Now that there's an ETF opportunity with $ETH , we're exploring related plays such as $LDO , $PENDLE, $Chess, $Fis, $FXS, $RPL, and more. Almost all LSD coins are experiencing significant increases.

Considering entering $SSV if it dips within the $16-$18 range for a potential 30%-50% swing on the spot, aligning with our short-term strategy.

#BTC #ETH #etf #BinanceBlockchainWeek #Web3Wallet

Why do you think that minting extra $INJ will dilute the price?

Do you ever believe in burning?

I know this is confusing but I want to explain the burning mechanism Injective has in place to control inflation.
I want to end this logic

Read through 👇
Injective have a global orderbook with a fixed tax in which exchanges who originate orders into the Injective global orderbook on Injective's exchange protocol are rewarded with 40% of the trading fee arising from orders that they source.
0.1% for makers and 0.2% for takers.
As a component of the official mainnet launch approved by the Injective community, 60% of the exchange fees collected within the protocol will undergo a weekly buyback and burn process managed through a community-led auction. Here's how the auction functions:

Once fees are accrued on Injective, they are made available for auction.

Let me use a simple example: let's say there is a pool of $100, consisting of $50 in ETH and $50 in WBTC.
Users can bid using only INJ
let’s say User "A" bids $90 in INJ and User "B" bids $95 in INJ

User "B" will win the bid with $95. Effectively, User "B" is able to own a $100 asset basket for only $95 which would potentially open up arbitrage opportunities.
The $95 paid in INJ will be immediately burned.

A new auction period will begin as soon as a burn is completed.

~~~~~~~~~~~~~~~
Tell me what you understand under the comment session.

$INJ $ETH #BTC #BRC20

INJ TOKEN
A Dip Into Injective Token

INJ is Injective's native staking token, allowing holders to govern and decide the future of the protocol. The token was released through Binance Launchpad, which marked its 16th project.

Here are some details from the October 2020 sale:
-->>Hard Cap: $3.6 million
-->Tokens allocated to Binance Launchpad: 9 million INJ, representing 9% of the total supply
-->Public sale price: 40 cents per INJ
-->Token sale format: Lottery
-->Max number of winning lottery : 18,000
-->Allocation Per Winning Ticket: $200 or 500 INJ
-->Supported sessions: BNB only

INJ Tokenomics
In addition to being used for governance and incentivize exchange DApps, INJ is also used for a few other purposes, including:

Proof-of-stake security: As noted, the Injective PoS blockchain is governed by its native INJ token. The initial supply is 100 million tokens and should increase over time through block rewards. The target INJ inflation is 7% at genesis and will decrease over time to 2%. Gradually, the total supply of INJ may be lower than the initial supply due to its deflationary mechanism.
Collateral backing for derivatives: INJ will be utilized as an alternative to stablecoins as margin and collateral for Injective derivatives markets. In some derivative markets, INJ can also be used as collateral backing or insurance pool staking where stakers can earn interest on their locked tokens.

INJ Token Performance
In November 2020, a month after its debut, the token was trading around the $0.75 level, giving Launchpad buyers a roughly 100% profit.
The price started climbing further, and by December 2020, it was around $1.50. Taking profits then may have been tempting, but those who did probably kicked themselves because the token soared to $16.8 on Feb. 19, 2021.

Many people may have sold at that level, and in the following month, and the price pulled back but never dipped below $10. Instead, INJ resumed its rally, reaching an all-time high of $24.89 on April 30, 2021.

$INJ is currently sitting at $14 as of the time of writing this article

$BTC $ETH

Exploring Injective: A Comprehensive Analysis of INJ

In this detailed analysis of Injective, we'll cover all the essential information about the company.

Headquarters: New York
Year Founded: 2018
Founders: Eric Chen and Albert
Chone
Native Token : INJ
Total Funding: $56.7 million

The Main Features of Injective Are:

-->CosmWasm Compatibility
-->Bridge
-->Staking
-->Burn Auction
-->Insurance Funds

Injective enables developers to create advanced applications through its pre-built modules, functioning as an open and interoperable smart contracts platform across multiple chains.

Injective leverages the Cosmos SDK and the Tendermint proof-of-stake consensus framework to ensure rapid transaction finality and seamless cross-chain transactions across major Layer-1 networks such as Ethereum and Cosmos Hub.

Injective focuses on user experience, offering efficient capital allocation tools and decentralized financial market access, with backing from significant crypto players like Binance.

Who Founded Injective?
Eric Chen and Albert Chon are the co-founders of Injective. Today, Chen is the CEO and Chon is the chief technology officer.

Interoperability
You can use the Injective Bridge to transfer assets in and out of Injective with the following blockchains:

Ethereum
Solana
Cosmos Hub
Osmosis
Evmos
Axelar
Moonbeam
Secret Network

STAKING
Injective operates on a proof-of-stake model with an APR of 15.98%, and more than $400 million worth of$INJ has been staked

BURN AUCTION
Burn Auctions on Injective incentivize exchanges to contribute to the platform, with the winning bidder receiving the trading fees collected for the week and contributing to the deflationary pressure on the INJ token supply.

INSURANCE FUNDS
Insurance Funds on Injective serve to cover deficits resulting from bankrupt positions during high volatility in margin trading, ensuring stability within the trading environment.
#BTC $INJ #sol #tia

Injective Price Live Data
The live Injective price today is $13.63 USD with a 24-hour trading volume of $91,843,894 USD. We update our INJ to USD price in real-time. Injective is up 1.25% in the last 24 hours. The current CoinMarketCap ranking is #44, with a live market cap of $1,141,787,924 USD.

$BTC $INJ
#tia #INJ/USDT #InjectiveProtocol #INJ

HALLOWEEN!! 💀🎃🎃💀

Halloween is coming in few days, Swift as the wind on Halloween night, the fastest ninja races through the haunted echoes, leaving a trail of enigmatic thrills and mysterious chills in their wake.

Enjoy seamless transactions on Injective
⚔️🥷⚔️

Buy $INJ and enjoy your Halloween 🎃
$INJ $ETH