On July 1, Injective will hold a token buyback event for the community.
Information about INJ
Injective Protocol is a decentralized exchange (DEX) protocol built on the Cosmos SDK, offering enhanced cross-chain trading features.
Key features of the Injective Protocol:
Decentralization: on the Injective platform, users fully control funds—third-party interference is excluded.
Cross-chain trading: Injective supports trading between different blockchains, giving users access to a wide range of tradable assets.
High performance: Injective uses the Tendermint consensus system, which provides high transaction throughput and low transaction latency.
No gas fee: users can trade without having to pay a gas fee.
INJ is the native token of the Injective Protocol. The token is used for protocol governance, staking, and participation in votes where key protocol update and management issues are decided.