INJECTIVE WEEKLY RECAP

By Medium September 11, 2023 In Blockchain, CertiK, Injective, Trading

INJECTIVE WEEKLY RECAP

INJECTIVE WEEKLY RECAP

Here is a weekly recap of Injective for the week of September 5-11, 2023:

* Injective Launches New Tokenomics Upgrade :

Injective Labs announced the launch of its largest tokenomics upgrade yet, which can dramatically increase the amount of INJ burned weekly. Now all dApps built on Injective can contribute to the $INJ burn auction with no limit on how much they can burn. This upgrade is expected to significantly reduce the INJ supply, making it more scarce and valuable.

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INJECTIVE LAUNCH NEW TOKENOMICS UPGRADE

* Injective Partners with Certik :

Injective Labs partnered with Certik, a leading blockchain security firm, to audit its codebase. This partnership will help to ensure the security and reliability of the Injective protocol.

INJECTIVE PARTNER WITH CERTIK

* Injective Attends Consensus 2023 :

The Injective team attended Consensus 2023, the world’s largest blockchain conference. The team met with over 20 partner projects to discuss future collaborations and integration opportunities. Injective also gave a presentation on its platform to a large audience of attendees.

INJECTIVE ATTENDS CONSENSUS 2023

* Injective Launches New Derivatives Trading Platform :

Injective Labs launched a new derivatives trading platform called Injective Futures. The platform allows users to trade a variety of derivatives contracts, including futures, options, and swaps. Injective Futures is currently in beta testing, but it is expected to be released to the public soon.

INJECTIVE LAUNCHES NEW DERIVATIVES TRADING PLATFORM

* Injective Integrates with Cosmos Hub :

Injective Labs integrated its protocol with the Cosmos Hub, a major layer-1 blockchain. This integration allows users to trade Cosmos-based assets on the Injective platform.

INJECTIVE INTEGRATES WITH COSMOS HUB

These are just a few of the highlights from the past week in Injective. The project is continuing to grow and develop at a rapid pace, and it is poised to become a major player in the decentralized finance (DeFi) space.

Here are some additional details about each of the news items:

* Injective Launches New Tokenomics Upgrade: The new tokenomics upgrade allows all dApps built on Injective to contribute to the INJ burn auction with no limit on how much they can burn. This means that the amount of INJ burned each week could potentially increase significantly. The upgrade also introduces a new mechanism called “Injective Gravity,” which allows INJ to be burned from other blockchains.

* Injective Partners with Certik: The partnership with Certik will help to ensure the security and reliability of the Injective protocol. Certik is a leading blockchain security firm that has audited some of the biggest projects in the space, including Binance Smart Chain and Terra.

* Injective Attends Consensus 2023: The Injective team attended Consensus 2023, the world’s largest blockchain conference. The team met with over 20 partner projects to discuss future collaborations and integration opportunities. Injective also gave a presentation on its platform to a large audience of attendees.

* Injective Launches New Derivatives Trading Platform: Injective Futures is a new derivatives trading platform that allows users to trade a variety of derivatives contracts, including futures, options, and swaps. The platform is currently in beta testing, but it is expected to be released to the public soon.

* Injective Integrates with Cosmos Hub: Injective Labs integrated its protocol with the Cosmos Hub, a major layer-1 blockchain. This integration allows users to trade Cosmos-based assets on the Injective platform.

I hope this helps!

THANKS FULLY FOR READING.❤️

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