$INJ is the native token powering the @injective ecosystem, a Layer 1 blockchain built for finance. It plays several important roles: → Staking: Helps secure the network while rewarding participants. → Governance: Gives holders voting power over important network decisions. → Transaction Fees: Powers transactions across the ecosystem. → Trading: Can be used as collateral in derivatives markets. → Buybacks and Burns: Injective uses ecosystem revenue to buy back and permanently burn INJ. Ultimately, $INJ connects network security, governance and financial activity across Injective.
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