Jan 6, 04:44 AM

Injective's $INJ 3.0 Proposal Passes with 99.99% Support; $INJ Jumps by 6.9% as Ethena Labs Targets $50B DeFi Ecosystem

The governance proposal for Injective's $INJ 3.0 has received overwhelming support, with 99.99% of community members voting in favor. This new phase, which is now live, aims to significantly reduce the token supply, positioning $INJ as a highly deflationary asset over time. Concurrently, Ethena Labs is launching a decentralized finance initiative on Telegram, targeting 900 million users with a vision to create a $50 billion ecosystem. Their synthetic dollar, USDe, will facilitate payments and savings through a neobank-like application that integrates with Apple Pay. Following the approval of the $INJ 3.0 proposal, the price of $INJ has increased by 6.9%. The changes in the tokenomics are expected to continue until Q1 2026.

#Injective #Ethena Labs #Telegram #Apple Pay

Written with ChatGPT (GPT-4o mini).