Injective will propose the INJ 3.0 proposal, aimed at reducing the issuance of new INJ by reducing on-chain parameters, making it a more deflationary crypto asset than before. The proposal plans to gradually reduce the inflation rate of INJ over a period of two years and increase responsiveness to staking activities, making INJ a more anti-inflationary crypto asset. The proposal is expected to be submitted for voting before April 19th.

L1 public chain Injective has announced the launch of SA World on the X platform, aimed at adding vitality to the Web3 gaming ecosystem. SA World was developed by OneChain Studios and has received support from well-known enterprises such as Pantera, Coinbase, and Spartan Capital. It was previously one of the largest gaming networks on Polygon and BNB Chain. Eric Chen, CEO of Injective, said that the launch of SA World on Injective marks a significant step in enhancing the GameFi economic infrastructure. This integration unleashes the full potential of SA World, utilizing Injective's cutting-edge technology, which is crucial for enhancing interoperability and maximizing asset value in the Web3 gaming industry.

Injective has officially partnered with AltLayer to create a secure framework for on-chain inEVM applications. Injective's inEVM allows Ethereum developers to build applications that can uniquely leverage Injective's ultra-fast speed and near-zero cost, while achieving composability across the WASM and EVM worlds.

Injective announced the launch of the second layer Rollup solution inEVM on the mainnet to promote on-chain composability of Ethereum, Cosmos, and Solana. inEVM allows Ethereum developers to deploy applications on Injective without changing the code. It is reported that projects released on Injective's inEVM mainnet include Celestia, Pyth, TimeSwap, and Thetanauts.

On March 6th, according to official sources, the Layer1 blockchain network Injective announced its integration with Ethena, marking Ethena's first integration outside of the wider Ethereum ecosystem. Users of Injective, Cosmos, and the wider IBC ecosystem can easily access USDe. Through this integration, USDe will be available to Injective users starting from Wednesday, March 6th. In addition, USDe holders on Injective will be eligible to participate in the Ethena Shards (points) event starting on Monday, March 11th.

Injective Labs announced a partnership with DojoSwap to launch the industry's first CW20-Reflection token standard, aimed at providing developers with a more flexible way to create tokens and promote the development of various applications. This standard allows for the development of new types of tokens, such as customizable parameter tokens that allow for sharing of protocol fees with users. The CW20-Reflection token standard supports two modes: pure tax tokens and reflection tokens, providing transfer taxes and other customizable tax parameters, promoting the creation of new financial derivatives, and potentially accelerating the development process of DeFi applications.

Injective announced on social media that it is collaborating with DojoSwap to launch the CW404 standard. CW404 introduces the ERC-404 standard to the Injective blockchain. The CW404 standard is a complex transplant of the original ERC404, which is more in line with the signatures of existing CW20 and CW721 standards.

According to official sources, L1 public chain Injective has disclosed that the independent delegation and staking amount of its native token, INJ, has reached 200,000.

Injective announced the launch of Gas compression function on social media. After deploying this function, the cost of each transaction on its platform is only 0.00001 INJ, which is equivalent to 0.0003 US dollars. Gas price changes have been applied to all tools and products, ensuring a seamless transition for users.

The market showed that INJ broke through $40 and is now trading at $40.05, with an intraday increase of 6.23%. The market fluctuates greatly, so please be prepared for risk control.