Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Injective upgrades its INJ destruction auction mechanism, allowing individual community members to participate

Injective upgrades its INJ destruction auction mechanism, allowing individual community members to participate

Bitget2024/04/30 15:05

PANews reported on April 30 that according to the official blog, Layer 1 blockchain network Injective announced a major upgrade to its INJ destruction auction mechanism. In the previous INJ 2.0 version, Injective has allowed any decentralized application (dApp) or protocol to contribute its transaction fees to the weekly destruction auction. It is reported that Injective will further open up participation channels, allowing all entities, from dApps, protocols to individual community members, to contribute funds to the weekly destruction auction.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Strategists warn: Gamma is extremely unstable! U.S. stocks with "ultra-low correlation" are facing the risk of violent shocks

This year, the low correlation in the U.S. stock market has been mainly driven by leading AI companies, but capital is shifting from semiconductor sectors towards lagging areas such as SaaS, narrowing the dispersion and weakening the foundation for low correlation. Bloomberg strategists warn that under abnormal Gamma volatility, a turn to negative could cause options dealers to reverse their hedging direction, amplifying market fluctuations. While the current index is less than 1% below its high, a 3% to 4% pullback could trigger a sharp Gamma reversal, putting the seemingly calm market at risk of dramatic volatility.

华尔街见闻2026/08/18 15:31