Lets Take A Deeper Look⬇️
1. Universal Participation:
All dApps on Injective can now contribute to the INJ burn auction without limits on the amount of fees they choose to burn.
2. Evolution from Exchange Focus:
Originally designed for exchange dApps, the Token Burn Auction now includes a diverse range of dApps, including DeFi, lending, options, NFTs, gaming, and social finance.
3. Flexible Contribution:
dApps can allocate any percentage, even up to 100%, of their collected fees to the auction basket, fostering a more inclusive approach.
4. Revamped Developer Documents:
Updated instructions guide new dApps on how to directly contribute to the auction basket, promoting ease of integration.
5. Community Benefits:
The upgrade aims to amplify potential rewards for auctions and increase the amount of INJ tokens burned, fostering a more robust on-chain economy.
6. INJ 2.0 Significance:
Represents a commitment to an interconnected Web3 ecosystem, encouraging collaboration, innovation, and collective growth.
7. New Economic System:
$INJ serves as the native asset powering a diverse array of dApps, contributing to the creation of a robust and collaborative financial ecosystem.
8. Injective’s Dedication:
Reflects Injective’s dedication to building a thriving ecosystem, empowering the community, and pushing the boundaries of possibility in the crypto industry.
