Injective initiates INJ 3.0 proposal: plans to gradually reduce INJ inflation rate over two years and increase responsiveness to staking activities

ChainCatcher news, Injective announced that it will propose the INJ 3.0 proposal, aimed at reducing the issuance of new INJ by decreasing on-chain parameters, making it a more deflationary crypto asset than ever before.

It is reported that the proposal plans to gradually reduce the INJ inflation rate over two years and increase responsiveness to staking activities, making INJ a more anti-inflationary crypto asset. The proposal is expected to be submitted to the voting stage by April 19.