Injective Ecosystem Weekly Report: Network Upgrade, Cooperation Expansion and Community Activeness

📆Injective Ecosystem Weekly Report (8.19 - 8.25)

🔾Major Progress

- Successful upgrade of Injective mainnet: The mainnet upgrade significantly shortens the block time, enhances the ability to resist MEV, and improves overall performance and security.

- Protocol Revenue Auction: Injective will auction and burn protocol revenue of approximately US$413,000.

- Owlto Finance is integrated into inEVM: allowing users to seamlessly cross-chain USDT from inEVM to more than 14 networks.

- Injera cooperates with Pryzm: Injera will use the Pryzm platform to tokenize and trade future earnings of USDi.

- Balanced integrates Injective: BalancedDao has been launched on the Injective mainnet, providing users with cross-chain DeFi functions.

- Injera Money Market $GEM Mining: Total Net Asset Value has exceeded $4 million.

- Hydro MemeFi Project Janie Launched: Janie is officially launched and points mining is enabled. $JNI can be obtained by staking $xHDRO.

- DojoSwap starts the third round of DAOJO asset staking: Users can choose to stake INJ to get DAOJO at a discount.

đŸ”čOther highlights

- Token2049 Special Party: Injective will join hands with Google Cloud to hold a special party focusing on innovation, network expansion and community building.

- Hydro Protocol Cooperation: Hydro and Injective cooperated to hold an offline meetup to discuss the future development of LSD-Fi.

- INJ Community Emoji Generator is online: Users can customize their own emojis with one click.

- BlockBeats Rhythmic Dialogue: Sharing and discussing chain abstraction will be a necessary AMA for Mass Adoption.

♊Summary

In the past week, the Injective ecosystem has achieved several major advances, including mainnet upgrades, protocol revenue auctions, and the integration of multiple cross-chain and DeFi features. At the same time, community activities are also being actively promoted, such as the Token2049 special party held in cooperation with Google Cloud and the offline meetup of Hydro Protocol.

These initiatives not only significantly improved the performance and security of the Injective network, but also strengthened cooperation with other ecological projects, laying a solid foundation for future development.

#Injective #INJ #USDi $INJ $JDI