The Role of INJ Token
- Hasnain
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INJ is the native token of Injective. It powers governance, staking, transaction fees, and liquidity incentives within the ecosystem. Holders of INJ can participate in decision-making and vote on protocol upgrades. The token also plays a role in securing the network through staking. Furthermore, INJ is deflationary—meaning supply reduces over time through token burns. This unique design makes it not only functional but also potentially valuable for long-term holders.