Injective, a blockchain platform supporting decentralized finance (DeFi) applications, has unveiled a governance proposal for the release of INJ 3.0. The proposal aims to make $INJ a prominent deflationary asset in the crypto market. The plan includes reducing the token supply through improved burning mechanisms and supply reduction strategies. The proposal aligns with Injective's commitment to building a high-value and sustainable ecosystem. If approved, the measures will solidify Injective's position as a leader in deflationary cryptocurrency economics. The execution of the deflationary model will occur in phases throughout the year, with features such as improved token burns and incentives for long-term staking. Injective expects significant development and ecosystem growth in 2025.



Other News from Today