: : [Report] Complete Guide to InjectiveWritten by @Steve_4P(Full Text)PDF Report - https://t.co/sasTTtmRGT(Summary of Text)1. Why Injective Now?We are aware of how many zombie blockchains exist in the market. A “zombie blockchain” refers to projects that launched their mainnet long ago but haven’t made significant developments since. Many of these blockchains, which began over five years ago with substantial investments, have ceased operations under the guise of “decentralization.”Amidst this landscape, Injective stands out. Despite starting its project quite some time ago, not only has it continued operations, but it has also ramped up development and expansion recently. So, what exactly is Injective developing, and in what direction is it expanding its network? This report focuses on answering those questions.2. How Is Injective Different?Injective boasts both technical and non-technical differentiators. Let’s delve into them one by one.2.1 Technical Differentiator 1: FBA (Frequent Batch Auction)FBA comprises three key features:1. Discrete Time2. Uniform Clearing Price3. Sealed BiddingFirstly, Injective utilizes discrete time, where the time variable (t) holds values only at specific intervals. This allows certain types of orders to be executed first within designated time frames—executed in the order of market orders → limit orders not filled in the auction → the most recent auction’s limit orders.The uniform clearing price ensures that assets are settled at the price point where the highest trading volume occurs.Sealed bidding means that orders are not posted on the order book until the auction executes, preventing transaction frontrunning (thereby mitigating MEV). By combining these three features, Injective processes transactions collectively. This capability, integrated with Tendermint’s instant finality, achieves high scalability.2.2 Plug-and-Play ModulesAnother of Injective’s differentiators is its suite of modules, enabling developers to build applications with ease. A prime example is the Exchange Module. With it, developers can create sophisticated DeFi applications without the need to build matching engines and order books from scratch. The Helix Exchange is a notable application built using this module.The RWA Module has recently garnered significant attention within the Injective ecosystem. While Injective is a decentralized network, this module allows only designated institutions or entities to have on-chain authority to create RWA (Real-World Asset) tokens.Beyond these, Injective offers a variety of other modules. For more detailed information, please refer to the full report.2.3 Altaris UpgradeThe Altaris Upgrade exemplifies Injective’s relentless commitment to enhancing its infrastructure. While Injective continuously evolves its platform, the Altaris Upgrade stands out as the most recent milestone.Through this upgrade, Injective has:1. Enhanced Overall Infrastructure Performance: Improving speed and efficiency across the network.2. Introduced RWA-Specific Oracles: Enhancing the RWA environment by providing reliable data feeds tailored for real-world assets.3. Enhanced Token Economics: Implemented Pool Auction Contracts into the existing token burn model, creating a more robust economic system.(The Altaris Upgrade has brought more than these three improvements. For more information, please visit Injective Labs’ blog for further details.)These advancements showcase Injective’s steady progress toward a more optimized network for finance.3. Tokenomics of InjectiveThere’s growing discourse around high FDV (Fully Diluted Value) and low float tokens. The concern is that tokens with inflated FDVs, without corresponding token unlocks, artificially elevate value, leading to token holders losses. Injective is exempt from such controversies because it no longer has any locked tokens.Moreover, Injective’s token burn model, facilitated through its Auction Module, continually burns existing INJ tokens, rendering Injective a deflationary asset.As illustrated in the graph above, the burn volume of Injective is consistently increasing. This characteristic sets Injective apart when compared to other Layer 1 (L1) tokens.4. Injective: The Indefatigable PowerhouseWhile Injective possesses numerous strengths, its “persistence” and “consistency” are particularly noteworthy. Among Layer 1 networks with similar timelines, how many have persistently advanced their infrastructure, developed a diverse array of applications, and continually strived to realize the vision of a “blockchain for finance” like Injective has?Given market tendencies, focusing on short-term hype can be appealing. However, it might be prudent to also pay attention to projects like Injective that diligently work towards actualizing their long-term vision.---You can see the full version of "Complete Guide to Injective" in the link below:https://t.co/sasTTtmRGTRelated People, Projects :@injective@TheMirza_@hydro_fi@HelixApp_@albertchon@ericinjective@leap_cosmos@keplrwallet@ninjiwallet@ProtocolTalis@Neptune_Stable@Dojo_Swap@MountainUSDM• Follow @FourPillarsFP for future articles• Sign Up website(https://t.co/z1DnxV6tR6) to access in-depth reports and newsletter• Join the telegram(https://t.co/fjgKxb79kI) to receive article updates
