Injective (INJ) | Price Prediction | 220% APR
Injective is a fully decentralized, layer-2 DeFi protocol that allows developers to create and trade any financial market of their choice without the limitations of traditional market infrastructure. INJ is the native utility token of Injective, and it is a scarce asset that is used for governance, token burn auctions, and staking on the Proof-of-Stake (PoS) network.
ReHold uses Chainlink to determine the price of INJ/USD, just as it does for other cryptocurrencies. Decentralization in INJ/USD price determination ensures that problems such as price manipulation, spikes, and slippages present in centralized exchange (CEX) products are avoided. At the time of writing, INJ is trading at $24.35 on ReHold.
How to Earn Passive Income on INJ
Injective offers multiple opportunities for users to earn passive income on INJ. Users can stake their INJ tokens on the PoS network to earn staking rewards. Additionally, users can earn up to 220% APR on INJ Duals through the innovative ReHold protocol. With INJ Duals, users can earn high APRs by staking INJ in pairs such as INJ/USDT, INJ/USDC, and INJ/BUSD. ReHold offers a user-friendly platform for investors to monitor their INJ investments and earn passive income.
Injective (INJ) Price Prediction
The future price of INJ is difficult to predict, but the token burn auctions on Injective provide a unique advantage for investors. Every week, 60% of all fees collected from dApps are auctioned off via a buyback and burn mechanism, which in turn allows the supply of INJ to decrease over time. This unique mechanism helps to accrue value for the entire Injective ecosystem, making INJ a potentially valuable asset in the long run. Additionally, Injective's comprehensive governance structure and active community participation bodes well for the future success of the project and the value of the INJ token.
The value of the INJ token is primarily determined by market demand and supply. As the adoption and use of Injective's protocols and chains increase, demand for the token may also increase, potentially leading to an increase in its value. The use cases intended for INJ include but are not limited to: protocol governance, dApp value capture, PoS security, developer incentives, and staking. With the highest token burn ratio in the industry, INJ provides an attractive investment opportunity for investors who believe in the potential of the Injective ecosystem.
220% APR on INJ Duals
ReHold offers a unique DeFi earning solution. Using the innovative ReHold protocol at Dual Investments, you can earn up to 220% APR on pairs such as INJ/USDT, INJ/USDC, and INJ/BUSD. The INJ Duals program offers a hassle-free way for investors to earn passive income on their INJ investments while also benefiting from the innovative features of the Injective ecosystem.
How to Earn 220% APR on Injective (INJ)
If you're interested in earning passive income on Injective, ReHold offers a unique DeFi earning solution. You can earn a 220% APR on pairs such as INJ/USDT, INJ/USDC, and INJ/BUSD using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to try it out:
- Connect your wallet Open the ReHold App and connect your web3 wallet. You can choose any web3 wallet that supports BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, and Fantom.
- Choose the Injective (INJ) Dual asset Select the dual that you need: INJ/USDT, INJ/USDC, or INJ/BUSD. You can start a dual investment with each token of the pair.
- Choose a staking period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
- Choose the start token Select the start token and the amount you want to invest. You can use the Injective (INJ) token or USDT, USDC, BUSD of the dual asset.
- Approve the token To start a dual investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
- Start your Dual Click on “Start Now” to create your Injective (INJ) dual and receive your reward after the staking period. That's all! Your Dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual.
Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically start when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.
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