Back

Injective Launches Community BuyBack Program for Active Stakers

Long-term INJ stakers can now participate in a new initiative to permanently burn tokens while earning yields.

INJ

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Staking: The process of locking up cryptocurrency to support the operations of a blockchain network in exchange for rewards.
  • Token Burn: A mechanism where cryptocurrency tokens are permanently removed from circulation, reducing the total supply.