Injective Approves Landmark ‘Supply Squeeze’ Proposal to Accelerate INJ Deflation
The Injective community has overwhelmingly passed the pivotal IIP-617 governance proposal, enacting a major deflationary overhaul of the INJ token's economics.
With 99.89% approval from staked voters, the measure permanently reduces new token issuance and synchronizes it with the protocol's existing buyback-and-burn mechanism, designed to accelerate the removal of INJ from circulation over time. This structural shift, dubbed the "Supply Squeeze," aims to transform INJ into one of the most
Last edited on 2026-01-20 02:53:23