Injective

$9.5022
12.00%
Injective Logo

INJ

$9.5022
12.00%
BPINJBEP20BNB0xa2b726b1145a4773f68593cf171187d8ebe4d4952020-10-19
BPINJBEP2BNBINJ-FAE2020-10-19
INJERC20ETH0xe28b3b32b6c345a34ff64674606124dd5aceca302020-10-17
INJIBCATOMinjective2021-06-30
Injective is a layer-1 blockchain designed for decentralised finance, offering pre-built modules and interoperability for advanced financial applications. INJ, its native token, supports governance, staking, and transaction fees. Developed by Injective Labs, the platform also integrates AI capabilities for autonomous and data-driven applications.

Injective is a high-performance, interoperable layer-1 blockchain optimised for building decentralised finance (DeFi) applications and Web3 financial systems. The network provides developers with pre-built, customisable modules, such as exchange primitives, CosmWasm smart contracts, and oracle integrations, enabling the creation of complex and dynamic financial applications. Its infrastructure is designed to address scalability, security, and cost-efficiency, offering low transaction costs and fast block times.

Injective also supports cross-chain interoperability, enabling seamless integration with other blockchain networks. This functionality allows assets, data, and applications from multiple ecosystems to interact within Injective, making it suitable for decentralised exchanges, derivatives trading, and other financial protocols.

INJ is the native cryptocurrency of the Injective blockchain, and it serves several key purposes:

  • Governance: INJ token holders can propose and vote on changes to the protocol, including upgrades and economic adjustments.
  • Staking: Validators stake INJ to secure the network and validate transactions, earning rewards in return.
  • Transaction Fees: INJ is used to pay for transaction fees within the network, offering cost-effective operations for users and developers.
  • Burn Auctions: INJ is used in deflationary mechanisms, such as token burns, which are linked to on-chain activity and governance proposals.
  • Ecosystem Participation: INJ enables access to DeFi applications built on Injective, including decentralised exchanges and financial products.

Injective supports artificial intelligence (AI) applications by providing a blockchain infrastructure that can host decentralised AI agents, smart contracts, and data analytics tools. This includes:

  • AI-Powered Applications: Developers can leverage Injective’s CosmWasm smart contract layer to build AI-driven dApps for financial modelling, predictive analysis, or automated trading.
  • On-Chain AI Agents: Injective recently launched an SDK for creating on-chain AI agents, which operate autonomously within decentralised applications.
  • Data and Interoperability: The network’s cross-chain compatibility enables access to datasets and AI tools from other ecosystems, supporting distributed AI processing.
  • Efficiency and Cost: Injective’s high-performance infrastructure minimises transaction costs, making it suitable for AI applications requiring frequent on-chain interactions.

Injective was founded by Eric Chen and Albert Chon in 2018 based in New York, United States.
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