Injective to Launch Community-Wide INJ BuyBack Program on October 29th
Injective is preparing to roll out a new INJ Community BuyBack Program on October 29th. The initiative allows users to commit their INJ tokens, share ecosystem rewards, and observe token burns executed directly on-chain.
Refer to the official tweet by INJ:
Injective 🥷@injectiveTháng 10 22, 2025In 7 days, the entire Injective community becomes part of the all new INJ BuyBack Program.
Commit INJ, share ecosystem rewards and watch every token be burned onchain.
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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.