Back to News

INJ 3.0 is Coming to Injective Soon

Twitter icon  •  Published 1 week ago  •  Hassan Maishera

The Injective team announced via X on Monday that INJ 3.0 is coming to the Injective blockchain soon.

The Injective team announced via X on Monday that INJ 3.0 is coming to the Injective blockchain soon. According to the team, the upgrade is set to make INJ the most deflationary asset to date.

The new proposal would directly reduce the supply of INJ at a rapid rate. The governance discussion is now live on the Injective forum, the team concluded.

Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $23.70, down by 5% in the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.