📈 Decentralized Exchange Protocol for Cross-Chain Trading

How Injective Protocol creates a eco-friendly and efficient trading experience

📈 Decentralized Exchange Protocol for Cross-Chain Trading
Photo by Wance Paleri / Unsplash

Today's Highlights

  • Injective Protocol - creating a fair and robust decentralized market
  • Blockchain events - upcoming events in the blockchain world.
  • In Other News - a few interesting developments we're tracking.

Injective Protocol - creating a fair and robust decentralized market

Injective Protocol is a fully decentralized exchange protocol for cross-chain margin, perpetual swaps, derivatives, forex, and spot trading. The main aim of an Injective network is to create free and inclusive decentralized markets. The Injective Protocol is permission-less with zero gas fees and high transaction speed.

Injective chain is an important part of the Injective Protocol, and it is developed to support Ethereum consistent DeFi applications. Injective’s ecosystem consists of Relayers, Blockchains, dApps, data, Exchanges, NFTs, Oracle, Stable coins, Validators, and Wallets. Apart from this, Injective’s incubator Burnt Finance is a fast and low transaction fees NFT trading platform, and it is the first decentralized NFT protocol on Solana.

Injective Protocol’s fully decentralized, zero gas fees trading experience is provided with the help of cosmos-backed layer 2-sidechain. It enables fast and accurate transactions. The Injective Protocol allows anyone to create and trade on the market. The Injective Protocol supports around 10,000 transactions through Tendermint with a 1-2 second block time. Injective protocols have community-driven network governance, and a decentralized community governs it, and a decentralized autonomous organization (DAO) votes on Injective network-related changes and proposals. Metamask mobile app allows users to connect their wallets with Injective exchange. Together the project keeps its promises and missions for powering the future of finance.

Eric Chen and Albert Chon are the founders of Injective Protocol. Injective Protocol has raised a total of $52.6M in funding.


Blockchain Events

Barcelona, Spain
December 16-17, 2022
Dubai, United Arab Emiratesly
December 17-18, 2022
Istanbul, Turkey
December 22-25, 2022

In Other News

Bullish swing results in price climbing above $5.19
The Filecoin price analysis is bullish today Strong support for FIL is present at $5.00 The resistance for FIL/USD is found at $5.27
NFTs In A Nutshell: A Weekly Review | Bitcoinist.com
Despite a relatively mild week for NFTs, with dissipating volumes and headlines, there was plenty of action and activity in what resulted in an overall busy
India aims to develop crypto SOPs during G20 presidency, says finance minister
According to Sitharaman, members of the G20 have also acknowledged the crypto risks while reiterating the need for the participation of all countries in effectively regulating crypto assets.

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