Injective's governance proposal IIP-617, which seeks to double the deflation rate of the INJ token, has reached the necessary quorum for voting. Announced on January 16th, the proposal is now eligible for approval as it meets the participation requirements. Stakers have four days left to cast their votes on this significant change aimed at reducing the token supply.
Injective's INJ Token Deflation Proposal Reaches Voting Quorum
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