Gas fees on @Injective are already low.
Now there's a proposal to make them fixed.
IIP-709 is up for governance, and $INJ stakers have a chance to vote on it.
Here's what you need to know.
A thread 🧵
Injective already has some of the lowest gas fees onchain. Our latest governance proposal (IIP-709) makes them predictable.
Fixed gas fees with lower latency. Fair & scalable onchain transactions for every user, trader and institution.
All $INJ stakers are eligible to vote 👇
Injective already has low fees.
Making them predictable could be another useful improvement.
Now it's up to governance to decide the proposal's outcome.
If you're an $INJ staker, go read IIP-709 and cast your vote. 🥷
Here's the part $INJ stakers shouldn't miss.
You're eligible to vote on IIP-709.
If you stake your tokens, this is your chance to take part in the decision instead of just watching the update happen.
There's more coming, including Stockdrop rewards and work on quantum-resistant upgrades.
Meanwhile, $INJ moved between $6.42 and $8.32 during the week.
A new whitepaper, growing partnerships, and more activity across the ecosystem.
Let's see what Injective brings next. 🥷
A lot happened around @Injective this week.
From Gulf Labs joining the network to over $1B in tokenized RWAs, there’s plenty to catch up on.
And we haven't even covered everything yet.
A thread 🧵
A few more things worth knowing
$INJ is now available to trade on X through Coinbase, Kraken, Gemini, and Webull.
Injective's ecosystem page lists over 270 apps, projects, and partners.
Helix also recorded $832M in weekly trading volume.
These updates change the user experience for retail traders across the @Injective ecosystem.
The new direct $INJ pairs and automated gas top-ups are now live and available to use on the platform.
Get started
https://t.co/BYE4IsqZl4
Trading on @runupdotfun just got simpler for the @Injective community.
A new feature update just went live, which upgrades how users manage assets on the platform.
Here is a breakdown of what these new updates mean for the $INJ network.
A thread
This auto-gas function prevents failed transactions.
You do not have to manually track minor gas balances or risk getting stuck mid-trade because your wallet ran out of network fee funds.
This setup removes a lot of the historical friction of moving between the @Solana and @Injective networks.
Just remember to keep some native SOL in your wallet to cover the basic network gas fees for the swap.
Learn more
Once the pair is set, enter the exact amount you want to trade.
Make sure to check the conversion rate, price impact and the estimated network fees listed on the screen before moving forward.
After checking the details, click swap and sign the transaction prompt directly inside your connected wallet.
Because it runs through Jupiter, the trade executes instantly on-chain.