What is INJ?

_{Injektiv (INJ)What is it?}

Injective (INJ) is a decentralized, interoperable Layer-1 blockchain.
Built specifically to support advanced financial and DeFi applications.
With the use of the Cosmos SDK and the Tendermint consensus
Make Injective optimized for fast transactions
and enable a wide range of decentralized financial markets, including spot trading.
Derivatives trading, predictive markets and more. Latest upgrades of Injective such as Volan Mainnet
It has introduced real-world asset support (RWA), expanding capabilities.
Cross-chain via Inter-Blockchain Communication (IBC) Protocol
AND OPTIMIZE TOKENOMICS FOR EVEN MORE DEFLATION EFFECTS.

_{Blockchain nativo:}

Injective is a high-speed, interoperable Layer-1 blockchain
It is tailored for financial applications in the Web3 space, offering a plug-and-play module for developers.
Such as decentralized order books and real-world asset support (RWA)
This allows for a wide range of DeFi and financial-focused DApps.

_{Protokola Konsensus:}

Injective (INJ) uses the Tendermint Proof-of-Stake (PoS) consensus protocol, which is integrated via the Cosmos SDK.

_{Trilemma (Security, Speed, Scalability):}

Seguridad: Injective boosts safety by incorporating Byzantine Fault Tolerance (BFT) consensus
of Tendermint and Frequent Batch Auctions (FBA)

snelheid: Injective works with fast block time of only 0.65 seconds.
As one of the fastest blockchains in the industry, transactions are confirmed almost instantly.

Scalabilità: Injective modular design
Built on Cosmos SDK and high throughput (up to 25,000 transactions per second)
Supports scalability across various DeFi applications

_{Founder/Date Founded:}

Injective (INJ) was founded in 2018 by Eric Chen and Albert Chon, with Chen serving as CEO.
Taking advantage of a background in finance and computer science
Alongside experience in crypto research and blockchain strategy
Chon, who is a CTO, has a strong technical background in finance and engineering.
Along with the experience from the time he worked at Amazon, they together founded Injective Labs.
which is the entity that drives Injective's blockchain development, strategic partnerships, and growth.

_{Objective/Use Case:}

Injective (INJ) is a blockchain focused on the next generation of DeFi, tuned for speed.
Collaboration and security. The main objective is to empower decentralized applications.
Includes DEX, derivatives trading and financial markets using the Cosmos SDK and Tendermint consensus.
Enables Injective to support fast, low-cost transactions with instant results.
This allows cross-chain collaboration with networks such as Ethereum and IBC enabled chains.
Acquired Real-World Asset Integration (RWA): Recently
The platform has expanded to include real-world asset token conversions, enabling various assets.
For example, stablecoins backed by fiat currencies or stocks converted into tokens can be managed and traded on the chain.

_{Total supply/Limit or Unlimited:}

Injective (INJ) has a fixed maximum coin amount of $100 million, making it a finite asset.

_{Supply Deflation:}

Injective (INJ) has incorporated an advanced deflation model, which aims to significantly reduce the amount of coins in circulation.
Especially with the implementation of INJ 3.0, this upgrade further improves Injective's existing deflation structure.
With a 400% increase in coin burning under this model, all fees generated by the DApp on the platform.
It will be included in a weekly buyback and burn mechanism, which removes coins from circulation and increases the shortage of INJ over time.

_Source:

Whitepaper INJ

Imperator

docs.injective.network

injective.com

coinmarketcap

coingecko

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