Injective’s INJ 3.0 governance proposal passes, will make INJ four times more deflationary

PANews reported on April 23 that the Injective community approved the INJ 3.0 token economic system proposal through on-chain voting with a high pass rate of 99.99%, which quadruples INJ’s deflation. The INJ 3.0 proposal mainly includes two aspects: first, changing the upper and lower limits of INJ's inflation, adjusting the lower limit to 4% and the upper limit to 7%, and planning to reconsider its deflation parameters in the second quarter of 2026; second, " The "Inflation Rate Change Parameter" has been increased from 0.1 to 0.5 to make it more responsive to staking activity.

This is the biggest upgrade to Injective’s token economic system. This move reduces the minting properties of the token and adds new parameters, making INJ “one of the most deflationary assets” in the crypto field. According to the April 19 governance proposal, INJ is the native token of Injective, the first-layer blockchain based on Cosmos, and is overseen by the non-profit Injective Foundation. The approval of this proposal marks the next stage in the development of Injective; billions of dollars have been invested since its inception. Jenna Peterson, CEO of Injective Foundation, said that to ensure the ecosystem serves as a long-term partner to institutional players, INJ must function as an ultrasound currency to reward early adopters and attract new participants.