Injective Protocol is a layer-2 decentralized transaction protocol that can be used for decentralized cross-chain derivatives transactions, unleashing the full potential of borderless decentralized finance. The agreement supports various derivatives markets such as decentralized contracts for difference (CFD) and perpetual swaps. INJ is the native asset of Injective Protocol, which can be used for multiple functions, such as Yearn Finance (YFI) used for protocol governance through DAO, value capture of transaction fees, derivative collateral, liquidity mining, and staking.
Injective Protocol is a layer-2 decentralized transaction protocol that can be used for decentralized cross-chain derivatives transactions, unleashing the full potential of borderless decentralized finance. The agreement supports various derivatives markets such as decentralized contracts for difference (CFD) and perpetual swaps. INJ is the native asset of Injective Protocol, which can be used for multiple functions, such as Yearn Finance (YFI) used for protocol governance through DAO, value capture of transaction fees, derivative collateral, liquidity mining, and staking.
