Injective will undergo a mainnet upgrade on July 3rd. Binance will support the upgrade, which is expected to bring performance improvements and optimizations to Injective.
Refer to the official tweet by INJ:
🚨Breaking: Binance will Support the Injective Mainnet Upgrade Tomorrow
The upgrade seeks to bring a host of new performance upgrades and optimizations to Injective.
INJ Info
Injective Protocol is a decentralized exchange (DEX) protocol built on the Cosmos SDK, offering advanced cross-chain trading capabilities.
Key features of Injective Protocol include:
1. Decentralization: On the Injective platform, users have full control over their funds, with no third-party intervention.
2. Cross-chain trading: Injective supports trading between different blockchains, providing users with a wide range of tradable assets.
3. High performance: Injective utilizes the Tendermint consensus system, ensuring high throughput and low transaction latency.
4. Gas-free transactions: Users can trade without the need to pay gas fees.
INJ is the native token of Injective Protocol. The token is used for protocol governance, staking, and participation in voting processes that address key protocol upgrades and management decisions.