Gryphon_fi's official launch on the #Injective mainnet brin | MiroCrypto on Binance Square

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Gryphon_fi's official launch on the #Injective mainnet brings increased capital efficiency, flexible deployment, and a tailored staking experience exclusively for Ninjas, enhancing the overall ecosystem for the community
👉app.gryphon.finance
$INJ #StakingRewards

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$INJ Bulls are up 💥 $INJ

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How the $INJ Burn Auctions Work The INJ burn mechanism is a crucial part of @Injective tokenomics, designed to create a deflationary effect by systematically reducing the total supply of INJ tokens. All this is made possible through a unique system known as the Burn Auction. Now, let me briefly explain how the burn auctions work: The Burn Auction operates as follows: --- Revenue Generation: A portion of the revenue generated by dApps utilizing Injective’s exchange module is accumulated. This revenue comes from transaction fees, protocol fees, and other sources within the Injective ecosystem. --- Token Collection: The accumulated revenue is periodically collected into an Auction Fund. This fund also includes tokens from applications that opt into participation and direct contributions from individual users. --- Auction Process: The Burn Auction invites participants to bid on a basket of tokens from the Auction Fund. The auction is conducted as an English Auction, where participants place bids using $INJ tokens. --- Winning Bid: The highest bidder at the end of the auction receives the basket of tokens. --- Token Burn: The INJ tokens used in the winning bid are then burned, effectively removing them from the total circulating supply. So far, over 6 million tokens have been totally removed from the initial supply through the INJ burn mechanism, making $INJ one of the most deflationary assets in the industry. Additionally, the $INJ burns happen weekly, every Wednesday, so stay tuned. Please, hit the share button if you find this useful #InjectiveBurn #injenomics #INJburn

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$INJ at $22.8 Trust me, 3 digits is inevitable 🎯

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Liquid Staking on Injective | $INJ --- Despite the market conditions, I've been accumulating a good amount of $HDRO on Hydro's farm. --- Since I'm farming $HDRO, I'll be eligible for the season two airdrop. It's that simple. So, I hope you are farming too. If you are not, you might wanna get started! 🔗 app.hydroprotocol.finance #CPI_BTC_Watch #Ethereum_ETFs_Expected_Date #BinanceTurns7 #SOFR_Spike #US_Job_Market_Slowdown

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The Injective Knight Role ⚔️ Here's some quick alpha about the @Injective Knight role. As we all know, the Knight role, up to Master, is reserved for elite contributors to Injective and comes with monthly rewards and exclusive packages for your contributions. The usual path to earn the Knight role is to progress from Ninja to Warrior, and then to Knight 🥷. But guess what? If you're a KOL or influencer with at least 5,000 real followers or 500 active group members, you might qualify for an accelerated onboarding process. This means you may be eligible for a faster and simpler process to achieve the Knight role within the Injective community. So, if you meet the requirements or would love to become a Knight and play a major role in shaping the future of Injective and Web3, why not hit the link below. Here’s the Discord link to join the Injective server: 👉 discord.gg/injective More info about the ambassador program: 👉 https://blog.injective.com/en/the-ninja-masters-ambassador-program-launch/ $INJ

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