Injective burns over 7.2 million INJ through its buyback and revenue flywheel

Share

Injective has permanently burned more than 7.2 million INJ through its monthly Community BuyBack program and an earlier burn auction. Across its first four rounds, the program burned 178,338 INJ and distributed $776,344 in revenue shares to participants, with an average yield of 23.9% in the early rounds. The program has historically offered average yields of approximately 20% to 25% per round, with bonuses added to encourage participation. The mechanism directly ties token burns to ecosystem revenue, while commitment caps limit each participant’s exposure and prevent a small number of large holders from dominating the program.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items