Injective Token Economics Upgrade Proposal INJ 3.0 Opens for Voting
According to Foresight News, the Injective token economics upgrade proposal, INJ 3.0, has opened for voting.
The proposal aims to reduce the issuance of new INJ by decreasing on-chain parameters, making it a more deflationary cryptocurrency than before.
The plan is to gradually decrease the INJ inflation rate over two years and increase the responsiveness to staking activities, making INJ a more inflation-resistant cryptocurrency.
Rising US Government Debt Fuels Surge in Bitcoin and Gold Prices:
The surge in Bitcoin and gold prices is partly due to concerns over the rapid increase in US government debt, which is expected to reach $2.6 trillion by 2034.
The US budget deficit for 2023 has expanded to $1.7 trillion, and public debt is projected to reach 106% of GDP by 2028.
This deteriorating trend has driven demand for Bitcoin and gold, which are often used as tools to hedge against inflation and the decline in the purchasing power of the dollar.
Interest in Bitcoin and gold also stems from intensified inflation turbulence, and the upcoming halving event.
However, the rapid deterioration of the US fiscal situation remains a major concern for some investors.
Today binance lunched OMNI coin this coin in the first second of its lunch jumped to 55.50 usdt.
and now price is swinging .
be aware you could lose all your money in a split second .
What's OMNI :
Omni Network (Omni) is a layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single, unified system.
Using Omni, developers can build natively global applications that access all of Ethereum’s liquidity and users by default. $OMNI #bitcoinhalving#OMNILAUNCHPOOL