All you need to know about Injective(INJ)
Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications.
It is the only MEV resistant blockchain built specifically for finance. As the first sector-specific blockchain, Injective uniquely provides plug-and-play financial infrastructure modules, such as a high performance on-chain decentralized exchange module, decentralized bridges, oracles, and a composable smart contract layer with CosmWasm.
Injective (INJ) Tokenomics
Maximum supply of INJ tokens is 100m and circulating supply is currently 83.76m INJ as at today.
INJ is consistently being burned,with over 17k INJ burned in August alone.
How Does Injective(INJ) Work?
The INJ platform is community-driven, allowing for the full potential of decentralized derivatives and borderless DeFi.
Unique Features of Injective (INJ)
1.High Level of Confidence
The Injective Chain is a permissionless public blockchain network that allows any individual or organization to participate in consensus.
2.Resistant to Front-Running
On the Injective, there is no way front-running can take place. To acquire a pricing advantage, a predatory front-runner cannot alter the order filling procedure or intercept incoming orders.
3.Resolvable
The settlement logic can deterministically handle conflicting orders submitted in the same block (also known as trade collisions) and front-running.
4.Neutral Liquidity
The protocol does not impose any restrictions on accessing multiple liquidity pools and enables completely decentralized and trustworthy open exchanges.
5.MEV and Gas Fees Are Waived
Because Ethereum and the Injective Chain are linked via a bidirectional bridge.