🔥【INJ is very good! The supply reduction proposal is coming! 】
The Injective ecosystem has released the IIP-429 governance proposal, which has now entered the voting stage. The core goal of the proposal is to dynamically reduce the supply of $INJ to make it a more deflationary asset. If this proposal is passed, $INJ will become one of the most scarce and precious crypto assets on the market.
The background of the proposal stems from the Injective Improvement Proposal IIP-392, which was passed by the community earlier, which is an important part of the INJ 3.0 token economic upgrade. IIP-429 proposes to adjust the blocksPerYear inflation parameter to 63,072,000 to more accurately reflect the current block generation speed. This move will effectively reduce the inflation rate of INJ, thereby increasing its long-term value.
From my point of view, this adjustment is not only a major improvement in the token economy of the Injective project, but may also provide a reference example for other crypto projects. By continuously optimizing inflation control, Injective is expected to further consolidate its position in the market in the future and bring greater confidence to holders.
Now, INJ stakers and validators will have 4 days to vote on this key proposal. Every vote of the community will directly affect the future development direction of INJ. Everyone who has voting rights can vote now. $INJ
