Thread by @CryptoSeq

1/ Injective is a fully decentralised, front-running resistant, layer-2 exchange protocol enabling borderless finance by supporting margin trading, derivatives, and futures

Derivatives are the most heavily traded asset class globally worth quadrillions of dollars.
$INJ 🧵👇

2/ Currently there are numerous barriers within distinct layers of Decentralized Finance (DeFi), Centralized Finance (CeFi), and Traditional Finance (TradFi) which cause fragmentation and thus distort natural market dynamics.

3/ As an example, DeFi users on Ethereum cannot easily access the unique market exposure Polkadot DeFi applications may offer, while Chinese CeFi traders cannot access crypto markets easily, and US traders cannot easily gain exposure to Chinese equity markets.

4/ With @InjectiveLabs global derivatives platform, anyone can gain exposure to any market regardless of the locality or limitations of the underlying asset, thereby creating a truly borderless financial system.
medium.com/injective-labs…

5/ Whether it be trading Digital Assets, NFTs, Cross-Chain Yield Farming Derivatives, Currency / FX, Stock futures, Synthetic assets + more. New markets can easily be created that weren't possible before and all accessible to everyone without restrictions
medium.com/injective-labs…

6/ Injective have launched the world’s first yield farming derivative based off Yearn's Finance Vaults. Now anyone can earn chain agnostic yield with zero gas fees and a simple trading interface.
medium.com/injective-labs…

7/ Forex markets are the largest and most liquid asset markets in the world, but trading was largely restricted to traditional markets and centralized exchanges. Injective now allows provides access to those markets to everyone previously unable to access
medium.com/injective-labs…

8/ Although AMMs have gained traction with the launch of Uniswap. In both the traditional financial markets as well as the centralized crypto markets today, order books continue to dominate. Injective uses a decentralised orderbook because it’s more dynamic and capital-efficient

9/ From the early days of the project Injective have received backing from some of the largest institutional trading funds. Their aim is to bring an accessible platform not only to crypto enthusiasts but also to institutional traders.

medium.com/injective-labs…

10/ The Injective Chain is a high performance, 1 second finality, layer 2 chain that uses the EVM, with zero gas fees and trustless bridges to other ecosystems.

All components have been made fully decentralised and is community owned.
blog.injectiveprotocol.com/injective-exch…

11/ The $INJ token allows users to vote on project proposals regarding the futures protocol, exchange parameters, and protocol upgrades as well as staking rewards

INJ will be utilized as an alternative to stablecoins as margin and collateral for Injective's derivatives markets

12/ In some futures markets, INJ can also be used as collateral backing or insurance pool staking where stakers can earn interest on their locked tokens.

The Injective Chain is Proof of Stake and uses INJ to secure the chain.

medium.com/injective-labs…

13/ 60% of the trading fees of the exchange (0.1% for makers and 0.2% for takers) will undergo an on-chain buy-back-and-burn event to accrue value for INJ 🔥🔥

14/ Exchange fees collected from all trading pairs are aggregated over a set period of time and sold in batch to market makers who bid with INJ tokens. All proceeds from the auction will be burnt creating deflationary pressures 🔥

15/ Exchanges have shown how much can be made from trading fees. There is enormous potential with a decentralised platform without restrictions on markets being traded or borders, for retail and institutional investors + derivatives market worth quadrillions of dollars. $INJ 🔥