INJECTIVE is Deflationary Tokenomics and Governance (Token INJ)✅️🔥🚀
✅️The native token, INJ, is not only for paying fees but also serves as the value engine of the protocol. It is used for staking (securing the Proof-of-Stake network) and community governance.
✅️Its most notable mechanism is the weekly deflationary burn model: a significant portion of the fees generated by all dApps built on Injective is auctioned to be burned (destroyed), actively reducing the circulating supply and creating deflationary pressure for the asset in the long term.
