The month of February was very productive for the Injective Protocol, with several advances and news, covering since the launch of Equinox Staking and the announcement of the rules to boost staking rewards, through the annoucement of genesis validators for the Injective network, until the conclusion of several important partnerships. Here is a brief summary with some highlights of the partnerships made this month.
February 1st: Conflux — Cross-Chain Derivatives Trading
The main objective of this collaboration with Conflux. is to create new derivative products using the native Conflux token, as well as assets built on top of Conflux. The Injective Protocol will be the first derivative exchange to work with the Conflux network. For these tasks, the Injective DAO will be the mechanism to be used to create these new derivative products.
Feburary 4th: Ocean Protocol — Datatokens Launch
Collaboration with the Ocean Protocol will provide the launch of tokenized data futures. Users of the Injective Protocol will be able to trade data assets with leverage, as well as create and access decentralized derivatives for datatokens, such as the creation of new indexes and data tracking markets.
February 5th: Covalent — On-Chain Data Analytics
The partnership with Covalent will allow access to real-time and historical blockchain data through the Covalent API. In addition, Injective will be able to create new derivative products based on the native Covalent token.
Data feeds, such as those provided by the Covalent APIs, are an important component in building a robust derived DEX.
February 7th — Huobi ECO — Cross-Chain Trading
The collaboration with Huobi ECO will allow traders to transfer funds between Heco and the Injective Chain, enabling the creation of new derivative products. Through Injective DAO, new derivative products that use Heco assets will be created, making Injective the first project to introduce decentralized derivatives trading into the Heco ecosystem.
February 11th — Marlin — Unmatched Trading Speeds
The partnership with Marlin Protocol, will provide high speed for Injective Chain in an easy way, since the Marlin’s SDK is a plug-and-play network alternative to increase the througput of all blockchains with minimal protocol changes. High frequency trading (HFT) in DeFi will be achieved with this partnership, as Marlin can help the Injective trader with a low latency channel to communicate with the exchange nodes, making it possible to place or review orders in a matter of milliseconds. Finally, this collaboration will allow Injective to create derivative products using Marlin’s native token (POND).
February 18th- Avalanche — Interoperable Derivative Products
The integration with Avalanche, scheduled to be completed in Q2, will create a bidirectional transfer zone between the Injective Cahin and Avalanche, across the Avalanche-Ethereum Bridge. This collaboration will allow Injective to create AVAX and other products derived from Avalanche’s native assets.
Other innovative products, to be launched in the Avalanche network, such as the Initial Litigation Offerings (ILOs), will also expand the offer of DeFi products in the Injective ecosystem.
About Injective Protocol
Injective Protocol is the first layer-2 decentralized exchange protocol that unlocks the full potential of decentralized derivatives and borderless DeFi. Injective Protocol enables fully decentralized trading without any restrictions, allowing individuals to trade on any derivative market of their choosing. Injective Protocol is backed by a prominent group of stakeholders including Pantera Capital, one of the most renowned venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
Website | Telegram | Discord| Blog | Twitter | Learn | Youtube | Facebook | LinkedIn | Reddit | Instagram | TikTok | Weibo
