Injective Hub is the main gateway to interact with network features, governance, staking, and weekly burn auctions.
Due to the many errors that occur each week regarding the number of tokens burned, in this post, we will focus on how to track the burn auction and take the correct number of completed rounds, including a look at how to use the site.
Dashboard
Visit Injective Hub, and connect your Injective wallet in the top right, when connected, you will see a dashboard that provides a comprehensive view of the Injective blockchain
You can see the token price, daily trading volume, market cap, and staking rewards, and track current block production.
Wallet
You will see all your assets in the wallet you have connected and you can also use it to send assets to another address and earn transactions on the network.
Staking
If you have previously staked $inj, you will see the number of tokens you staked, the accumulated reward, and the name of the validator.
You can also see the total number of tokens locked on the network, the number of validators, and some other details.
If you have not delegated tokens yet, you can select a validator below and delegate your tokens.
Governance
Injective is a decentralized network and its development requires community approval.
If you have a proposal for the development of the network, you can submit it and it will be voted on for approval or rejection.
Voting is available to $inj token holders and verifiers and there are some proposals available for everyone to vote on.
Action
This is the most important section in Injective Hub You can see all the details related to the weekly Injective Burn Auction
Here you will see the details of the current round:
- Total estimated value
- Time remaining until the end of the auction
- You can also participate in the auction
Every Wednesday the round ends and a new round begins.
Below you will see the total number of tokens burned from previous completed rounds and their value in US dollars (the value is not fixed and varies depending on the currency price).
Auction round number, end time, total coins burned during the round, their value in USD, and final bids in the auction.
Many people confuse a completed round with the current round, so be careful if you want to write about a completed weekly tour. Scroll down and select the last tour and view details to see the details.