Injective has announced a strategic collaboration with Arbitrum, the leading Layer 2 technology stack, to enhance inEVM's capabilities and expand its offerings within the Ethereum ecosystem. Lets know more⬇️
InEVM's Upgrade: By integrating Arbitrum's Orbit stack, Injective's inEVM has become more bespoke, providing users with a seamless, efficient, and cost-effective transaction experience.
A More Powerful inEVM: This collaboration offers a broader developer toolkit for inEVM users, previously only available in the Ethereum L2 ecosystem, making inEVM more powerful and accessible.
Arbitrum's Core Offerings: Arbitrum provides a suite of Ethereum scaling solutions, including Arbitrum Orbit, which enables projects to establish their own Rollup and AnyTrust chains, forming the foundation for inEVM's layer 2 solutions.
A Unique Developer Experience: inEVM combines the best of both worlds, offering the same familiar dev tooling found on Ethereum, such as Hardhat and Foundry, while retaining the lightning-fast speeds and low fees on Injective.
INJ as Native Gas Token: inEVM utilizes INJ as its native gas token, a unique feature unheard of in the world of L2 rollups, further enhancing the user experience.
Participation in Burn Auction: inEVM transactions can qualify for Injective's Burn Auction, which systematically burns a percentage of all protocol fees, capturing protocol value for all users and offering benefits to participants across the ecosystem.
A Seamless Platform for Cross-Chain Compatibility: inEVM connects Ethereum, Injective, and Cosmos, enabling cross-chain compatibility and fostering a more interconnected blockchain landscape.
A Step Towards Decentralization: As Injective bridges the gap between Ethereum, Cosmos, and other L1s, it advances its mission in creating a more democratized financial future through decentralization.
Empowering Developers and Users: This collaboration opens up a myriad of possibilities for developers and users alike, enabling the seamless transfer of assets and liquidity across disparate blockchain networks.
10. A Commitment to Sustainability: By enhancing transaction processing efficiency and offering a user-friendly and economically sustainable ecosystem, Injective and Arbitrum solidify their commitment to the future of decentralized finance.
