-
Cryptocurrencies
-
Exchanges
-
Media
All languages
Cryptocurrencies
Exchanges
Media
Injective Protocol is a layer-2 decentralized trading protocol that can be used for decentralized cross-chain derivatives transactions, releasing the full potential of borderless decentralized finance. The agreement supports decentralized contracts for difference (CFD), perpetual swaps and other derivatives markets. INJ is the native asset of Injective Protocol and can be used for various functions, such as DAO for protocol governance similar to Yearn Finance (YFI), value capture of transaction fees, derivatives mortgage, liquidity mining, and Staking.
Layer-2 Decentralized Derivatives Trading: Based on its innovative layer-2 architecture, Injective can achieve high-speed transactions without charging Gas fees.
Trade any market: Injective allows anyone to create and trade any derivatives market of their choice (e.g. synthetic assets, crypto assets, etc.) Unlimited opportunities have opened up.
Cross-chain transactions and revenue generation: Injective can support various transactions and revenue generation across layer-1 blockchain networks.
Community-driven network governance: Injective's network is governed by its decentralized community, and all new coins or network changes are decided by voting through DAO.
Liquidity mining incentives: Injective's community can obtain value from the network through various liquidity mining projects. These liquidity mining projects are created in our original network to stimulate the continuous growth of the community.
High-speed DEX: Injective brings an order of magnitude speedup by scaling trade execution and settlement at layer-2, while also providing traders with near-instant order cancellations using Injective's decentralized trade execution coordinator.
Experienced team: Injective's core team has a good professional background and has worked experience in internationally renowned companies such as Open Zeppelin, Amazon, and hedge funds. The core members of the team graduated from well-known universities such as Stanford University, and have established cooperative relationships with top DeFi protocols and underlying public chains such as Elrond, Kava, Findora, etc.
Strong community support: Injective has a fast-growing international community with more than 23,000 community members across platforms.
*The above content is organized by YouToCoin official, if reproduced, please indicate the source.