Injective launches first Stockdrop, letting users burn INJ for tokenized Nvidia, AMC and Meta shares
- —Stockdrop runs September 23–30, with a one-week claim window afterward
- —Each wallet gets an independent chance at a tokenized stock regardless of INJ committed
- —Available tokenized equities include Nvidia, AMC, Meta, Snap, SPCX and HIMS on Robinhood Chain
- —Previous rounds burned over 7.2 million INJ worth about $55.5 million, averaging 23.9% returns
Why it matters: The burn mechanism cuts INJ supply while tying the token to tokenized equities, broadening demand for Robinhood Chain infrastructure.
Source: Crypto Briefing