$INJ
TP1 hit.

#INJburn #INJ/USDT📈 #CryptoMarketMoves #SuccessfulSignal #writetoearn

Much over 11,000 $INJ tokens were burnt within the last 7 days on @injective 🚀

This what every coin holder wants.

Bullish and hardworking team making every impossible possible.🔥

#INJburn #İNJ #INJ/USDT📈 #INJTECTIVE #USNonFarmPayrollReport

$INJ WATCHING FOR CONTINUATION TOWARDS $35 💵💵

#INJburn #altcoins #BullRunAhead

#inj is going to burn close to 6mil tokens by the end of this week. Im holding on tightly! #INJburn

The 150th @Injective burn auction was successfully held

A total of 11,700 $INJ has been burned, this burning process creates deflationary pressure on the supply of #INJ tokens, which can have the effect of increasing the value of the remaining tokens.

#Injective #INJburn

Don't sell crypto panick this is bear trap. If you are already know what people are doing these days.
$SOL $ETH $BTC #INJburn

🔥Exciting news from Injective! Now, individual community members and entities can contribute to the weekly $INJ burn auction, marking a major enhancement in the protocol's development.
Details
👇

https://medium.com/@mudasar.mms/injectives-latest-burn-auction-enhancement-empowering-community-and-driving-decentralization-f135b1e3f2bb…
#Injective #INJburn

$INJ / $USD - Update

FULL SEND PENDING

#INJburn #INJ/USDT📈 #INJTECTIVE #BTC_Bounce_Back_to_57k #Ton_Coin_Surge

$INJ I think this coin has massive community support and massive potential to do this
#INJburn
#INJPUMP
#InjectiveFinance
#INJHeatmap
#btc

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.

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#InjectiveBurn #injenomics #INJburn

$INJ
Inj is trying To reach its Trend Line in daily time Frame After Successful Breakout And Retest we will see Massive Bullish Wave In It 🚀🚀
#INJburn #INJ/USDT📈 #Write2Earn!

$INJ Weekly Burn 🔥

Today, @Injective recorded a huge milestone with over 22k INJ burnt!

This is a testament to the ecosystem's growing activity and the community's support.

What does this mean?

The burn mechanism reduces the overall supply of $INJ tokens. Think of it as removing tokens from circulation permanently.

By decreasing the supply, the potential value of each remaining INJ token can increase over time, benefiting long-term holders.  
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Let's keep the fire burning Ninjas! 🔥

#InjectiveBurn #INJburn