🔥6,457,145.93 INJ Were Burned!

💸$28M USD permanently removed from circulation thanks to the revolutionary Burn Auction mechanism

What is the Injective Burn Auction?
Every week, all transactions within the Injective ecosystem are bundled into a single basket and auctioned off. The highest bidder pays for the basket in INJ, which is then immediately burned, permanently reducing the token supply

💡This process:
— Decreases the token supply
— Supports the deflationary model of $INJ
— Enhances long-term value for the community

Injective is not just a network, but a new era of finance with a focus on sustainability and innovation