Injective (INJ): what you need to knowInjective (INJ): what you need to know

Injective is a Layer 1 blockchain built specifically for financial applications, such as decentralised exchanges, derivatives and tokenised assets. The native token INJ is used for staking, governance, paying transaction fees and as insurance for protocols on the network. Injective offers an on-chain order book and interoperability with Ethereum, Cosmos and Solana.

Whitepaper: https://injective.com/INJ_Tokenomics_Paper.pdf

Injective is built on the Cosmos SDK and uses Tendermint BFT consensus to process transactions quickly and with instant finality. Validators stake INJ to secure the network and receive staking rewards in return. The network supports a fully on-chain order book, so trading applications can run without a central intermediary.

• Ticker: INJ

• Category: Layer 1 / DeFi

• Blockchain: Injective L1 (Cosmos SDK)

• Protocol: Tendermint BFT (Proof of Stake)

• Year of launch: 2020

The Injective blockchain is interoperable with other networks through IBC (Inter-Blockchain Communication) and bridges to Ethereum and Solana, among others. Injective also supports CosmWasm and EVM smart contracts, so developers can build DeFi applications in familiar environments.

The Injective ecosystem consists of DEXs, perpetuals platforms, prediction markets, RWA (real-world asset) projects and infrastructure providers. The network is backed by investors such as Pantera Capital, Jump Crypto and Mark Cuban, and has a growing number of applications running on top of the Layer 1.

Injective was founded by Eric Chen and Albert Chon, who launched the project in 2018. Injective Labs develops the core technology and supports the ecosystem, while the network itself is run in a decentralised way by validators.

BTC Direct has been the European entry point to crypto since 2013. We make buying Injective straightforward, even if it is your first time:

• Trusted in Europe. BTC Direct is registered with the Dutch Central Bank (DNB) and operates under MiCA, the EU regulation for crypto.

• Familiar payment methods. Pay with iDEAL, Bancontact, Sofort, SEPA bank transfer, credit card, PayPal or Apple Pay. Your INJ is on its way within minutes.

• Your coins, your control. We do not store your INJ. After your purchase, your coins are sent straight to your own wallet address.

• Based in the Netherlands, serving all of Europe. Our experts are based in the Netherlands and answer in your language across the SEPA zone. Need help? We are here.

• Start with a small amount. From just €30. The minimum varies per coin.

Ready to buy your first INJ?

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For more technical information about Injective, visit the official website.

Cryptocurrencies, including Injective (INJ), are volatile and carry risks. The value of INJ can fluctuate greatly and investments can lead to financial losses. Always do your own research and only invest money that you are willing to lose.

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