The Injective governance proposal received 99.89% voting support, which will initiate a deflationary mechanism to significantly reduce token supply
The governance proposal IIP-617 for Injective has passed with an overwhelming majority, with 99.89% of community members voting in support, officially launching the next phase of development for the INJ token.
This proposal has taken effect immediately and will significantly reduce the total supply of INJ tokens, making INJ one of the most deflationary assets in the crypto market.
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