Thread by @NurBrks

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.