Injective Update | September 2021

Injective introduced monthly update for September covering the launch of the injective Bridge and API, Injective insurance funds, new trade and earn options, and more.

🔹September Highlights

1. Derivatives perpetuals trading went live on the Injective Canary Chain after governance proposal #56 passed. Injective contributors prepared for the Cosmos IBC upgrade and published the roadmap to canonical chain mainnet. The Picasso relayer was deployed on Injective.
2. Axie Infinity listed on Injective and the community voted to pass proposal #58, introducing maker fee rebates for the Axie Infinity spot market. Then Injective governance proposal #59 passed, updating parameters on-chain so as to set a minimum staking APY.
3. This month kicked off with the addition of insurance funds to the Injective Hub. Multiple upgrades to the Injective Hub were rolled out, after which a fully upgraded hub was introduced. The Injective Bridge went live on the Injective Hub, and the Injective Bridge Guidewas released.
4. Impossible Finance joined the Injective ecosystem. Smart Stake came onboard as a validator and institutional Injective validator SCB 10X went live on the Canary network. Injective launched a unified governance interface with Commonwealth.
5. The Injective Public API was launched.
6. Community Recognition: Equinox staking rewards were distributed. NFTs were awarded to participants in the Fast Track to Crypto Summer Challenge.
7. Other community initiatives included the release of the Injective Chinese Telegram channel, the launch of the Injective Ecosystem page, and a YouTube AMA in which Injective Labs CEO Eric Chen was interviewed by Confident in Crypto. Discussions about the Stargazer Ambassador program have begun. Injective Labs made headlines on Bloomberg after welcoming a legal chief.

About Injective

Injective is the first cross-chain protocol built for decentralized finance applications. On the Injective exchange, anyone can access, create, and trade unlimited DeFi markets such as futures and perpetuals. Developers can also build cross-chain Ethereum-compatible projects that are lightning fast and achieve instant transaction finality. Injective is backed by a prominent group of stakeholders including Binance, Pantera Capital and Mark Cuban.

📰 INFO

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