The governance vote in the Injective community has just concluded, and the IIP-617 proposal was officially passed with an overwhelming support rate of 99.89%. This adjustment touches the core mechanism of the INJ token economy — not only optimizing the issuance rhythm of the native token but more importantly strengthening the buyback and burn model based on protocol revenue.
From the data, Injective has so far burned approximately 6.85 million INJ tokens, and the launch of this new mechanism means that the burn intensity will continue to increase in the future. Using revenue generated by the protocol itself to support the token’s value has become a standard option for many ecosystem projects. In a market where token inflation is generally sensitive, Injective’s move clearly responds to the community’s expectations with concrete actions — turning inflation pressure into burn support.
The implementation of such governance decisions often reflects the maturity of an ecosystem. The shift of INJ’s token economy from passive adjustments to proactive optimization is backed by increased community participation and a deeper understanding of token design in ecosystem development.
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MissedAirdropBro
· 10h ago
99.89% support rate? How many people need to participate in the vote? It really feels like the INJ community has strong cohesion.
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AlwaysMissingTops
· 11h ago
Wow, 99.89%? This voting turnout is just too outrageous, is there really no one opposing?
Everyone is now playing the destruction routine, let's see if INJ can hold on.
6.85 million tokens are gone... I just want to know if there will really be a lasting effect, or if it's just another round of harvesting the little guys.
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RamenStacker
· 11h ago
Burn 6.85 million tokens? This level of commitment is real, unlike some projects that just shout slogans.
The governance vote in the Injective community has just concluded, and the IIP-617 proposal was officially passed with an overwhelming support rate of 99.89%. This adjustment touches the core mechanism of the INJ token economy — not only optimizing the issuance rhythm of the native token but more importantly strengthening the buyback and burn model based on protocol revenue.
From the data, Injective has so far burned approximately 6.85 million INJ tokens, and the launch of this new mechanism means that the burn intensity will continue to increase in the future. Using revenue generated by the protocol itself to support the token’s value has become a standard option for many ecosystem projects. In a market where token inflation is generally sensitive, Injective’s move clearly responds to the community’s expectations with concrete actions — turning inflation pressure into burn support.
The implementation of such governance decisions often reflects the maturity of an ecosystem. The shift of INJ’s token economy from passive adjustments to proactive optimization is backed by increased community participation and a deeper understanding of token design in ecosystem development.