X @BSCN

Overview of INJ Buyback Program - Injective is launching the INJ Community BuyBack Program on October 29th, introducing a new deflationary mechanism [1] - The program replaces the Burn Auction model with a monthly, fully onchain event open to all participants [1][2] Program Mechanics - Users commit INJ tokens within defined limits to earn ecosystem rewards [3] - Committed INJ is burned, reducing token supply and reinforcing deflationary nature [3] - Ecosystem revenue is distributed proportionally among all participants [3] - The buyback occurs every 28 days with a fixed number of slots [3] Key Benefits - The program is deflationary, reducing INJ supply with each round [3] - It democratizes access, allowing everyone to participate [3] - Incentives are aligned with ecosystem activity [3] - The process is fully transparent and onchain [3] Participation - Users can reserve a slot, commit INJ tokens, and claim their share of ecosystem revenue via Injective Hub [3] - All collected INJ is burned, reinforcing long-term value [3] Injective Ecosystem - Injective emphasizes decentralization, cross-chain trading, and gas-free transactions [4] - The INJ token is central to governance, staking, and upgrade decisions [4]