The month of October was nothing short of amazing as @Injective triumph in almost all aspects of DeFi
- @Official_Upbit supported $INJ - $FET proposal went live - 51,550 $INJ burned in October - 224,000 unique delegates. - Over 91,383 Injective SDK download
The number 1 prediction market on @Injective has finally gone live on mainnet
With promises to reward the first 500 users who interact with @paradyze on its mainnet
The mainnet launch also kicked start the paranite farming which allows everyone to get 1 paranite for every $1 spent
FYI : @paradyze is a unique prediction market which allows you to bet on a wide range of topics, from sports and entertainment to politics and more and profit regardless of the outcome.
Just a few days ago, @Injective a nounced the launch of its first native stable coin launched on its chain
The $AUSD by @withausd is a new type of stable built to work seamlessly across both TradFi and DeFi.
Backed by real assets like cash, U.S. Treasury bills, and other secure investments. This makes it a reliable dollar-for-dollar substitute in digital transactions.
What’s special about $AUSD is that it’s managed by VanEck (a big player in asset management) and stored safely with State Street, a firm that manages trillions in assets.
So, it’s institutional-grade, means that it’s built to meet the standards of big financial firms, which can help it gain trust and adoption.
Since launching, $AUSD has reached $65 million in circulation, with millions in daily trading volume across popular networks like $ETH , $AVAX , and $SUI .
Being part of @injective’s ecosystem, which has already processed over $40 billion, $AUSD benefits from Injective’s fast, low-cost, and secure network.
For more information 👇🏽blog.injective.com/en/agora-to-launch-native-us-dollar-stablecoin-on-injective/
Yet another win for @Injective | $INJ as over 8.9M active users from @Official_Upbit exchange will now have access to the most deflationary token there is
Millions of new users in Korea who have access to Upbit can now easily purchase and trade $INJ using the Korean fiat pair $KRW
This greatly increases the accessibility of $INJ to a wider audience
@Injective has achieved a significant milestone, surpassing 90 million blocks produced.
This milestone shows injectives robust performance, high adoption rate, and unwavering commitment
As a leading layer-1 blockchain, @injective's rapid block production speed and efficient transaction processing capabilities have solidified its position as the fastest L1.
This milestone further demonstrates the network's reliability and scalability, making it a trusted choice for developers and users alike.