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Injective governance proposal receives 99.89% support, will initiate a deflationary mechanism to significantly reduce token supply
ChainCatcher Message: Injective’s governance proposal IIP-617 has been passed with an overwhelming vote, with 99.89% of community members supporting, officially launching the next phase of the INJ token development plan.
The proposal has taken effect immediately, significantly reducing the total supply of INJ tokens, making INJ one of the most deflationary assets in the crypto market.