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The Injective Ecosystem Passes Proposal to Support Terra Developers

The Injective Ecosystem Passes Proposal to Support Terra Developers

May 18, 20225 min

Injective, a blockchain optimized for building decentralized finance (DeFi) applications, has passed a major proposal to launch developer-focused incentives in light of the recent Terra downfall. Injective is the first fully decentralized blockchain optimized for building dApps focused on exchanges, derivatives, prediction markets, and options. Injective uniquely brings Ethereum compatibility to the Cosmos IBC universe, allowing Terra developers to quickly create applications with familiar tooling, but with much farther reach for users. The proposal was created on...

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