#Injective a leading finance-focused layer-1 blockchain, has expanded its ecosystem with three new dApps: Gryphon Finance, Aeroscraper, and NexBit Network. Gryphon Finance enables liquid staking, leverage, and lending with synthetic versions of staked assets. Aeroscraper, a next-gen lending protocol, offers higher interest rates, lower fees, and flexible borrowing options, including AeroVaults for customized strategies. NexBit Network introduces a groundbreaking betting protocol with decentralized oddsmaking, peer-to-peer betting, zero fees, and a focus on transparency.
These dApps enhance Injective's role as a DeFi hub, offering innovative ways to interact with crypto assets. Gryphon Finance allows traders to stake INJ for rewards and liquidity. Aeroscraper empowers borrowers to amplify yields or hedge with staked INJ, while lenders earn interest. NexBit Network provides bettors with a cost-effective, transparent, and secure platform for decentralized betting. This development positions Injective as a leader in the evolving DeFi landscape, attracting a diverse user base.