Odaily News The Injective governance proposal approved the INJ 3.0 token economic system. According to the proposal, the minting properties of INJ will be further reduced, and new parameters will be added to increase INJ's deflation fourfold in the next two years. INJ is the native token of Injective, a Layer 1 blockchain based on Cosmos and supervised by the non-profit Injective Foundation. (TheBlock)