Hassan Maishera
On Monday, the Injective team announced via X that the Injective Foundation is introducing the Injective Trench Treasury. It is a brand new initiative to directly support ecosystem projects that drive value to $INJ and the broader Injective community.
The Treasury will have two primary mandates.
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Back the teams building with INJ.
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Reward the ninjas who have loyally stood with Injective ecosystem projects, through new programs built specifically to give back to them.
The selection criteria are intentionally broad so the widest range of builders can qualify. Key parameters used to assess eligible projects include:
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Built with $INJ at the core
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Broad, organic holder distribution
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Real liquidity and sustained community activity
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Fair launch with no outsized team allocation
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Innovative tech and value accrual mechanisms
The trenches are where new users arrive, communities form, and the next generation of Injective builders gets its start. The Trench Treasury exists to recognize and accelerate that culture.
Injective also provides a next-generation, highly interoperable smart contract platform based on Wasm 2.0, with advanced interchain capabilities. Injective utilizes a custom implementation of the Tendermint Proof-of-Stake consensus mechanism, providing instant transaction finality with lightning speed – sub-second block times (0.6s) while sustaining enormous throughput (25,000+ TPS). Injective is currently also leading new forms of innovation across a number of verticals, such as its pioneering work to integrate artificial intelligence with on-chain finance.
Injective has achieved a historic milestone of over 1 billion transactions to date, with one of the fastest chains built to date. The Injective ecosystem includes 100+ projects and over 500,000 community members globally. Injective was originally incubated by Binance and is also backed by a group of prominent investors, including Pantera Capital, Jump Crypto, and Mark Cuban.
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 $7.68, up 1.3% in the last 24 hours.
