ใ Reasons Why DeFi Will Be Launched on Injective a Lot in the Future ใ
1. Injective (@injective) is a chain based on the Cosmos SDK for finance that emerged in 2018. It was designed from the ground up for financial-related dApps.
2. With over 20,000 TPS and an average block time of 0.64 seconds, it has an extremely fast speed among layer 1 chains.
3. Speed is crucial for financial services, and it is continuously being optimized. It is the most overwhelmingly fast among chains that came out around 2018.
4. Unlike other blockchains, it provides modules specialized for financial development, allowing developers to launch quickly and easily.
5. Previously, it only supported the Cosmos ecosystem, but recently it has introduced a multi-VM structure, expanding to Solana and Ethereum as well.
6. This means that not only Cosmos developers but also developers from Ethereum and Solana can create on Injective.
7. Additionally, Injective has a structure where token burning increases as transactions become more active on the network, so we can expect more burning in the future.
8. Currently, the Injective EVM testnet is underway, and dApps that are set to onboard can already be tested on the testnet.
It seems like it will launch very soon..!
@InjectiveKR @UXLINKofficial
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