#injective $INJ INJ tokenomics revolves around its utility within the Injective Protocol ecosystem. Here are the key highlights:
- *Total Supply*: 100 million INJ tokens
- *Circulating Supply*: 99.97 million INJ tokens
- *Allocation*:
- Ecosystem Development: 36.33%
- Team: 20%
- Private Sale: 16.67%
- Community Growth: 10%
- Binance Launchpad Sale: 9%
- *Use Cases*: Governance, staking, and network fees
- *Deflationary Mechanism*: 60% of fees collected are burned, reducing token supply
This tokenomics model aims to create a self-sustaining ecosystem, incentivizing participation and driving growth .
@Injective DYOR .
