Welcome to Injective's February Monthly Newsletter!
We accomplished many milestones in February and are grateful to the global community for their continued support of Injective.
First of all, as the final stage of the testnet before the mainnet release, we successfully released Equinox Staking and introduced world-class genesis verification nodes to join Equinox Staking. In addition, we have cooperated with the world's leading DeFi projects and held a number of roundtable discussions with top DeFi projects.
Below you can find out how far Injective has come in the past month, and where it's headed next.
february news
Successfully launched the final Injective testnet phaseEquinox Staking, and introduced a complete Staking reward mechanism, and released an exclusive Staking calculator and application list;
Introduced the world's leading verification nodes, includingand、StakewithusandChorus；
as well asHeco、Avalanche、Ocean Protocol、Conflux、Covalentas well asMarlin Protocolreached a new cooperation;
Attended Binance's Blockchain Week, discussed the possibilities of DeFi with AllianceBlock, UniLend, Covalent, and Ramp DeFi, and co-hosted the first Reddit AMA with Kava;
Continue to launch new educational blogs on Injective Learn to prepare the community for staking, and also start experimenting with video columns about Injective.
1. Final stage of Injective testnet: Equinox Staking
As the final version of the test network before the main network release,Equinox StakingThe launch of , marks the most important release to date.
This milestone event will give users early access to Injective's staking functionality, while also being rewarded for participating in testing the performance of the protocol itself. Under the unique design of Injective, users can not only carry out Staking, but also participate in various forms of governance, propose and launch a new trading market.
As the first step after Equinox goes live, we are introducing the largest validator nodes in the cryptocurrency spaceEquinox Staking. This will help us better decentralize the Injective network, while also helping to test the security parameters of the protocol itself.
bonus systembonus system. This mechanism includes a base APY and an APY booster, which will help motivate our community members and delegators to participate in the staking process.
At the end of February, the Staking interface and application list were launched, allowing users to gain priority access to Equinox when it was officially released in March.
You can access Equinox Staking via the link below:
https://staking.injective.network/
2. Introduce the world's leading verification nodes into Equinox Staking
Leading validators from around the world asGenesis ValidatorOfficially joined the Equinox Staking testnet. Previously, these validators have participated in the staking of billions of dollars in assets of top projects such as Cosmos, Band Protocol, Elrond, Polkadot, Terra, Solana, etc.
Genesis validators will play an integral role as we continue to test the parameters of the network prior to mainnet launch, such as reward distribution and network security.
Below, we list some important validators.
Huobi Mining Pool belongs to Huobi Global - one of the world's leading cryptocurrency exchanges, with a daily trading volume of tens of billions of dollars. Previously, Huobi only provided verification services for industry-leading projects such as Aave and Polkadot. The choice of Injective this time also expressed important support for our project.
Stakewith.us, a validator backed by the Singapore government, provides secure yield solutions for crypto-asset investors, and we are honored to partner with them in building a robust decentralized derivatives trading platform.
The addition of Chorus One, one of the largest validators in Europe, furthers Injective's mission of truly decentralized development. We will be working closely with Chorus One to enhance our staking capabilities and test Injective's security features.
3. Partners
as well asAvalanche、Huobi Eco Chain、Ocean Protocol、Conflux、Covalentas well asMarlin ProtocolSignificant collaborations have been made that will help us further expand Injective's ecological network.
We will integrate with Avalanche to create interoperable derivatives. At the same time, Injective will integrate with the newly released Avalanche-Ethereum Bridge (AEB) to create a bidirectional transfer zone between the Injective chain and Avalanche. Through this integration, Injective will launch derivatives utilizing Avalanche's native token (AVAX), as well as other Avalanche assets. Injective will also explore the creation of entirely new derivatives, such as those associated with Initial Litigation Offerings (ILOs), which will greatly help expand the reach of DeFi and derivatives globally.
Injective Native Interface of Huobi Eco-Chain
Injective is integrating with Heco to accelerate the application of cross-chain derivatives. The partnership will allow traders to seamlessly bridge Heco assets onto Injective, enabling the creation of new derivatives. Additionally, Injective is the first project to introduce decentralized derivatives trading into the Heco ecosystem.
We partnered with Ocean Protocol to create innovative data derivatives. Going forward, this will enable our users to create and trade new derivatives markets utilizing data products deployed on Ocean.
We have reached a cooperation with Conflux to expand the field of cross-chain derivatives trading. The collaboration will primarily focus on bridging assets deployed on Conflux to the Injective trading platform to help create and trade new derivatives. The project is directed by Turing Award winner Dr. Yao and supported by Sequoia China and Baidu Ventures.
We have partnered with Marlin Protocol to enable truly unparalleled transaction speeds on the derivatives DEX. Marlin is currently the only layer-0 protocol that allows blockchain-based networks to achieve higher scalability and throughput. The team also belongs to the investment territory of Binance Labs and is supported by leading venture capital firms such as Electric Capital.
We will leverage Covalent's enterprise-level API to further help users access real-time and accurate on-chain data. These data will not only provide value to the DeFi field, but also enable traders to export a complete history of transaction data to evaluate the performance of traders.
4. Host online forums with core players in the DeFi field
In February, we hosted a number of virtual events and roundtable discussions.
Video link:
Video link:
https://twitter.com/i/broadcasts/1ZkKzenpopoxv
Video link:
Video link:
https://www.youtube.com/watch?v=kouwSRZanxU&feature=emb_title
Video link:
Video link:
https://www.youtube.com/watch?v=-6UWRz5CuvQ&feature=youtu.be
Video link:
Video link:
https://www.youtube.com/watch?v=YkoBIpGCrVU&t=1s
Live Streaming on DeFi and Staking: TomoChain, Ramp DeFi and Injective Protocol
Live video:
https://www.youtube.com/watch?v=1XfgZIMpA_8&t=4s
Other community events include our first Reddit AMA with Kava on DeFi, Cosmos and IBC
AMA link:
https://www.reddit.com/r/injective/comments/lm70dx/injective_reddit_ama_with_kava/
5. Injective Learn education platform
Future plan
Injective Learn:
https://blog.injectiveprotocol.com/learn/
Future plan
The Solstice testnet can enter the third phase so quickly, which is inseparable from the firm support of global community members. We will continue to bring more feature updates to users in March, moving towards the release of Equinox Staking while continuing to expand Injective's global reach.
Injective Protocol is the world's first Layer-2 derivatives DEX, which supports users to trade any type of derivatives, unleashing the full potential of borderless decentralized finance. Injective has received support from many institutions, including Pantera Capital, one of the world's top cryptocurrency venture capital firms, and Binance, a leading cryptocurrency exchange.
Injective Protocol is the world's first Layer-2 derivatives DEX, which supports users to trade any type of derivatives, unleashing the full potential of borderless decentralized finance. Injective has received support from many institutions, including Pantera Capital, one of the world's top cryptocurrency venture capital firms, and Binance, a leading cryptocurrency exchange.
