CONTENT
Injective’s governance proposal IIP-617 has passed with an overwhelming 99.89% approval, marking a major shift in INJ’s token economics. The proposal formally activates a deflationary mechanism designed to significantly reduce INJ’s circulating supply over time.
With this move, Injective positions $INJ among the most aggressively deflationary assets in the crypto market, reinforcing long-term scarcity as a core part of its network design and governance direction.
WRITER’S INTRO
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