Injective is proud to be a signatory of a major Blockchain Association policy letter today alongside industry leaders like @coinbase and @Stripe.
We support advancing core tenets of the GENIUS Act to ensure that stablecoin regulation preserves lawful rewards and US innovation.
The $INJ Community BuyBack is heating up to accelerate INJ burns while also rewarding loyal ninjas.
This is the only token BuyBack program that not only reduces iNJ supply but also enables community members to earn a share of Injective's onchain revenue.
Here is a short guide that will walk you through how the buybacks work, how you can get whitelisted and how you too can start earning from the burns.
1⃣How does the INJ Community BuyBack work?
The Community BuyBack is a monthly onchain event that allows anyone to take part in Injective’s deflationary mechanism.
Participants commit INJ, and in return receive a pro rata share of the revenue generated across the Injective ecosystem. The INJ committed is then permanently burned, reducing the total supply of INJ.
This process rewards the community, increases scarcity of INJ, and aligns long-term value with ecosystem success.
2⃣Why was it built?
The motivation for upgrading from the Burn Auction to the Community BuyBack was to replace an outdated winner-take-all model and replace it with one that is more inclusive to active users of the network.
In an effort to ensure the event did just that, eligibility criteria for participation has been added.
3⃣What makes an address eligible for the whitelist?
Starting December, the INJ Community BuyBack whitelist criteria is determined based on users who interacted onchain with Injective ecosystem dApps, the Injective orderbook module as well as Ninja Pass holders. Specially, we analyzed addresses that had interacted onchain with Injective from September through November.
4⃣Why have an eligibility criteria?
This accomplishes a few goals:
🔸Ensures active community members have first rights to entry
🔸Aids in sybil resistance, preventing malicious actors from gaming a community-oriented event
5⃣How can I guarantee eligibility into the BuyBack?
Qualifying for any particular month WILL NOT automatically qualify you for the following month. For example, you may meet the eligibility criteria for December but that does not mean you will be selected for the January criteria. If it did, gaming opportunities would be obvious.
The best way to maximize your odds is to participate onchain across the Injective ecosystem and continue to be an active member in the Injective community. The Community BuyBack will always seek to prioritize and reward loyal and active ninjas across the community.
6⃣ Can I still join the Community BuyBack?
Yes! There is still over a week left to join this month's Community BuyBack.
Head on over to https://t.co/zULJaSJIaO to see if your address is eligible.
If it is, join before it’s too late because the spots do fill up very fast! If it’s not, do not worry as you will get another opportunity next month.
Injective is the home of:
💸 Assets:
Public Equities
Pre-IPO Stocks
Commodities
FX
Crypto
Corporate Bonds
🌀 Primitives:
Orderbook DEX
AMM DEX
Cross-Chain Bridging
Options
DeFAI
Yield Vaults
Lend/Borrow
Liquid Staking
Community BuyBack
All possible through $INJ.
The Injective era has begun.
The Injective EVM Mainnet is now live, bringing builders, users and institutions worldwide a revolutionary blockchain capable of real-time transaction speeds within a truly MultiVM network.
A new future of onchain finance starts now.
4 years ago, Injective produced its first block.
Today with our global community of ninjas, we approved the largest mainnet upgrade ever that unlocks new opportunities for builders, and users everywhere.
Together we will build a new future of finance that works for everyone.
🔥BREAKING: The Injective Altria Mainnet Upgrade Proposal (IIP-583) has officially passed!
$INJ stakers overwhelmingly voted in favor to launch the most performant EVM layer yet, with real-time transaction speeds and instant finality.
The new era of Injective is upon us.
The Injective EVM is built different with a multitude of primitives never seen before.
A core component of Injective’s MultiVM architecture is the all new MultiVM Token Standard (MTS) which enables any token to be utilized across multiple virtual machines with zero fragmentation.
This is truly a groundbreaking milestone for not only Injective but also all of crypto.
Why is MTS Important?
→ Seamless Interoperability: Tokens remain consistent across WASM and EVM environments.
→ Unified Liquidity: A single source of truth avoids liquidity fragmentation so the liquidity across the native CLOB can be accessed across both the EVM and WASM VMs on Injective.
→ Enhanced Developer Experience: Standard tools like Hardhat, Foundry, and MetaMask work out of the box; and tools such as these can be used to interact with all tokens across Injective regardless of VM.
→ Security & Efficiency: All token state is maintained in the core bank module, ensuring robust security.
The Web3 UX improvement of the century is coming to the world of EVM. Only on Injective.
A new wave of $INJ is fast approaching.
Either you can join the wave or watch us change the entire financial system from the sidelines.
The choice is yours.
From tokenization protocols to brand new perp DEXs for stocks to innovative prediction market platforms — very soon, you’ll be able to launch new onchain apps just by describing them.
🧱 iBuild. Powered by Injective.
An innovative new DeFi protocol on Injective, @Bswap_in , brings advanced DeFi tools to the masses.
With Concentrated Liquidity, Stable Curves, Custom Curves for any asset whether crypto, stocks, or FX - Borderless provides the edge.
Day 1 is right around the corner 1⃣
Kraken reinforces Injective’s validator network 🐙
@KrakenFX, one of the world’s leading crypto exchanges with some of the most liquid order books in the asset-class, now serves as a major validator supporting Pineapple’s (NYSE: $PAPL) $100M $INJ Treasury.
By leveraging Kraken’s institutional-grade validator, Pineapple strengthens the decentralized infrastructure purpose-built for finance. This complements Kraken’s existing support for INJ trading and staking, including secure qualified custody, integrated liquidity and structured product options.
With Kraken’s global scale, Pineapple’s innovation and Injective’s purpose-built financial architecture, we’re building the foundation for the next era of onchain finance. 🌐
Injective is lighting up the night sky in Las Vegas during Money 20/20, the largest fintech conference in America.
Builders, banks and institution can’t leave Vegas without seeing the promise of a brighter financial future for all.
The future starts here on $INJ