🔥 Injective’s Token Burn Mechanism — A Game Changer

Injective isn’t just burning $INJ the usual way. Their weekly fee auction ties the ecosystem’s health directly to the token’s value. Here’s the breakdown:

💡 Every dApp on Injective—from DEXs to lending platforms—generates trading fees in assets like USDT, USDC, ETH.

💰 60% of these weekly fees go into a basket that’s auctioned off.

🏆 Anyone can bid, but the catch? Bids are paid in $INJ, and the tokens used are permanently burned.

The result? As the ecosystem grows and fees increase, the basket’s value rises, driving higher $INJ bids and more tokens burned—creating a deflationary loop.

Why it matters:

1️⃣ Direct link between ecosystem activity & token scarcity

2️⃣ Incentivizes participation with a basket full of valuable assets

3️⃣ Supports long-term sustainability by continuously reducing $INJ supply

This is next-level deflationary crypto in action. 🚀

#Injective #TokenBurn #DeflationaryCrypto #BlockchainInnovation

INJ
INJ
4.68
-5.83%
ETH
ETH
2,821.85
-4.19%