Injective Ecosystem: A Week of Tool Innovation, Transaction Exceeding 900 Million and Governance Advancement
📆Injective Ecosystem Weekly Report (August 26 - September 1)
🔸Major Progress
- Injective launches Remix Web IDE plugin: Simplifies the writing, testing and deployment process of smart contracts, which is an important milestone for the Injective ecosystem.
- New governance proposal IIP-429, dynamically reducing the supply of $INJ : Update inflation parameters to 63,072,000, reduce INJ inflation rate, and make $INJ one of the most deflationary assets.
- The total number of Injective transactions exceeded 900 million: the mainnet upgrade has increased transaction speed, reduced gas fees, and made the ecosystem more active.
- Chainlink Data Stream and INJ integration: Bring more efficient data flow and application scenarios to the Injective ecosystem.
- Fearless Wallet now supports inEVM network: Fearless Wallet users can switch seamlessly and freely explore the inEVM ecosystem.
🔹Other highlights
- Injective competes for Odaily FAT Awards annual project selection
- BlockBeats releases Injective x XION dialogue minutes on chain abstraction: XION provides meta accounts, signature abstraction and gas abstraction; Injective supplements tools and modules to simplify application construction.
♦️Summary
This week, the Injective ecosystem has made certain progress in tools, transaction volume, governance and ecological expansion: the Remix Web IDE plug-in was launched, which greatly simplified the development process of smart contracts; the IIP-429 proposal was passed, making $INJ further deflationary; the transaction volume exceeded 900 million, showing the high activity of the network; the integration with Chainlink improved the efficiency of data flow; at the same time, Fearless Wallet's support for inEVM expanded user choices.
Injective is constantly improving its ecosystem to provide better services for developers and users.