Hassan Maishera
On Thursday, the Injective team announced via X that it has launched the Injective Revenue Fund. The fund is a new initiative to grow Injective’s onchain revenue, fuel ecosystem innovation, and make $INJ more deflationary.
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 $10.63, down 5.7% in the last 24 hours.
