Injective announces its collaboration with Arbitrum, a leading layer 2 technology stack enabling projects to innovate and expand on Ethereum.
Featuring Arbitrum's unique Orbit stack, Injective's inEVM has become even more customizable, breaking new ground for inEVM and providing users with seamless, efficient and cost-effective transactions.
inEVM has already been carefully designed to meet the unique needs of Injective and the entire Ethereum ecosystem. Collaboration with Arbitrum allows us to expand the developer tools for inEVM users, which was previously only available in the Ethereum L2 ecosystem. In turn, this makes inEVM more powerful than ever before, giving developers access to Ethereum while maintaining Injective's lightning-fast speeds and low fees.
What is Arbitrum?
Arbitrum is a set of Ethereum scaling solutions designed to make it easier to build and run decentralized applications. This complex includes protocols, chains and SDKs that enable the Arbitrum ecosystem. One of the company's main offerings is Arbitrum Orbit, which allows any project to create its own Rollup and AnyTrust chains.
InEVM is based on the Arbitrum Orbit stack, a powerful set of tools developed by Offchain Labs. This stack serves as the foundation for building scalable, secure, and efficient layer-2 solutions that enable seamless integration of smart contracts across multiple blockchain platforms.
Reliable inEVM environment
By seamlessly integrating components of Arbitrum and Injective's native mine, inEVM can offer developers an unparalleled experience.
For example, inEVM can use INJ as its native gas token, which was previously unheard of in the world of L2 rollups. Additionally, inEVM can offer the same familiar developer tools found on Ethereum, such as Hardhat and Foundry. All this is achieved while maintaining the lightning speeds and low gas fees that characterize Injective itself.
inEVM not only improves transaction processing efficiency, but also highlights Injective's commitment to creating a user-friendly and economically sustainable ecosystem.
In addition, inEVM transactions may qualify for Injective's innovative Burn Auction. This auction mechanism burns a certain percentage of all protocol fees each week. The Injective Burn Auction serves to collect the value of the protocol for all users, offering benefits to participants throughout the ecosystem, whether users, community members or developers.
Epicenter for Ethereum and Injective
The significance of this collaboration goes far beyond just one blockchain network. With inEVM, users gain access to a seamless platform that combines Ethereum, Injective and Cosmos, enabling interoperability of chains and helping to shape a more interconnected blockchain landscape. This interoperability opens up a wealth of possibilities for both developers and users, allowing assets and liquidity to be seamlessly transferred across disparate blockchain networks.
Continuing to bridge the gap between Ethereum, Cosmos, and other widespread L1s including Solana, Injective is steadily advancing its mission to create a more democratic financial future through decentralization.
Об Injective
Injective is a lightning-fast layer 1 interoperable blockchain optimized for building world-class Web3 financial applications. Injective provides developers with powerful plug-and-play modules to create unrivaled dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and backed by notable investors such as Jump Crypto, Pantera, and Mark Cuban.