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Injective is inflationary with burning mechanism put in place to offset the inflation
as for tokenomics you can refer to this
Inj is a custom build blockchain that is tendermint based with smart contracts possibility thanks to cosmwasm.
It is custom build to support the creation of various trading instruments and decentralized exchange infrastructure. You do can spot, perp and do binary trade that was recently introduced in the chain update.
Anyone can create his own exchange on top of inj chain and take from a shared liquidity a.k.a access the on chain order book.
Inj is also governance token that is required in order to introduce changes to the chain or add new trading pairs and instruments.
Inj is required for every transaction on the chain as gas.
Inj is also burned with 60 percent of the trading fees going towards burning.
Innovative dapps can be build on top of it thanks to smart contract possibility.
