New SEC guidance around crypto buybacks puts an interesting spotlight on @injective, The SEC just clarified that a buyback on a functional crypto network does not automatically mean promising investors a return. Now look at what Injective has been doing long before this clarity. For almost a year, the INJ Community BuyBack has been running onchain👀 -> 460K+ $INJ burned through Community BuyBacks -> 7.2M+ $INJ burned in total -> 20% average BuyBack returns Injective generate revenue ➙ announce monthly BuyBack ➙ Users commit $INJ ➙ receive a share of ecosystem revenue ➙ and the committed INJ is permanently burned. The important part? Injective did not build this after the regulatory clarity. > It was already running. > It was already onchain. > It was already generating rewards from ecosystem revenue. > And it was already reducing $INJ supply. The SEC provided clarity around something Injective had already been building for months.