$INJ Deflation Proposal Reaches Quorum
Injective’s latest governance proposal to double the INJ token deflation rate has officially reached quorum, meaning enough staked INJ holders have participated for the vote to be valid.
🔹 What’s changing?
The proposal aims to accelerate INJ token burns, increasing the rate at which tokens are removed from circulation using protocol revenues.
🔹 Why it matters:
If approved, INJ would become more aggressively deflationary, reducing total supply faster over time through Injective’s on-chain economic model.
🗳️ The proposal is now in its final voting phase, with the outcome determined by the community.
