Here are some impactful use cases that come with the omnicha | MiroCrypto no Binance Square

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Here are some impactful use cases that come with the omnichain domain name launch.
Create your very own omnichain domain here:
👉 https://injective.sns.id/?ref=blog.injective.com
$INJ x $SOL

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New Product Alert! - AINJ; the @Injective Staking Exchange-Traded Product (ETP), has been launched by @21Shares. - Supported by major financial institutions such as Interactive Brokers, Saxo Bank, Swissquote, eToro, and more. - 100% physically backed. $INJ #INJTECTIVE #INJ/USDT📈

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$INJ burn continues weekly 🔥 With: Over 59M INJ staked Over 6M INJ burnt so far Also, INJ total supply is unlocked. Just so you know, @Injective is just getting started, so brace yourselves. #ETH_ETF_Approval_23July #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike

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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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