The multi-trillion dollar finance market on-chain? @Injective_ 🔥
It's the holy grail for every #blockchain and an L1 is about to make it possible with an institutional-grade experience.
This is how $INJ is disrupting the financial system and why you should care about it 🧵👇
1. What problem is $INJ addressing?
🔸Building institutional-level finance applications on the blockchain is a hassle due to the limitations of L1s.
🔸Options, order book-based derivatives, futures, etc., all need instant settlements, deep liquidity, and multi assets support.
2. Solution $INJ
🔸Injective provides infrastructure for cross-chain world-class financial modules.
🔸By $INJ allowing instant settlements, without any gas fees on different chains, @Injective_ is opening the gates of the multi-trillion dollar finance industry to #DeFi.
3. Crosschain capabilities $INJ
🔸Injective is built on Cosmos SDK, using the Tendermint consensus method.
🔸Also, Injective is interoperable with Polygon and Solana, and it's the first network in the Cosmos ecosystem natively supporting Ethereum smart contracts.
4. Ecosystem $INJ
🔸Injective is the home of the first-on-chain derivatives order book and home to various DeFi protocols and dApps.
🔸With industry leaders' support, Injective is supporting its ecosystem with a $150M ecosystem fund.
5. Institutions & $INJ
🔸Injective's secure infrastructure, transparent reporting, instant settlements, and robust financial modules make it a hub for institutional actors.
🔸Also, upcoming injective native RWAs will bring traditional finance liquidity into DeFi.
6. Use cases of $INJ
🔸 $INJ is used for governance, exchange value capture, liquidity mining, and staking.
🔸 $INJ can also be collateral for derivatives trading on Injective DEXs.
🔸️There is also a mechanism that makes $INJ extremely deflationary 👀
7. Deflationary Tokenomics of $INJ
🔸60% of fees collected from the #dApps on the Injective ecosystem is auctioned once every two weeks in exchange for $INJ and burned forever.
🔸Over 5.6M $INJ has been burned over 7% of the circulated supply to date.
8. Future of $INJ
🔸As more institutions come on board, activity on Injective's dApps and DEXs will be increasing.
🔸Already @HelixApp_ is growing rapidly and @astroport_fi joined to Injective ecosystem.
9. Bull Case for $INJ
🔸As activity grows a larger amount of $INJ will be removed from the market and subsequently burned.
🔸️When the real deflationary tokenomics starts kicking in, a supply shock will be inevitable, resulting in the surge of $INJ price.
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