Thread by @pepedzekichen

IT’S GAME TIME FRENS!

Injective, ticker $INJ, is trailblazing the new dawn of decentralized finance – mega thread 🧵

Injective is a custom interoperable Layer 1 protocol for building powerful exchange, DeFi, derivatives & Web3 applications

It was created using the Cosmos SDK and is able to achieve instant transaction finality while sustaining lightning fast speeds

By providing unparalleled access to financial markets, Injective is building a truly free, fair, and transparent economic system 🥷🙂

What's new and upcoming for @InjectiveLabs ecosystem?

New – Recently hired Marketing Director 👀, @Keplr wallet integration, $EVMOS bridge, Ecosystem developer support

Upcoming - Trading guilds, CosmWasm, Wormhole, Deeper liquidity and much more 😏

Current dApps on Injective chain:

- DEXs (that share on-chain decentralised orderbook trade assets cross chain & perps (unlimited markets can be proposed through governance,
- Frontrunner sports betting app (soon) and many more…

dApp options really are unlimited here 😉

Injective Ecosystem:

You can explore the ecosystem in its entirety here: injective.com/ecosystem

Ecosystem developer support:

There are a lot of grant proposals currently being explored and discussed in order to further benefit the vast Injective ecosystem

https://twitter.com/InjectiveLabs/status/1526412738565578752?s=20&t=k2IazWjqKibuzDiDCZW82g

gov.injective.network/discussions/Gr…

Moving your funds onto Injective Chain:

@Binance just recently enabled native Injective Chain withdrawals for $INJ token (very fast speed and very low fees), so you don’t have to deal with expensive eth gas fees any longer

@Wormhole imminent

https://twitter.com/wormholecrypto/status/1529526797456621570?s=20&t=7wX4qn0W7471CzprwRXLoQ

Injective Hub:

Main dashboard that provides users with the overview and functionality they need to make the most of the Injective Protocol.

hub.injective.network

Staking:

You can stake your $INJ bags with different validators, some have 0% commission like @QuineOrman and @BlockNgine

Even if a validator stops being active, you do not lose your coins, you can just delegate your stack with others 😌

Current apr is 12.95%

Tokenomics:

Total supply: 100M. More than half of it is already in circulation

Mint: $INJ staking rewards

60% of all collected exchange fees burnt forever.
Lower $INJ price = Greater burn – 0.5M tokens are already gone forever

Big volume = big burn = big price 🚀🪐

Auction:

Token holders bid on baskets of tokens that have been accumulated from exchange trading fees

Highest bidder’s $INJ tokens get eliminated from circulation forever 🔥⛽️

medium.com/injective-labs…

hub.injective.network/auction

Do you like to party? 🎉😁

Well, if you said yes then I’ve got very great news for you 🏝️🥳

Hawaii party awaits all the #nINJas that devote their time to research the depths of @INJ_Dojo community

If you said no, no problem really, but it won’t be the same without you in Hawaii fren 🤷

Price feed oracles:

Currently utilized are Coinbase and Band oracle, Chainlink oracle is awaiting to be implemented soon and some next ones are work in progress as well

More oracles mean more potential market opportunities (more $INJ to be burned)

blog.injective.com/what-is-a-cryp…

Insurance funds:

On Injective there is an isolated fund for each derivative market launched where users can deposit their collateral in exchange for insurance pool tokens

Stakers gain profit if positions get liquidated above the liquidation price

But there is also a risk where positions get closed below liquidation price which means that the price difference will get compensated with insurance fund money

blog.injective.com/the-injective-…

Governance:

You can participate in governance discussion and proposals here:

Commonwealth forum - gov.injective.network

INJ Governance group on telegram – you can ask for an invitation

INJ governance discord channel - discord.gg/fQ23Sqy46h

You can view all the active proposals here:

hub.injective.network/governance
twitter.com/InjectiveGov

Building on Injective Chain:

injective.com/developers/

Community channels 🤗:

INJ Dojo - t.me/INJtrading // discord.gg/2cSswKKjqv

Injective Español - t.me/InjectiveSpani…

인젝티브 프로토콜 코리아 - t.me/Injective_Korea

Injective官方中文群 – t.me/Injective_Chin…

Injective Türk - t.me/InjectiveTurki…

Random useful links

hub.injective.network/faq
gov.injective.network
chain.injective.network
hub.injective.network/auction
explorer.injective.network

That's it from my side, if you liked it and found it useful you can share it with your crypto frens and buds

And if you have any questions you can leave them down below ☺️

Imminent

☮️