Injective Protocol

Future community growth strategies of Injective Protocol:

• Growing its trader and market maker community by incentivizing participation in the exchange ecosystem via various liquidity mining programs.
• Introducing on-chain referral system for network participants to capture a high percentage of the exchange fees that they bring to the ecosystem.
• Launching new products around savings, stablecoins and lending to further strengthen the Injective Protocol ecosystem.

Current community growth strategies of Injective Protocol:

• Empowering community participants to be Injective ambassadors to grow a robust and sustainable trader and developer ecosystem.
• Increasing peg zones for cross-chain capabilities that interconnect multiple layer-1 ecosystems.
• Holding an incentivized testnet and trading competition for community to participate and provide valuable insights while being compensated for their efforts.
• Trading competitions and incentive programs to promote liquidity across the protocol.

Injective Protocol employs a diverse array of strategies to achieve mainstream global adoption.

Injective’s community is distributed globally with various hubs located in the United States, China, South Korea, Europe and Vietnam.

Injective’s community comprises mainly of the following groups:

• Traders: This includes day traders, institutional traders and algorithmic traders that are seeking to leverage the Injective DEX for derivative market creation and trading.
• Market Makers and DeFi Enthusiasts: The Injective platform has built a liquidity mining program which can fairly compensate users for providing liquidity on the Injective platform.
• Market Creators and Developers: As an open and permissionless platform, Injective encourages developers to create unique derivatives markets. Market creators and developers are compensated for their contributions to the network through a percentage of the trading fees and by community grants.

• Terra: Terra is a blockchain protocol that uses fiat-pegged stablecoins to power price-stable global payments systems. This integration will provide Terra and Injective community members with a higher degree of interoperability while bringing new DeFi products found within the Terra ecosystem to Injective.
• Elrond: Elrond is a highly scalable, fast and secure blockchain platform for distributed apps, enterprise use cases and the new internet economy. Injective's partnership will open up markets for Elrond’s tech and tokens while also giving Injective’s users access to Elrond's digital currency, eGold.
• Ocean Protocol: Ocean is a blockchain-ecosystem that allows both individuals and enterprises to unlock the value of their data. This collaboration will allow Injective to create novel data derivative products.

• Polkadot: Polkadot facilitates cross-chain communication and interoperability by connecting multiple blockchains into one unified network. This integration will enable Injective to expand its decentralized cross-chain derivatives trading functionalities.
• Chainlink: Chainlink is an oracle provider in the blockchain space. This integration will allow Injective to access hundreds of secure price feeds via which users can go on to create limitless derivative markets.

• Collateral Backing for Derivatives: INJ will be utilized as an alternative to stablecoins as margin and collateral for Injective's derivatives markets. In some futures markets, INJ can also be used for collateral backing or insurance pool staking where stakers can earn interest on their locked tokens.
• Exchange Participation Incentives: The foundation plans to incorporate a liquidity mining scheme and distribute a fixed number of INJ tokens daily weighted by the liquidity each network participant provides.
• Tendermint-based Proof-of-Stake (PoS) Security: To ensure the security of Injective's sidechain, Injective will incentivize nodes to stake INJ and participate in the sidechain's network consensus with block rewards.

• Protocol Governance: The INJ token can be used to govern various components of Injective's sidechain including the futures protocol, exchange parameters and protocol upgrades via a DAO structure.
• Exchange Fee Value Capture: After the relayer reward distribution, the exchange fee will undergo an on-chain buy-back-and-burn event to accrue value for INJ.

The use cases intended for INJ include but are not limited to: protocol governance, exchange fee value capture, derivative collateralization, liquidity mining, and staking. Further details regarding each of these use cases can be found below.

INJ is the native token of Injective Protocol and is used for governance, exchange value capture, liquidity mining, and staking. The project has a buyback and buy burn mechanism funded by 60% of the exchange fees, and is triggered every two weeks. As the Injective ecosystem develops further with greater network usages, the new ecosystem projects would contribute towards the token burn, and reduce the supply of INJ over time.

• 25.00% Business Development and Marketing
• 15.00% Operations
• 10.00% Legal and Accounting

All funds in previous fund raises were raised in stablecoins and fiat currencies. The stablecoins are either self-custodied and stored in multisig wallets, requiring at least 2 out of 3 signatures from the management team or are stored with a qualified custodian.Funds will be utilized according to the allocations below:

• 50.00% Protocol Development