2026-01-20 03:22:58

The Injective community recently passed an important governance proposal, with the voting results quite impressive—99.89% of participants supported it. Once this IIP-617 proposal takes effect, it will mean significant changes for the INJ token.

What is the most critical aspect? A substantial adjustment in supply. With the implementation of this proposal, the total supply of INJ will be reduced, directly making its deflationary properties more apparent within the entire crypto asset market. It’s important to note that in a market environment filled with inflationary pressures, an asset with a continuously shrinking supply can indeed attract considerable attention.

From the community voting attitude, it’s clear that there is a very high level of approval for this direction. Behind this strong consensus reflects the community’s confidence in the project’s long-term development trajectory.

INJ-5,13%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

BlockchainFries

· 18h ago

99.89% agree? That's an incredible voting rate, is it real? INJ's recent deflationary operation is quite interesting, can reducing supply really lead to a price increase? I'm skeptical. The community voting being so unanimous actually makes me a bit uneasy. Is this genuine consensus or the eve of being exploited? We've seen many ways to reduce supply, but the key is whether the market demand can be sustained afterward. When did Injective start to focus on user experience? The proposals have all been approved, but why does it feel like the enthusiasm is quite lukewarm?

View OriginalReply0

AlphaWhisperer

· 18h ago

99.89%? That's an incredibly high vote share, feels more unified than some national elections haha The move to reduce supply—finally, a project daring to do this With deflation expectations at full throttle, there should be some stories to tell in the short term

View OriginalReply0

Ser_APY_2000

· 18h ago

99.89%？ Such high consistency really can't be faked. INJ's recent deflation is quite impressive. Reducing supply is a tactic everyone is using now; it all depends on whether it can hold until the bull market. The community consensus is so high, indicating that everyone truly believes in this project. Lowering the supply is good, but the key is whether it can stabilize afterward. The deflationary aspect is a plus, but don't overexpect too much. This proposal is so strong; it depends on how the market reacts. INJ has potential, but I'm just worried it might be another round of false hype.

View OriginalReply0

RugPullAlertBot

· 18h ago

99.89%? This voting turnout is outrageous, feels a bit too neat... The move to reduce INJ supply is indeed interesting, but can it really fight inflation? Deflation is deflation, but I'm worried it's just a self-congratulatory consensus.

View OriginalReply0

LayerHopper

· 19h ago

99.89%? This voting ratio is a bit outrageous, feels like the entire community has unified their thoughts. Deflationary coins are now in the spotlight, it seems INJ's move is quite clever. Can such high consensus really cause a price drop? I'm a bit worried. If I had known earlier, I wouldn't have sold. It looks like it will go up now. I'm still optimistic about INJ in the long term, but short-term is a bit confusing. The community voting is so uniform, it feels a bit off. Reducing supply, BNB and SOL have tried it, and it does work. 999 votes supporting 9998 people? Does the number add up, everyone? Looks good, but we still have to wait for it to take effect, right? I'll keep observing.

View OriginalReply0

AlphaLeaker

· 19h ago

99.89% of the voting turnout... that's a bit too outrageous, isn't it? Could there be a problem with the data?

View OriginalReply0