#injective ($INJ ) is the native asset of Injective Protocol, a blockchain designed to create fast and fully interoperable decentralized financial (DeFi) applications.

@Injective is a layer 1 blockchain, built on the Cosmos ecosystem, focused on advanced DeFi, gasless trading, and high execution speed.

👉🏻 INJ Token Functions

1️⃣ Governance:

INJ holders vote on protocol decisions (updates, network parameters, etc.)

2️⃣ Staking and Security:

INJ is used for staking and securing the network through validators.

3️⃣ Utilities, it is used for:

🔸paying fees within the ecosystem,

🔸incentives for developers,

🔸burn mechanisms that reduce supply with network activity.

4️⃣ Collateral and DeFi:

INJ can be used as collateral in applications built on the network.