Injective: Week 5 Update
Every week, Injective continues to gain momentum with exciting news and developments:
Let's see what happened in week 5 on Injectiveđ
Highlights:
ETH Denver 2024: CEO Eric Chen will be a speaker, and Injective will host two side events in ETH Denver kicking off February 23rd, 2024
Staking: Over 50% of INJ supply is now staked by 170,000+ delegators.
PRYZM Integration: Tokenize future yield from staked INJ, earn fixed income, vote with liquid tokens, restake, and pay gas with INJ.
Details: https://ln.run/FuT2u
Ecosystem Growth:
Record Token Burn: 5,643 $INJ ($196,000) burned, reducing circulating supply. (Track burn auction: hub.injective.network)
Solana Name Service Integration: Improved user experience.
XNINJA: Reached 30,000 users in 10 days of pre-launch.
AEROSCRAPER, the zero-fee lending-borrowing protocol on Injective, launched Guild and Galxe campaign for community members. (Join: guild.xyz/aeroscraper, galxe.com/aeroscraper/ca)
Dojoswap announced its premier Injective Airdrop platform.
More details about the Airdrop :â link.medium.com/Y3PCinZARGb
Avax Perp market is now live on helix
Read More: helixapp.xyz/42jPA33
Trade AVAX PERP: helixapp.xyz/3umUP5m
Hydro Protocol: Now launched on mainnet, achieved $80 million+ TVL within a week.
Out App Launch: SocialFi platform for community formation and rewarding quality contributions. (Create profile: beta.out.app, Code: checkitout)
These are some of the events that went down in week 5, to stay updated, follow #Injective on twitter @Injective_ for more details and upcoming events.
