Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Injective Protocol (INJ) is now available on KuCoin. Supported trading pairs are INJ/USDT, INJ/BTC.
Please take note of the following schedule:
Tags: Polkadot, DeFi, Cosmos
Project Summary
Total Supply | Market Cap | Issue Date | Consensus Protocol |
100,000,000 INJ | $412,565,957 | 2020-10 | PoS |
Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
32,655,553 INJ | $50,695,579 | $0.77 | - |
* The key metric numbers are calculated as of October 19, 2021
INJ is the native token of Injective Protocol. INJ is a scarce asset that is used for governance, exchange value capture, liquidity mining, and staking. 60% of all exchange fees are used to buy back and burn INJ every two weeks which allows the supply of INJ to dramatically decrease over time. In addition to this, transactions on Injective Protocol brought by new Injective ecosystem projects also help to burn more INJ.
Official Website: https://injectiveprotocol.com
Official Twitter: https://twitter.com/injectivelabs
Know more: https://medium.com/injective-labs
White paper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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