INJ Price Prediction

Injective Protocol is a decentralized exchange protocol designed for various types of trading, including margin, perpetual swaps, and derivatives . It aims to create a free and inclusive decentralized financial system with zero gas fees and high transaction speed. The protocol employs the Verifiable Delay Function (VDF) to prevent front-running and is permissionless. The Injective chain is developed to support Ethereum consistent DeFi applications and is implemented as a Cosmos SDK module built with EVM on Tendermint called Ethermint.

Injective’s ecosystem includes various components like Relayers, Blockchains, dApps, data, Exchanges, NFTs, Oracle, Stablecoins, Validators, and Wallets. The Injective team includes Eric Chen, the founder and CEO of Injective labs, and a group of developers and experienced engineers. The team has succeeded in creating and executing decentralized financial systems and services and avoided third-party intervention in cross-chain trades.

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