pSTAKE’s Deposit Cap 2 of 150 $BTC for Bitcoin Liquid Staking on Babylon is Live!🚨

pSTAKE Finance, a Bitcoin Yield and liquid staking protocol, backed by Binance Labs, has recently opened its Deposit Cap 2 for Bitcoin Liquid Staking on the Babylon Chain, allowing users to stake up to 150 BTC. This follows the success of Cap 1, which was fully subscribed with a total of 50 BTC with a reward pool of 100,000 $PSTAKE tokens for early adopters.

Staking your BTC with pSTAKE provides several unique advantages:

- Overcome Babylon’s max stake limit: pSTAKE helps you bypass Babylon's staking limitations.

- No high Bitcoin network fees: Enjoy the benefits of staking without worrying about hefty transaction fees.

- Increased chances of participation: Boost your likelihood of getting into Babylon’s Cap 2.

By depositing BTC with pSTAKE, you'll also be eligible for boosted pSats during the SatDrop Campaign and additional rewards in the near future. Don’t miss this opportunity to earn future Babylon and pSTAKE points rewards.

Stake your $BTC today with #pSTAKE and be part of the movement to make #DEFİ great again. #StakingBitcoin #LiquidStaking #AirdropWin

👉 https://app.btc.pstake.finance

Earn a Share of $100,000: Join the pStakeFinance Liquid Staking Campaign on Binance

Do you have $BTC in your BinanceWeb3Wallet?

If yes, then here's a big opportunity for you to hop on 😀

You can definitely deposit a minimum of 0.005 if you don't - no one is missing out!

The campaign kicked off from August 1st and is ending on August 7th, 2024.

Hurry and join the exciting campaign now, Liquid Stake your Bitcoin with pStakeFinance on Binance Web3 Wallet and earn rewards.

Campaign Overview

Dates
- Campaign Period: August 1-7, 2024

Participation Requirements
- Minimum Deposit: 0.005 BTC

- Deposit Cap: Initially set at 50 BTC to ensure security. If this limit is reached, it will be increased exclusively for Binance Web3 Wallet users.

Key Points to Note

1. Withdrawals:

- Withdrawals will be disabled in the first version (V1) of the pSTAKE BTC Liquid Staking solution. This is due to certain limitations with pStake and Babylon’s staking infrastructure, aimed at ensuring overall protocol security.

2. Rewards:

- Boosted pSTAKE pSats: These rewards will be credited after the launch of pSTAKE’s SatDrop campaign in the upcoming weeks.

- PSTAKE Tokens: At the end of the campaign, 500 users will be chosen based on Award Selection Rules using Bitcoin Hash. These users will share 100,000 PSTAKE tokens, which will be distributed two weeks post-campaign.

Steps to Participate

1. Use Binance Web3 Wallet: Access the campaign exclusively through the Binance Web3 Wallet on the Binance mobile application. Desktop access to the pSTAKE dApp via the Binance Web3 Wallet is not supported.

Full Guide on how to get started:👇
blog.pstake.finance/2024/07/24/liq…

2. Deposit BTC: Ensure you deposit at least 0.005 BTC to qualify for participation.

Join now 👇
binance.com/en/events/baby…

About Pstake Finance
pSTAKE Finance is a Bitcoin Yield and liquid staking protocol, backed by Binance Labs.

#airdrop #bitcoin $BTC #pStakefinance #Liquidstaking

Introducing TokenStation: The First Native Token Launcher on Injective

Injective, the fastest and cheapest Layer 1 Blockchain, has just unveiled TokenStation, the first-ever native token launcher on its platform. This groundbreaking development allows anyone to effortlessly launch their own native tokens within seconds, leveraging Injective's fastest network and low fees.

TokenStation is the brainchild of the Injective community, designed to empower users with the ability to deploy a new token without the need for any coding experience. With its user-friendly interface and intuitive features, TokenStation revolutionizes the token launch process, making it accessible to a wider audience.

The capabilities of TokenStation are truly remarkable, as you can now enjoy a comprehensive range of functionalities, all conveniently located in one place. Whether it's launching a token on the Injective network, managing the token's operations, minting new tokens, or even reducing the token supply through the burning process, TokenStation has it covered.

#Injective's commitment to simplicity & user-friendliness is clearly evident in the token launch process. With just a few straightforward steps, anyone can create their token🫰

1️⃣ Choose the name, symbol, and logo that best represents your token's identity and purpose.

2️⃣ Select the initial supply that will be available upon launch, ensuring a fair distribution to potential token holders.

3️⃣ Launch the token seamlessly on the Injective network, where it gains immediate visibility & access to a vibrant ecosystem of users.

It's that simple!

Get started now at: www.tokenstation.app

ABOUT INJECTIVE
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective & its rapidly growing ecosystem. Injective is incubated by Binance & is backed by prominent investors such as Jump Crypto, Pantera & Mark Cuban.

$USDC Now Accessible on Injective Through Noble Integration

Injective has quickly become one of the busiest hubs in the crypto space, setting itself apart not just as the cheapest and fastest chain, but as a pioneer in revolutionizing finance. With a string of top-notch partnerships and integrations, Injective is no doubt at the forefront of reshaping the future of decentralized finance (DeFi).

One of the most recent and notable integrations is with Noble, the issuer of USDC within the IBC ecosystem.

USDC is one of the most trusted stablecoins in the world, and now, users on Injective can use USDC within its network. This brings several benefits to the Injective ecosystem:

—Direct Access to USDC: With this integration, Injective gains direct access to USDC issued on the platform. This means users can use USDC with ease within the Injective ecosystem.

—Access to Diverse dApps: Users will now be able to access native USDC through various dApps across the Injective ecosystem, such as Helix— a premier decentralized exchange on injective. This opens up new possibilities to use USDC for trading, lending, payments, and more.

—Empowering Developers: In the long run, developers will also have the ability to offer USDC as an option to for various functions. This gives users more choices and flexibility in using stablecoins on the Injective platform.

Overall, this integration makes the experience of using Injective even better for everyone. They can now use USDC, a stablecoin they trust, more easily on the platform, opening up plethora of possibilities.

Read more info: https://t.ly/l6HmS

Website: https://injective.com/

#injective $INJ

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 Injective👇

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 :— 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.

Why Developers Should Build on Injective 🧑‍💻

Injective is a highly attractive platform for developers & projects looking to build in the decentralized finance (DeFi) space. Without much ado, here is why you should consider building on Injective.

✨Lowest fees in crypto: Injective boasts incredibly low transaction fees, averaging less than $0.01. This attracts users & makes dApps cost-effective to develop and use.

✨Multi VM layer: Injective utilizes a unique multi-virtual machine layer, allowing different smart contract languages (e.g., CosmWasm, Ethereum) to operate on the same chain. This flexibility empowers developers to choose the best tools for their projects.

✨Robust interoperability: Seamlessly interact with other blockchains & leverage assets & data beyond Injective's ecosystem. This opens up a wider range of possibilities for dApp functionality & user reach.

✨Unmatched liquidity: As a developer, tap into Injective's shared liquidity pool, ensuring sufficient funds for trading & other financial activities within your #DApp from day one.

✨Best community🥷: A vibrant & supportive community thrives around Injective, offering valuable resources, collaboration opportunities, & feedback for developers.

✨️Native Web3 modules: Injective provides pre-built modules for common DeFi functionalities like spot trading, derivatives, & lending. This saves #developers time & effort, accelerating the development process.

✨Fully customizable: Build exactly what you envision! Injective offers a high degree of customization, allowing developers to tailor their dApps to specific needs & use cases.

✨Automated smart contracts: Leverage Injective's automated smart contract features to streamline complex financial operations & reduce maintenance needs.

✨Zero MEV: Injective's MEV-resistant design protects users from frontrunning & other unfair trading practices, fostering a transparent & fair market environment.

With these unique features, #injective. is undoubtedly worth exploring.

how to get started? 👇
https://docs.injective.network/

Mitofinance: Empowering Traders, Investors, and Projects in the DeFi Space

Mito Finance is an innovative Web3 protocol built on Injective, the fastest and cheapest Layer 1 blockchain. Mito offers a wide range of features catering to various aspects of decentralized finance (DeFi).

These include: Automated Trading Vaults, Real Yield Generation, RWA, and Launchpads. These features aim to provide solutions and opportunities for traders, investors, and projects within the DeFi space.

Mito Finance, by leveraging the speed and cost-effectiveness of the Injective blockchain, is poised to reshape the future of finance with its innovative features and products.

MITO'S PRODUCTS

— VAULTS

Mito Finance Vaults provide users with access to meticulously curated trading strategies.
By subscribing to Mito Vaults, traders can access arbitrage algorithm trading and other sophisticated strategies, enhancing their trading experience.

— LAUNCHPAD

For developers seeking to fundraise for their projects, Mito Launchpad provides a quick and seamless solution. By utilizing Mito Launchpad, developers can raise funds and instantly list their projects on the Injective Exchange dApps. This streamlined process empowers developers to gain exposure and support for their projects, while also benefiting users who can access new tokens across the global crypto space.

BENEFITS OF MITO FINANCE

1. Low Fees: Leveraging #Injective's low layer 1 technology, Mito Finance offers reduced fees compared to Ethereum-based #DeFi platforms. This cost-effectiveness benefits users by reducing their trading expenses.

2. Advanced Trading Strategy: Mito Finance empowers traders with access to advanced trading techniques through its automated vaults. Features like arbitrage algorithm trading enable users to optimize their trading strategies & potentially enhance their profitability.

3. Hands-Free Yield Generation: Mito Finance's #Vaults incorporate built-in risk management strategies, which allows users to generate yield without the need for active management
More about Mito, visit: moto.fi

HOW TO GET STARTED ON INJECTIVE

Are you new and unsure about how to get started with Injective the fastest layer 1 blockchain built for finance?

It's easy, all you need is an injective wallet.

the wallet is your key to:

—Trade cross-chain crypto & perpetual markets on Helix.

—Stake INJ for juicy rewards.

—Bridge assets from Ethereum, Solana, and more.

—Participate in governance proposals & weekly auctions.

—Explore a thriving ecosystem of dApps.

How to set up your wallet:

Download a compatible wallet: MetaMask, Ninji, Keplr, Ledger, Trezor... the choice is yours!

Connect your wallet to the Injective Hub:

For Metamask, visit the injective hub— Click "Connect" and a list of wallet Will pop up, click Metamask. once connected you'll find your INJ address starting with "inj." in the top right corner .

For Ninji, Injective native wallet:

Download, create your wallet, and connect it seamlessly— same process as Metamask and every other compatible wallets .

Now you're ready to roll!

Once connected to the Hub, here's guide to access the following:

Stake INJ: https://hub.injective.network/staking/?ref=blog.injective.com

Bridge assets: https://hub.injective.network/bridge/

Transfer assets: https://hub.injective.network/wallet/

Join governance: https://hub.injective.network/governance/

Participate in auctions:
https://blog.injective.com/en/injective-burn-auction-launch/

Trade on Helix: https://helixapp.com/?ref=blog.injective.com

Explore more dApps: https://injective.com/ecosystem/?ref=blog.injective.com

Don't miss out on the DeFi revolution! Get your Injective Wallet today and experience the future of finance.

#injective. #wallets.

Injective Weekly Recap: Week 4 of January 2024

This week was a busy one for the Injective ecosystem, with several exciting developments:

—Integrations:

Omni FDN: Integrated INJ as the first asset on the Open Liquidity Network, enabling seamless use across L2 rollups.

Inspect: Partnered with Injective as a primary data & analytics provider, making Injective more accessible and efficient.

—New listings on helix:

LayerZero ($ZRO): Pre-launch futures market is now live.

Jupiter ($JUP): Pre-launch futures market is now live.

—Ecosystem Highlights:

Cumulative trading volume on Helix reached 18 billion.

Hydro: hydro protocol released its updated spot grid trading bot documentation.

—AMAs:

Injective Held AMA with Omni network and Messari, and a Twitter space on RWA with guests.

Kage Finance: Launch of the first all-in-one trading platform built for Injective.

Neptune Finance: Innovative lending protocol goes live on the #injective. mainnet.

Aeroscraper: Integrated MetaMask into its dashboard.

—Additional Resources:

Helix: helixapp.xyz

Hydro Protocol Documentation: docs.hydroprotocol.finance

Kage Finance: https://kagecap.com/
Neptune Finance: neptune_finance

Aeroscraper: aeroscrapertest.tech

Overall, it was a positive week for Injective, with continued growth and adoption across the ecosystem.

For more info, follow Injective on twitter @ Injective_ and Binance @Injective

Injective #lending market is now live!

Neptune Finance, a lending and borrowing platform on Injective, is now live on Mainnet.

Injective users can now lend for APYs or use holdings as collateral to borrow. This opens new possibilities for holders, #traders , yield farmers, #DAOs, arbitrageurs, and #Builders.

Coins available now include $INJ , $ATOM and $USDT

To use Neptune Finance on #Injective, you'll need supported wallets such as Keplr or Metamask. You can connect to the Injective blockchain using your wallet and navigate to the Neptune app on nept.finance.

Dive into neptune on mainnent:
https://app.nept.finance

Injective Nexus: Enhancing Blockchain Data Accessibility with Google Cloud Integration

What is Injective Nexus?

Injective Nexus serves as a bridge between the Injective blockchain and the mainstream world. By integrating with Google Cloud's Analytics Hub, Injective Nexus allows developers and enterprises to tap into real-time financial and transaction data on Injective. This data can be leveraged to:

1. Build innovative DeFi applications with enhanced features and user experiences.

2. Real-time access to financial and transaction data on the Injective blockchain.

3. Fuel AI and ML models with on-chain data for smarter decisions.

4. Craft data-backed institutional trading strategies.

5. Power intelligent smart contracts with richer
context.

What Benefits does this bring?

i. it enhances accessibility and provides a seamless data access for developers and enterprises.

ii. It also brings innovation and growth driving cutting-edge DeFi, AI/ML, and trading strategies.

iii. it unlocks potentials and helps explore the vast possibilities of the Injective ecosystem.

More info: https://blog.injective.com/en/injective-integrates-web3-finance-data-into-google-cloud-bigquery/

#Web3 #blockchain #DeFi #trading #DataFi

Trade, Mint, DeFi - Do It All for (Almost) Free with Injective's Gas Compression

Injective just dropped a major update in the crypto space, the Gas Compression. this feature makes transactions on the platform practically free. with this, sending crypto, staking, trading, minting NFTs, & more, cost almost nothing on the Blockchain.

Let's see how this benefits different groups in the Injective ecosystem

For dApps:

Competitive edge: dApps built on Injective can offer their users significantly lower fees compared to other chains, making them more attractive.

Faster development: With gas compression, developers can experiment & iterate more quickly without worrying about costs.

New possibilities: The low fees open up new avenues for creative #dapps. development that wouldn't be feasible elsewhere.

For Users:

No more expensive fees— Imagine minting 1,000 NFTs for just $0.30! That's over 100 times cheaper than Ethereum & way less than other popular chains.

Faster transactions: Injective is already super fast, & now with gas compression, it's like lightning. High-frequency traders & complex transactions become a breeze.

More accessible: Anyone with as little as 0.01$ can access Injective without worrying about breaking the bank on fees. This opens the door to a whole new user base.

For Institutions:

Scalability for real-world use: Institutions need a blockchain that can handle high volumes without breaking down and incurring much fees. Injective's volan & now, gas compression, makes it a perfect choice.

Cost-effective development: Building on Injective becomes much more attractive for institutions with the significantly lower transaction costs.

Innovation potential: The low fees unlock new possibilities for DeFi, derivatives, & other financial applications.

Overall, #Injective's gas compression is a groundbreaking development that benefits everyone. It makes the platform more accessible, scalable, & affordable, paving the way for a new era of innovation in the crypto space.

Beyond the limits: How Injective Is Empowering Developers to Build Unrestricted Smart Contracts

Traditional smart contracts are often limited by the constraints and standards of the blockchain they operate on. This can result in high fees, long confirmation times, and limited customization options. Injective, a layer 1 blockchain, addresses these limitations and offer unprecedented freedom and control over smart contracts. In this article, we will explore the unique features of Injective and how it has revolutionized the smart contract landscape.

*Unleashing Innovation
#injective. differentiates itself from other blockchains by providing a platform that allows smart contracts to be created and executed in any desired manner. Developers are no longer restricted by the rules and standards of a single blockchain, enabling them to create tailor-made contracts that perfectly suit their needs.

*Scalability and Speed
Built on Tendermint, a secure, scalable, & fast blockchain technology, Injective boasts impressive transaction processing capabilities. It can handle thousands of transactions per second with an average block time of 0.8 seconds, ensuring fast & efficient execution of smart contracts. Moreover, transaction costs on Injective Chain remain remarkably low, with an average cost of less than $0.01. This scalability & affordability make Injective an appealing choice for developers looking to deploy high-performance #smartcontracts .

*Interoperability
Injective leverages #Cosmos-SDK to facilitate seamless cross-chain communication between different blockchains. This feature enables Injective to connect with other prominent blockchains such as Ethereum, Cosmos etc, establishing interoperability.

*CosmWasm for Flexibility:
Injective uses #CosmWasm , empowering developers to create smart contracts in preferred programming languages. CosmWasm facilitates collaboration between smart contracts, enabling them to perform complex tasks together. This unlocks new possibilities for building sophisticated #dapps.

More info, visit Injective.com & Twitter @Injective_

INJECTIVE WEEKLY UPDATE

Here's a recap of week 3 on Injective:

1. Gas Compression

On January 19th, #injective. introduced gas compression, a major technical breakthrough that significantly reduces transaction costs on the Injective platform. This innovation makes Injective one of the most cost-effective platforms in the cryptocurrency industry.

2. 350 Active Addresses

Injective now boasts 350,000 active addresses, indicating a growing user base and increasing engagement with the platform.

3. Injective x Hydro Community Call

On January 18th, Hydro finance held a community call with the Injective team. The discussion covered topics such as LSDFi, RYA, farming, mainnet launch, TGE, and listings. If you missed it, you can listen to the call (craig.horse/rec/Y97pgwZqGf…).

3. Rank 1 in .inj Domain Registrations

Injective achieved the top rank in domain registrations with over 509 domains registered under the .inj extension.

4. $INJ Burned

Last week, a total of 3,434.11 $INJ tokens were burned, equivalent to approximately $130,000. This brings the total amount of $INJburned to 5,813,390 tokens, worth around $227 million.

5. Ninji Wallet Launch

Ninji #Wallet has officially launched on the Google Play Store, allowing Android users to access the wallet's features. Visit the [Google Play Store](play.google.com/store/search?q to install the Ninji Wallet.

6. Injective Integration With Omni Network

Injective has been integrated into the Omni Network as the first asset ever to join the Open Liquidity Network. This integration enables seamless utilization of $INJ across all Layer 2 rollups.

7. Injective x Google Cloud Illuminate Hackathon Winner

NinjaKits won the Community Award at the Injective x Google Cloud Illuminate Hackathon! NinjaKits is developing an all-in-one #DEFIxNFT management tool on the Injective platform.

That's a wrap of what went down on Injective

Thanks for reading!

For more updates, follow Injective on Twitter @ https://x.com/Injective_?t=50sbCw-GAsPFxMBcb5DrXQ&s=09

#injective. Weekly Review - Week 2 2024

* Injective marked a momentous occasion during Week 2 with the successful completion of the Volan Mainnet Upgrade on January 11, 2024 – a milestone considered the largest in the platform's history. This upgrade signifies a transformative epoch for Web3 finance, introducing pioneering features such as the world's inaugural native real-world asset infrastructure, heightened blockchain scalability, expanded interoperability, novel burn capabilities, and more.

*The winners of the Injective X Google Cloud Illuminate Hackathon were unveiled across different categories. Hosted by Injective and co-hosted by dorahacks in collaboration with Google Cloud, the recipients in the Defi Infrastructure and Tooling category included 🥇 @aeroscraper, 🥈 @AzoyaLabs, and 🥉 @chaindefenderai.

Meanwhile, in the Web3 (NFT, GameFi, SocialFi) category, accolades went to 🥇 @srdtrk, 🥈 @NinjaBlazeApp, and 🥉 @NinjaKits_.

*The Ninji wallet, is now accessible on the Play Store for Android users, empowers users to securely manage their digital assets.

* DojoSwap, Injective's premier AMM DEX, has achieved a commendable milestone, surpassing $16 million in total value locked (TVL). Further attesting to its success, DojoSwap boasts a 7-day trading volume of $20 million and has captivated over 6,000 unique traders, reflecting the community's profound trust in the project.

*Injective CEO & Co-Founder, Eric Chen, shared insights during an interview on "The Protocol" show by CoinDesk last week, elucidating on the significance of integrating real-world assets onto the blockchain, encompassing anything tangible in the physical world.

* Celebrating another milestone, Injective surpassed 100,000 unique delegates staking over 47.8 million $INJ tokens. The platform has witnessed over 400,000,000 on-chain transactions, affirming the dynamic engagement of the community.

* FilamentFinance, a hybrid perpetual DEX combining an order book with a unique on-chain liquidity pool model, is poised to launch on the Injective EVM testnet.

Injective's Volan Upgrade: Transforming Finance with RWA, Interoperability, and Enhanced Tokenomics

#injective. has recently released its largest mainnet upgrade called "Volan", which brings several advancements to the platform. This upgrade marks a significant step in the journey towards creating a new financial paradigm. With Volan, the Injective ecosystem can grow faster than ever before, enabling the launch of decentralized applications (dApps) on-chain that would not be possible elsewhere.

Highlights of Volan upgrade:

1. RWA Module: The Volan upgrade introduces a Real World Asset (RWA) module, which allows for the creation and management of permissioned assets with extensive customization.

2. Interoperability Expansion: Volan adds support for real-world assets and communication with Cosmos chains via the Inter-Blockchain Communication (IBC) protocol.

3.Enhanced Enterprise Grade Scalability: The upgrade brings enhanced scalability to the Injective ecosystem, enabling it to handle increased transaction volume and user activity.

4. New Exotic Oracle Feed Design: Volan introduces a new design for exotic oracle feeds, which are essential for obtaining external data on-chain.

5. Token Economics Optimizations: The Volan upgrade includes optimizations to the token economics of the Injective ecosystem, ensuring the efficient functioning of the platform

6. Token Burn Enhancements: Volan also enhances the token burn mechanism, which helps maintain the scarcity and value of the #$INJ token.

The Volan mainnet upgrade is expected to have a significant impact on Injective's growth and its ability to cater to a wide range of financial applications. It further solidifies Injective's position as a prominent player in the decentralized finance (DeFi) space.

ABOUT INJECTIVE
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. Injective is incubated by Binance and is backed by top investors.

What's Injective and why is it the fastest layer 1 blockchain ?

Injective is a layer 1 blockchain designed to provide a decentralized and interoperable environment for creating and trading a variety of financial derivatives and assets. While initially tailored for finance applications, it offers a versatile platform for decentralized applications across multiple industries.

It is known for its speed and efficiency, making it the fastest blockchain network available for financial transactions and applications.

Injective stands out as a unique blockchain because it provides developers with ready-made tools, like a fully decentralized order book, to create a variety of advanced applications. It's like having a set of building blocks for innovative projects.

Injective is constructed using the Cosmos Software Development Kit (SDK) and achieves immediate transaction confirmation through the Tendermint proof-of-stake consensus framework.

Moreover, Injective isn't confined to its own space; it can efficiently connect and move assets across major blockchain networks, such as Ethereum and Cosmos Hub.

Injective's Mission:
Injective's mission is to create a more free and inclusive financial system through decentralization.

Injective's Vision:
injective's vision is to build a decentralized, interoperable, and scalable financial ecosystem that empowers individuals to control their own finances.

Injective is supported by top players in the industry. it's incubated by Binance and backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

Explore DeFi's future with #Injective ⚡️the Blockchain for finance !

Learn More:
Website: Injective.com

#Injective #Finance #Decentralized

#Injective's Weekly Update: January 2nd - 7th, 2024

*Volan Mainnet Upgrade:

The week kicked off with a resounding vote of confidence in the Injective Volan Mainnet Upgrade. With over 18 million #$INJ tokens cast and a near-unanimous 99.9% approval rate, the community greenlit the upgrade, paving the way for exciting innovations like:

–New RWA module: Bringing real-world assets onto the Injective platform expands possibilities for decentralized finance.

–Expanded burn mechanic: Increased token burning fosters deflationary pressure, potentially boosting #INJ's long-term value.

–IBC Cross-Chain Expansion: Interoperability with other blockchains strengthens Injective's position in the broader DeFi ecosystem.

*Hydro Prepares to Make Waves:
Get ready for Hydro, the ultimate liquid staking platform, set to launch mainnet on January 31st, 2024. The team at @hydro_fi has laid out a clear roadmap:
–Mainnet Launch: January 31st.
–Public Sale: February 2024 marks your chance to acquire tokens.
–TGE (Token Generation Event): March 2024.

*Quants Reign Supreme:
#injective Quants, a unique NFT collection and meme token that burns $INJ , captured the top spot in the Mitofinance launchpad competition based on community voting.

*Trust #Wallet Joins the Ranks:
The popular Trust wallet, boasting over 60 million users, has officially become a validator on Injective. This is a significant development as it bolsters the network's security and decentralization. Stake your tokens and delegate to Trust wallet directly from within the platform.

*Milestones Achieved, Growth Continues:
#injective. surpassed 400 million on-chain transactions and reached over 300,000 active wallet addresses, demonstrating robust user engagement and network activity.

*Dojo pool is live and now tradable on coinhall with an impressive $3.9 million TVL and $4.32 million 7-day volume, further expanding its reach and accessibility.

Last but not least, Helix, the cross-chain margin exchange on Injective, achieved a remarkable 16 billion cumulative TVL.
For more info, visit @ Injective.com

INJ, the native token that fuels the Injective blockchain.

$INJ is currently trading at $35 with a 24hr trading volume of 1.12B. it's one of the tokens with great potential you should have your eyes on in 2024.

$INJ is more than just a token on Injective; it's what powers the entire ecosystem. It serves a diverse range of functions, empowering users and developers alike.

Let's Delve Into Its Key use cases:

1.Governance: As an$INJ holder, you can vote on crucial decisions shaping Injective's future, including upgrades, fee structures, and more.
You can also vote and participate in other key decision-making processes on the Blockchain.

2. Fee Value Capture: INJ is burned every week via the burn mechanism. so, 60% of dApp fees are used in the buy-back-and-burn auction, making INJ deflationary and potentially increasing its value.

3. Network Security: INJ secures the Injective blockchain through Proof-of-Stake (PoS), rewarding validators and delegators for their contributions. You can as well stake your INJ and contribute too to the network's security, earning rewards in the process.

4.Developer Incentives: 40% of dApp fees is used to incentivize developers to build and maintain applications on injective, further enriching the ecosystem

As a developer, this means that, you can develop and maintain dApps on Injective and earn a share of 40% developer in incentive pool. Build and earn 🏠 💰

5.Staking: Users can earn passive income by staking $INJ , promoting long-term commitment and a stable community.
For passive income, get and stake INJ and earn with a whooping 17% APR.

INJ is what fuels the injective ecosystem, serving as a medium of exchange, DeFi participation and a host of other stuff on the Blockchain.

To learn more about Injective, the fastest and cheapest L1 blockhain built for finance, visit
Website: https://injective.com/

Stake INJ: hub.injective.network/staking

Guide to stake: https://blog.injective.com/en/injective-hub/

#INJ #Injective #cryptocurreny #finance