Weekly Overview: Exciting Developments at Injective 🚀
This week has been marked by a series of thrilling developments at Injective, showcasing the platform's commitment to innovation and growth. Let's delve into the highlights that have captivated the Injective community! 🎉
Governance Proposal: INJ 3.0 🗳️
Injective's governance proposal for INJ 3.0 is now live, presenting the largest upgrade to INJ's tokenomics yet. If approved, this proposal will transform INJ into one of the most deflationary assets in existence. INJ stakers and validators have a crucial role to play by voting for IIP-392 within the next four days. 📈
Strategic Partnership with Jambo 🦁🥷
Injective is thrilled to announce a strategic partnership with Jambo, combining Injective's ecosystem of DeFi products with Jambo's platform to enhance financial access worldwide. This partnership heralds significant advancements in the realm of decentralized finance, with exciting developments on the horizon. 🌐
Milestone Achievement: Neptune Finance 🚀
Neptune Finance has crossed a monumental milestone, surpassing $10 million in total value locked (TVL). This achievement underscores Neptune Finance's growing prominence within the DeFi ecosystem, signaling robust growth and adoption. 💼
Ninja Masters Ambassador Program 2.0 🥷
The Ninja Masters ambassador program 2.0 recently went live, offering more opportunities and exclusive rewards to participants. With over 200,000 ninjas already enlisted in the program, it represents a thriving community dedicated to advancing Injective's mission. 🤝
Thought Leadership: Blockchain Trilemma Solutions 🎤
Achilleas Kal recently participated in a panel discussion in Dubai, exploring solutions to the blockchain trilemma for the public good. Injective's commitment to addressing this challenge is evident through initiatives such as Real-World Assets (RWAs) and more, signaling a forward-thinking approach to blockchain innovation. 💡
OKX Ecosystem Festival Wave 2 🔥
The OKX x Injective Ecosystem Festival Wave 2 is now live, offering participants the opportunity to explore different dApps on the Injective network and earn rewards. Join the Injective community to unlock exciting rewards and become a true Ninja Master! 💰
Injective x Omni Foundation Collaboration 🤝
Injective has collaborated with Omni Foundation, offering 1,585 addresses holding Premier Ninjas eligibility for the OMNI airdrop. This collaboration underscores Injective's commitment to fostering partnerships that drive value and growth within the ecosystem. 🌱
Integration with Neptune Finance 🔄
The proportion of hINJ in Neptune Finance's total market collateral has exceeded 62%, amounting to $4.62 million worth of collateral. This integration highlights the growing synergy between Injective and Neptune Finance, further enhancing liquidity and utility. 💧
Gas Compression and Lightning-Fast Transactions ⚡️
Injective introduced Gas Compression earlier in 2024, enabling transactions to incur effectively zero cost. With lightning-fast block times and incredibly low transaction costs, Injective is revolutionizing the DeFi landscape, offering unparalleled efficiency and scalability. 📉
On-Chain Transactions Milestone ✨
Injective achieved a significant milestone with 555 million on-chain transactions, underscoring the platform's robust infrastructure and growing user base. 📊
NinjaBlazeApp Mainnet Launch 🚀
NinjaBlazeApp, a GameFi project on Injective, has officially launched on mainnet. Leveraging the power of blockchain technology, NinjaBlazeApp prioritizes trust and integrity, offering users an immersive gaming experience. 🎮
Thought Leadership: L1s in 2024 🎤
Justin Wu participated in a roundtable session in Hong Kong, discussing the landscape of Layer 1 blockchains in 2024 alongside members from Solana Foundation, BeraChain, and more. This insightful discussion shed light on the future trajectory of Layer 1 protocols. 🌏
INJ Burn in March 🔥
During the month of March, over 25,000 INJ was burned, highlighting Injective's commitment to tokenomics and value accrual for its community. 💸
Summary:
Injective has witnessed a whirlwind of activity this week, with groundbreaking partnerships, milestone achievements, and thought leadership initiatives shaping the future of decentralized finance. From governance proposals to strategic collaborations, Injective continues to push the boundaries of innovation, driving growth and adoption within the DeFi ecosystem. 🚀
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