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$INJ Exciting update from injective: IIP-617, the INJ Supply Squeeze proposal, is live and already hit quorum! This governance move aims to double $INJ's deflation rate by ramping up burn contributions from 60% to 120% of trading fees and slashing new token issuance in half.
Fewer new tokens + more burns = faster supply contraction, positioning INJ as one of the most deflationary assets in crypto. With ecosystem growth, this could supercharge value accrual for holders.
Voting ends Jan 20—INJ stakers, get in there! 🥷🚀