(CoinDesk) Injective Unveils New INJ Tokenomics

By Sam Kessler

June 6: Injective, the Cosmos-based blockchain focused on decentralized finance (DeFi), has unveiled a new whitepaper for its INJ token. The paper introduces new details about the token's burn mechanism and deflation mechanics and offers an in-depth analysis of its technical architecture and supply schedule.

This article originally appeared on CoinDesk.

About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.