The Injective Trench Takeover is ON.
We're bringing the Injective and @solana trenches into one X Space tomorrow with @runupdotfun, @sproutsomefun, and @NinjaCatSF.
Friday, October 9 - 10:30 am ET / 14:30 UTC
Set a reminder 👇️
If you’re just exploring @injective ecosystem like me, I want to show you something I recently learned because this one is actually interesting.
$INJ recently launched its first ever Stockdrop, and I think the idea behind it is more interesting than the reward itself.
Here’s what matters:
→ You participate in the $INJ Community BuyBack and your committed $INJ gets permanently burned.
→ You still receive your pro rata share of ecosystem revenue from the BuyBack, so the Stockdrop is an extra reward, not a replacement.
→ On top of that, you get a chance to receive a tokenized stock on Robinhood Chain.
→ Stocks include names like $NVDA, $AAPL, $TSLA, $META, $COIN, $MSTR, $AMC and more.
→ Each participating address gets one Stockdrop chance, regardless of how much $INJ was committed.
→ More than 7.2M $INJ has already been burned through the Community BuyBack.
And guess what, this is the part I find so interesting.
Injective is starting to connect ecosystem revenue, $INJ deflation and tokenized real-world assets into one experience.
The ecosystem generates revenue, the community participates in the BuyBack, INJ gets permanently removed from circulation, and participants get another chance to earn an onchain asset.
So it’s not just burn $INJ and get a random stock.
It’s another way of making the community part of Injective’s financial ecosystem while creating more reasons to participate in the BuyBack.
And this is only the first Stockdrop.
More are coming for future BuyBack participants, so I’m really curious to see how this evolves as Injective’s tokenization ecosystem keeps growing.
Not a bad addition to the Injective flywheel imo.
This is the kind of adoption I like seeing.
A $27B group choosing Injective for its institutional validator and exploring tokenization, stablecoins and enterprise distribution is a pretty big signal.
$INJ is getting deeper into the real financial world.
NEW: Gulf Labs, part of Thailand's $27 billion GULF Group, has selected Injective to deploy its institutional validator and will collaborate with Injective across tokenization, stablecoins and enterprise distribution.
Institutional adoption for Injective is rapidly growing 👇
NEW: Gulf Labs, part of Thailand's $27 billion GULF Group, has selected Injective to deploy its institutional validator and will collaborate with Injective across tokenization, stablecoins and enterprise distribution.
Institutional adoption for Injective is rapidly growing 👇