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Two important benefits that are easy to be overlooked recently for Injective:
â Galaxy, one of the largest Web3 institutions, officially joined Injective as a validator today
⥠The countdown to the full launch of Injera has begun, the first synthetic dollar protocol driven by the on-chain money market on Injective
What is Galaxy?
Galaxy HQ is a major institution in the Web3 field with strong strength and abundant resources. Their decision to join Injective as a validator is great news for Injective.
Galaxy becoming a validator means that the Injective network will be more secure and stable, and it also proves their trust in Injective. The joining of Galaxy is a recognition of Injective, which may drive up the price of $INJ tokens.
What is Injera?
Injera is the first synthetic dollar protocol driven by the on-chain money market on Injective. Simply put, it allows users to trade and invest in US dollars without actually holding US dollars. Injera provides the advantages of greater transparency and decentralization, making capital utilization more efficient and flexible.
