Wells Notice from the US Securities and Exchange Commission (SEC) to the Uniswap protocol, have also played a role. However, the UNI price appears to be recovering well, as the token has jumped by more than 2% in the past day. A popular crypto pundit on X has predicted that a bullish rally might only just be beginning for the DeFi coin, but the question is –....
In recent weeks, Injective (INJ), Beam (BEAM), and Mpeppe (MPEPE) have made significant upward moves in the cryptocurrency market, capturing the attention of investors seeking high-potential altcoins. Each of these cryptocurrencies offers unique value propositions, and as they continue to rise, many are wondering which will generate the most profits. Let’s take a closer look […]
The latest upgrade on Ethereum brought many changes to the crypto network. First, the Merge will improve efficiency and make the web more scalable. Also, ETH supply is expected to be lower in the proof of stake, making it a deflationary asset. Usually, the miner’s reward on PoW is far higher than the stakes reward […]