This week saw one of the largest burns on @Injective. Approximately $244,000 worth of $INJ was burned by the community in round 174.

Injective stands out with one of the highest burn rates in the industry. Through a unique weekly auction, 60% of all exchange fees generated by dApps on the #Injective network are burned. 

This deflationary mechanism is designed to enhance value across the entire ecosystem.

Place your bids here:Discover more:#DeFi #Burn #INJ