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Injective Community Approves the Proposal to Initiate the First Yearly Phase of INJ 3.0

Twitter icon  •  Published 1 day ago on January 6, 2025  •  Hassan Maishera

On Sunday, the Injective team announced via X that the governance proposal to begin the next phase of $INJ 3.0 has passed, with 99.99% of community members voting YES.

Injective Community Approves the Proposal to Initiate the First Yearly Phase of INJ 3.0

On Sunday, the Injective team announced via X that the governance proposal to begin the next phase of $INJ 3.0 has passed, with 99.99% of community members voting YES.

The new chapter of INJ 3.0 is live now to dramatically reduce the token supply, enabling INJ to become one of the most deflationary assets over time.

Injective is an open, interoperable layer-one blockchain for building powerful DeFi applications. Injective uniquely provides plug-and-play financial infrastructure primitives, such as a high-performance on-chain decentralized exchange infrastructure, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm. INJ is trading at $26.15, up 12% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.