SUMON_XZ

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Active for: 3.1y
Crypto Market Researcher
Airdrop Hunter
Crypto Enthusiast | Exploring DeFi, NFTs & digital finance | Sharing insights & trends......
The gap between buying $INJ and actually using it on Injective just got smaller.
Coinbase now supports native $INJ for deposits and withdrawals directly on @injective.
That means users no longer need to deal with the ERC-20 version, wrapping, or another bridge before moving their $INJ onchain.
The flow is simple:
Buy $INJ on Coinbase → withdraw to Injective → use it across the ecosystem.
That includes staking, governance, onchain markets, tokenized assets, payments and AI-agent apps.
The important part is the infrastructure behind it. Native $INJ settles directly on Injective, so users avoid a
Injective Community BuyBack is one of the more interesting parts of the $INJ token model.
Round 233 just removed 25,199.62 $INJ from circulation permanently.
That’s roughly $120K worth of $INJ burned in a single round.
The interesting part is what happens before those tokens get burned.
Participants commit $INJ to the buyback, those tokens are permanently burned, and participants receive a share of ecosystem revenue.
So the basic loop looks like: Network activity → ecosystem revenue → buyback → $INJ burned.
And this isn’t a one-time event, The Community BuyBack runs every month.
With Round #23
INJ+1.98%
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