Injective

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Shiba Inu

Elon Musk

<ul>
 <li>INJ 3.0 introduces radical tokenomics overhaul for Injective’s native token.</li>
 <li>Proposal aims to make INJ the most deflationary asset, emulating Bitcoin’s scarcity.</li>
 <li>Timeline set for forum discussion, voting, and mainnet implementation.</li>
</ul>
<p><a href="https://injective.com/" target="_blank" rel="noopener noreferrer nofollow">Injective</a>, a leading blockchain for finance, <a href="https://gov.injective.network/discussion/17013-inj-30-the-ultimate-injective-tokenomics-upgrade" target="_blank" rel="noopener noreferrer nofollow">announces INJ 3.0</a>, a groundbreaking upgrade aimed at revolutionizing tokenomics. Since its inception, Injective has surged as a premier blockchain for financial services, fueled by its <a href="https://cryptonewsland.com/injective-protocol-inj-achieves-new-all-time-high-at-42-stays-bullish/" target="_blank" rel="noopener noreferrer nofollow">native token, INJ</a>.</p>
<p>With INJ serving <a href="https://cryptonewsland.com/injective-chooses-kava-native-usdt-for-its-perps-trading/" target="_blank" rel="noopener noreferrer nofollow">various functions within Injective</a>, including governance and staking, its importance cannot be overstated. Notably, Injective has continually reduced the supply of INJ through token burn auctions, with nearly 5.9 million INJ burned to date.</p>
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   <p lang="en" dir="ltr">INJ 3.0 is coming to Injective to bring the ultimate upgrade to Injective tokenomics, making <a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$INJ</a> the most deflationary asset to date.<br><br>The new proposal would directly reduce the supply of INJ at a rapid rate. The gov discussion is now live on the Injective forum. <a href="https://t.co/sdjaaq4iWt" rel="noopener noreferrer nofollow">pic.twitter.com/sdjaaq4iWt</a></p>— Injective <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f977.png" alt="🥷" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@injective) <a href="https://twitter.com/injective/status/1779873768845783362?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 15, 2024</a>
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<p>The upcoming INJ 3.0 proposes a monumental shift in Injective’s tokenomics, aiming to make INJ the most deflationary asset in the crypto space. This entails reducing on-chain parameters to curtail INJ minting, enhancing its scarcity and value proposition. Drawing inspiration from Bitcoin’s sound money principles, this proposal seeks to emulate its disinflationary nature, setting an accelerated timeline for supply reduction.</p>
<p>The proposal outlines specific adjustments to inflation rate bounds and responsiveness to staking activity, designed to optimize tokenomics and ensure future sustainability. By emulating Bitcoin’s scarcity, INJ aims to attract investors and foster a resilient ecosystem. Additionally, enhanced emissions responsiveness ensures real-time adjustments to maintain equilibrium and security.</p>
<p>The journey towards INJ 3.0 commences with a governance forum discussion, followed by voting and implementation on the mainnet. With INJ 3.0, Injective embarks on a transformative journey towards creating the most robust deflationary asset, aligned with its long-term vision of fostering a sustainable and rewarding ecosystem.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24INJ&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$INJ</a> 3.0 Timeline<br><br>April 15: Gov forum discussion started<br>April 19: Gov proposal voting begins<br>April 22: Final governance result<br>April 23: INJ 3.0 is implemented on mainnet if the proposal is passed</p>— Injective <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f977.png" alt="🥷" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@injective) <a href="https://twitter.com/injective/status/1779931868948988240?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 15, 2024</a>
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<p>In detail, April 15, 19, 22, and 23 stand out as prime dates for this transition as explained in the post above. Through INJ 3.0, Injective paves the way for a new era of tokenomics, marking a significant milestone in its evolution as a leading blockchain platform.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/injective-protocol-inj-achieves-new-all-time-high-at-42-stays-bullish/" rel="noopener noreferrer nofollow">Injective Protocol (INJ) Achieves New All-Time High at $42, Stays Bullish</a></li>
 <li><a href="https://cryptonewsland.com/algotech-algt-emerges-as-a-market-gainer-despite-huge-drops-on-injective-inj-and-monero-xmr/" rel="noopener noreferrer nofollow">Algotech (ALGT) Emerges as a Market Gainer Despite Huge Drops on Injective (INJ) and Monero (XMR)</a></li>
 <li><a href="https://cryptonewsland.com/injective-chooses-kava-native-usdt-for-its-perps-trading/" rel="noopener noreferrer nofollow">Injective Chooses Kava Native USDT for its Perps Trading</a></li>
 <li><a href="https://cryptonewsland.com/renowned-xrp-advocate-backs-elon-musk-and-mark-cubans-fight-to-overhaul-sec/" rel="noopener noreferrer nofollow">Renowned XRP Advocate Backs Elon Musk and Mark Cuban’s Fight to Overhaul SEC</a></li>
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<p>The post <a href="https://cryptonewsland.com/injective-unveils-inj-3-0-explore-the-ultimate-tokenomics-overhaul/" rel="noopener noreferrer nofollow">Injective Unveils INJ 3.0: Explore the Ultimate Tokenomics Overhaul</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Injective Unveils INJ 3.0: Explore the Ultimate Tokenomics Overhaul

Crypto News Land

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