Injective Opens April Buyback With More Than 62,000 INJ Set for Burn

Injective says its April community buyback includes the permanent removal of over 62,000 INJ from circulation alongside user rewards.

INJ

Summary

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Terms & Concepts
  • Buyback: A program in which a project repurchases its own tokens, often to support token economics or fund community initiatives.
  • Burn: The permanent removal of tokens from circulation by sending them to an unusable blockchain address.
  • Circulation: The amount of a token currently available in the market and not permanently locked or destroyed.