Injective 🥷 (@injective): The $INJ Flywheel Illustrated

The $INJ Flywheel Illustrated With the launch of INJ 3.0 in 2025 more INJ is burned every week as protocol revenue increases. This in turn creates a positive feedback loop where the success of the ecosystem directly contributes to more burn and more deflationary $INJ. To date over 6.41 Million INJ has been burned. In fact since January 2025 alone over $1 Million in INJ has been burned. Every week, a portion of dApp revenue is auctioned off to the highest bidder. The winning INJ bid is then burned. So if dApp revenue goes up, so does the effective burn. As more INJ is staked, the rate of deflation increases. As dApp revenue increases, more INJ is burned weekly. Additionally, INJ 3.0 set a schedule for quarterly decreases in the Supply Rate bounds, timed with the Bitcoin $BTC halving. Over two years, the lower bound will decrease by 25%, from 5% to 4%, and the upper bound will decrease by 30%, from 10% to 7%. Together, these parameter adjustments increase INJ’s deflation rate by 400%.