Injective burns over 7.2 million INJ via buyback and revenue flywheel
- —More than 7.2 million INJ burned to date, including the earlier burn auction
- —178,338 INJ burned across the first four Community BuyBack rounds
- —$776,344 in revenue distributed to participants, average yield around 23.9%
- —Nearly all protocol revenue is routed to INJ buybacks and burns
Why it matters: Burn volume is tied directly to ecosystem revenue, so the buyback depends on real network usage and affects INJ supply.
Source: Crypto Briefing