Revolutionizing Injective's Tokenomics
Introduction to INJ 3.0
INJ 3.0 is a significant advancement in Injective's tokenomics, aiming to reshape the dynamics of supply and demand for $INJ. This strategic update seeks to create a sustainable economy by reducing the token supply, enhancing the value for participants in the Injective ecosystem.Key Features of INJ 3.0
1. Weekly Burns
Every week, a portion of the revenue generated by decentralized applications (dApps) in the Injective ecosystem is burned through the Burn Auction. As the revenue from dApps grows, so does the amount of $INJ that gets burned, reducing the total supply.2. Dynamic Inflation
The more $INJ that is staked in the network, the faster the supply decreases. Currently, over 50% of the total $INJ supply is staked, creating a deflationary effect that accelerates the burn rate.3. Adjustments to Supply Boundaries
INJ 3.0 introduces adjustments to the upper and lower bounds of the supply rate. This dynamic adjustment ensures that the token supply remains aligned with the growth and activity of the ecosystem, ensuring the long-term sustainability of INJ.Why INJ 3.0 Stands Out
With these mechanisms in place, $INJ is positioned as a unique asset in the digital economy:- A sustainable model that ensures continuous value creation.
- A demand-driven economy that responds to real-world interactions.
- A burn mechanism that systematically increases the scarcity of $INJ over time.
