Injective Protocol to Hold Token Burn in December
2024-12-06


Injective Protocol will host the next token burn in December.
 Refer to the official tweet by INJ: 
Over $350,000 in $INJ was burned forever today 🔥
As protocol revenue on Injective continues to rise, so does the token burn auction. One positive feedback loop that puts power into the hands of the community.
See you in a few days for the next burn!
INJ Info
Injective Protocol is a decentralized exchange (DEX) protocol built on the Cosmos SDK, offering advanced cross-chain trading capabilities.
Key features of Injective Protocol include:
1. Decentralization: On the Injective platform, users have full control over their funds, with no third-party intervention.
2. Cross-chain trading: Injective supports trading between different blockchains, providing users with a wide range of tradable assets.
3. High performance: Injective utilizes the Tendermint consensus system, ensuring high throughput and low transaction latency.
4. Gas-free transactions: Users can trade without the need to pay gas fees.
INJ is the native token of Injective Protocol. The token is used for protocol governance, staking, and participation in voting processes that address key protocol upgrades and management decisions.