1. What is Injective?
@Injective_ is an interoperable Layer-1 protocol for building a variety of DeFi and Web3 applications. Smart contract-enabled applications on Injective are natively compatible with Ethereum and Cosmos IBC, while also enabling instant transaction settlement.
INJ is a native deflationary asset that powers the Injective protocol and its ecosystem, and has been listed on mainstream trading platforms such as Binance.
2. Financing As early as 2018,
Injective was incubated by Binance Labs and supported by Pantera. In August this year, Injective completed a $40 million financing led by Jump Crypto and participated by BH Digital (the crypto asset department of the famous hedge fund Brevan Howard). More details:
3. What are the products? As of now, Injective has over 91 million transactions on the chain, and the cumulative transaction volume of dApp has exceeded 7.2 billion US dollars. The main products include: ① Injective Pro: a cross-chain exchange built on inj
②Injective Hub: a unified platform for all DeFi products on inj, such as staking, wallets, cross-chain bridges, governance, and destruction auctions for the Injective community
③Injective Bridge: Injective Chain's cross-chain bridge, supporting Ethereum, Cosmos IBC-compatible chains, Polkadot (via Moonbeam) and will integrate with Wormhole to support cross-chain with more than 10 new public chains. ④Injective Explorer: An on-chain analysis platform that enables anyone to search for addresses, transactions, tokens, and other activities on Injective.
Here is a list of some of the ecosystem projects that have been built on Injective:
gift
ApolloDAO
White Whale
Frontrunner
Wavely
Aperture
Dexterium
INJDojo
Bitcorn Exchange
MarsX
Project X
Helix
Injective Punks
xAccounts
Qwerty Exchange
The Injective network has also received support from some leading validators, such as ChainLink DLT service provider MatrixedLink, DSRV, B-Harvest, Imperator, StakeLab, White Whale, and Informal Systems. Some well-known Cosmos KOLs have also started running Injective nodes, such as Danku and Stakecito, which will further attract the industry's attention to the Injective ecosystem.
inj is a cross-chain L1 protocol built for decentralized financial applications. It can access, create and trade DeFi markets. After completing a new round of financing, it aims to become the leading public chain for financial applications and vigorously build an ecosystem. Now may be the best time to ambush.
