Bullish on @Plume - RWA Chain ,@WalrusProtocol & @virtuals_io to all get listed 💪🔥
let's have it !
Binance Square Official
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We now invite users to participate and vote on the second batch of Vote to List projects. The projects below are ranked according to the order of the official announcement.
How to Vote: - Each user can vote for up to 5 projects, with the option to vote for fewer if desired. Each verified account can only allocate one vote for one project. - Users must be logged in to their verified Binance accounts and hold a minimum of at least 0.01 BNB in their master accounts throughout the Voting Period for their votes to be eligible.
Vote Period: 2025-04-02 13:30 (UTC) to 2025-04-09 23:59 (UTC)
Disclaimer: While we value and will take into consideration the vote results, they are for reference only and do not determine any decision or action Binance may or may not take. Monitoring of the project is still undergoing evaluation, and the decision will be determined by Binance based on our official review processes and standards. Project description is for reference only.
More details: [[T&Cs and Disclaimers].](https://www.binance.com/en/support/announcement/8c015531bfc34ac3bebfc15b939e4647)
Ultimately, the current financial system is broken.
We've all been there.
We've all been charged outrageous gas fees, forced to endure painfully slow transaction times, and, at some point, locked out of our own accounts with no explanation.
The world needed a change.
The blockchain ecosystem needed a savior—a messiah—someone who would rise like a phoenix from the ashes, ready to rescue it from the peril that had already eaten deep into its core.
Ethereum, once hailed as the foundation of decentralized finance, was now struggling under its own weight.
The cracks were glaring—network congestion, sky-high fees, and inefficiencies that turned what should have been financial liberation into yet another system of barriers.
This was the reality that demanded a solution.
A revolution was inevitable. And that’s where @Injective comes in…
In 2018, $ETH -based decentralized exchanges were plagued with inefficiencies—frontrunning, maximal extractable value (MEV) exploitation, and a severe lack of liquidity.
These flaws turned what was meant to be a decentralized financial innovation into a frustrating experience for traders.
The goal was clear: to create a frontrunning-proof, MEV-resistant decentralized exchange protocol that truly empowered users, giving them ownership and control over their finances and future.
But Injective didn’t just stop at fixing a broken system—it reimagined the entire foundation on which decentralized finance could thrive.
Unlike any other blockchain, Injective was purpose-built for finance, crafting an infrastructure designed from the ground up to optimize financial applications.
“Every single upgrade, every single integration, every single development, every single evolution for the Injective ecosystem is going to be geared towards financial applications. We are trying to address all these inefficiencies into a completely revolutionized and reshaped financial future.” — Eric Chen
Interestingly, Injective didn’t start out as a Layer 1 blockchain. The original vision was to build a more efficient and decentralized DEX protocol—one that would solve the glaring issues of its predecessors.
Initially conceived as a Layer 2 solution, the team soon realized that the only way to truly eliminate these inefficiencies was to build a blockchain from scratch, tailored specifically for financial applications.
What began as an ambitious attempt to fix decentralized exchanges evolved into something far greater—a blockchain designed to power the future of finance itself.
And now, with a solid foundation in place, the question remains…
What’s next for Injective?
Stay tuned for Part 2 of this write-up, where I will focus more on the future of Injective and the groundbreaking innovations yet to come.
Injective's $INJ Burn Auction Round #188 has reached a significant milestone, with an impressive 12,700 $INJ being burnt in this round alone.
This action has led to the permanent removal of an estimated $182,753 USD worth of INJ from the circulating supply.
▷Why is this important?
Token burns are a powerful mechanism in the cryptocurrency ecosystem, designed to decrease the total supply of a token, potentially increasing its value due to the basic economic principle of supply and demand.
Here's how the INJ Burn Auction impacts the Injective ecosystem:⤵
■ Scarcity: By reducing the total supply of INJ, each remaining token becomes scarcer, which can lead to an increase in value over time if demand remains constant or grows.
■ Investor Confidence: Regular burn auctions signal a commitment to maintaining and enhancing the value of $INJ, fostering trust and confidence among investors and users of the Injective Blockchain.
■ Ecosystem Health: A lower supply can contribute to a healthier ecosystem by ensuring that the token's value is propped up by genuine demand rather than an oversupply.
The $INJ Burn Auction is a step towards a deflationary token model, which is often viewed positively in the crypto space.
As @injective continues with its strategic burn auctions, the community watches with keen interest.
The reduction of supply not only aligns with long-term value accrual strategies but also positions $INJ for potential growth in the competitive DeFi space.
With each burn auction, the narrative around INJ becomes increasingly bullish.
Reducing the circulating supply while the blockchain grows in utility and adoption could lead to significant value appreciation, making INJ a token to watch in the DeFi sector.
It might suggest that the price is undergoing a temporary correction before potentially resuming the upward movement or rather represents a corrective rally before the price likely continues to decline.