Injective (INJ) is a layer one blockchain specifically designed for decentralized financial applications (DeFi).
Provides an interoperable and high-performance infrastructure that allows developers to create advanced DeFi applications, including decentralized exchanges (DEX), prediction markets, and lending protocols.
Key features:
Self-executing smart contracts: Injective is the first blockchain to offer smart contracts that execute automatically, enabling faster and more innovative applications.
Interoperability: Enables the secure transfer of crypto assets and Web3 data from prominent blockchains for use in any application built on Injective.
Growing ecosystem: Injective has built the largest and fastest-growing Web3 financial ecosystem, with a global network of dApps, validators, developers, and partners working together to create a truly free and inclusive financial world.
Utilities:
DeFi application development: Provides pre-built and customizable modules for developers to create dynamic applications that are not possible on other networks.
Decentralized exchanges: Facilitates the creation of DEXs that offer an advanced and decentralized trading experience.
Prediction markets and lending: Supports the implementation of prediction markets and lending protocols, expanding possibilities within the DeFi ecosystem.
Whitepaper:
The Injective whitepaper is available on its official website.
Annual price evolution of Injective (INJ):
This is a list of the approximate price of INJ at the end of each year since its launch:
2020: $1.50
2021: $12.00
2022: $1.30
2023: $2.50
2024: $27.89 (as of November 24)
* One must think very carefully about the potential outcomes this project may have; in these promising ventures, everything should be taken with caution because everything can fall as quickly as it grows *
