DeFi· ★★★· bullish·

Injective Launches Stockdrop, Rewarding INJ Buyback Participants With Tokenized Stocks

  • Stockdrop goes live on September 23 alongside the next Community BuyBack
  • Participants burn INJ to receive ecosystem revenue share plus a stock token
  • NVIDIA and AMC stock tokens are delivered on Robinhood Chain, with a one-week claim window
  • INJ trades at $7.65, down 2.67% over 24 hours
Why it matters: The program ties INJ's deflationary tokenomics to the tokenized equity market, adding a new source of demand for the token.
Source: Blockchain.News