Injective

Injective, a decentralized finance (DeFi) app platform, has shared exciting news that they plan to stake 50% of the total supply of INJ tokens. In a recent post on January 15, Injective highlighted the remarkable growth of its monthly staking protocol.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/01/Add-a-heading-1.png?fit&#61;900%2C300&amp;ssl&#61;1" />CryptosHeadlines Platform Has Launched its Native token <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">Get Waitlisted Now</a>As of January 14, over 47.7 million tokens are being staked, making up 47.7% of the total supply. The current Annual Percentage Rate (APR) is nearly 16%, specifically 15.96%. Over the past month, there has been a consistent rise in the total staking volume, coupled with an increase in new delegates <a href="https://cryptosheadlines.com/smart-contract-platform-joins-forces-with-cryptocurrency-atm-company/" rel="noopener noreferrer nofollow">joining the platform</a>.<h3 id="injective-s-staking-milestone-and-expert-insights">Injective’s Staking Milestone and Expert Insights</h3>In response to recent data, the Injective team has made a commitment to stake half of all available tokens in the <a href="https://cryptosheadlines.com/potential-for-dogecoin-doge-price-to-double-in-the-near-future/" rel="noopener noreferrer nofollow">near future</a>. Notably, a cryptocurrency expert, commenting on the post, highlighted the impressive growth of INJ’s staking share, underscoring its significance as a pivotal moment in the network’s decentralization journey. Should the protocol successfully surpass the 50% staked milestone, it holds the potential for profound implications for <a href="https://cryptosheadlines.com/xrp-token-holders-to-get-exclusive-airdrop-in-japanese-yen/" rel="noopener noreferrer nofollow">token holders</a> and an overall enhancement of the ecosystem’s security.<h3 id="injective-s-major-mainnet-update-and-hkvac-recognition">Injective’s Major Mainnet Update and HKVAC Recognition</h3><blockquote>Last week, Injective introduced a substantial mainnet update named Volan, with a focus on enhancing scalability, compatibility, and various additional improvements. Regarded by <a href="https://cryptosheadlines.com/terra-luna-classic-core-developer-updates-q3-proposal-anticipates-lunc-price-surge/" rel="noopener noreferrer nofollow">developers as one of the most significant updates</a> in the project’s history, Volan is anticipated to attract more users and accelerate the overall development of the Injective ecosystem.</blockquote>Adding to the positive developments, The <a href="https://cryptosheadlines.com/shiba-inu-shib-and-xrp-included-in-hong-kongs-virtual-asset-index/" rel="noopener noreferrer nofollow">Hong Kong Virtual Asset</a> Rating Agency (HKVAC) has included INJ in its latest list after recent index adjustments. Renowned for <a href="https://cryptosheadlines.com/fed-chair-signals-no-more-interest-rate-hikes-crypto-market-celebrates/" rel="noopener noreferrer nofollow">rating digital asset trading platforms and crypto market</a> indexes, HKVAC stands as a notable barometer reflecting ongoing shifts in the cryptocurrency market.<a href="https://cryptosheadlines.com/hedera-council-allocates-5b-hbar-for-network-growth/" rel="noopener noreferrer nofollow">Also Read: Hedera Council Allocates 5B HBAR for Network Growth</a>Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a>Follow Cryptos Headlines on <a href="https://news.google.com/publications/CAAqBwgKMLz3-wowvuzoAg" rel="noopener noreferrer nofollow">Google News</a>

Injective Plans to Stake 50% of Total INJ Supply

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