Injective Protocol April Update

The first layer-2 decentralized exchange protocol, Injective Protocol released April 2021 Update.

April Highlights

1. They raised $10 million from Mark Cuban, Pantera, and other big-time investors. This milestone received widespread media attention from publications like TechCrunch, Cryptobriefing, and The Block
2. They locked in a major INJ listing on Gemini
3. They reached a new milestone of over $50 million locked on Equinox Staking. They also published a major Equinox Staking update and announced surprise token drops from Ethereum, PARSIQ, and Ramp DeFi. Stakedonboarded as latest genesis validator to enable institutional access to staking
4. They collaborated and integrated with Big Data Protocol, Persistence, Litentry, Band Protocol, Harmony, API3, Klaytn, and UMA
5. They published Injective’s official governance proposal procedure and launched Injective governance for spot markets
6. Community Initiatives: They hosted live YouTube panels with Orion and 1inch Protocol, Harmony, and API3, DIA, and Band Protocol. They also participated in AMAs with Harmony and Alpha Finance, and hosted first community quiz on Telegram. They teamed up with Binance to commit $50,000 in INJ tokens as rewards for users. Alpha Finance now supports leveraged yield farming pools of BNB/INJ.

What is Injective Protocol?

Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.

📰 INFO:

https://blog.injectiveprotocol.com/injective-april-2021-update/