Injective’s Road To Mainnet: Phase One
Injective Protocol is thrilled to announce the commencement of the first phase of the Injective mainnet launch. With their mainnet launch, they will take the first step towards empowering individuals with novel, transformative abilities to express themselves freely. They also incredibly excited for the journey and look forward to a new financial paradigm that is more free and more decentralized.
They will launch their mainnet in three discrete phases as depicted in the illustration below:
Phase One: Peggy Bridge and Initial Deployment
Phase one of the Injective mainnet will begin with the release of the native Injective Peggy bridge which is a decentralized, highly gas-efficient bidirectional bridge for transferring ERC-20 tokens from Ethereum to the Injective Chain.
Phase Two: Canary Chain and Exchange Launch
The canary chain will allow users to begin trading with real funds. In addition, everyone will now have the ability to bridge over any ERC-20 token onto the Injective Chain.
Phase Three: Canonical Chain Release
The canonical chain will include unrestricted trading for a plethora of new markets with full-fledged governance capability held entirely by the community
About 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 Mark Cuban, Pantera Capital, and the leading cryptocurrency exchange, Binance.
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