Gm Frens, as we’re gearing up for a major announcement, our systems flagged that some malicious actors and bots have been exploiting the Phaver KYC by Galxe and the Kleoverse Github Passport to unfairly gain levels in the app.

To ensure fairness and to enhance our bot-protection, these two will no longer earn Cred + Points. Since real users are also impacted by the change, we’re compensating by enhancing the value of Anima NFT. Now, each Anima will earn 5 Cred, up from the previous 3.

In order to continue receiving Cred for Anima, please redo the verification every 30 days via the Cred Dashboard. The Verification works both on mobile and desktop.

For further details about Anima, visit our guide: phaver.gitbook.io/phaver-help-center/phaver-points-and-cred-score/anima-proof-of-personhood

Rest assured, bots will not receive Phaver tokens. Thank you for your cooperation frens ❤️

INJECTIVE INJ3.0 👀

INJ 3.0 is coming to Injective to bring the ultimate upgrade to Injective tokenomics, making $INJ the most deflationary asset to date.

The new proposal would directly reduce the supply of INJ at a rapid rate. The gov discussion is now live on the Injective forum

Injective has grown rapidly since its inception, establishing itself as the leading blockchain for finance. The core asset powering Injective and its rapid ecosystem expansion is its native token INJ.

INJ is utilized for a diverse array of functions throughout Injective, such as staking to secure the network and governance. Uniquely, upon the launch of the Injective mainnet, token burn auctions on Injective commenced, decreasing the supply of INJ weekly. The introduction of INJ 2.0 in August of 2023 introduced a more comprehensive token burn auction, enabling any dApp on Injective to contribute to the weekly burn auctions. In turn, this set the stage for larger amounts of INJ to be burned weekly. As of today, nearly 5.9 Million INJ has been burned to date, totaling ~$ 190 Million at the time of writing.

In pursuit of creating the ultimate form of INJ, a new proposal is set to be enacted for INJ 3.0 which would introduce the largest upgrade to Injective’s tokenomics. In essence, this would reduce on-chain parameters for the minting of new INJ, enabling it to become more deflationary than ever before.

more information 👇
gov.injective.network/discussion/17013-inj-30-the-ultimate-injective-tokenomics-upgrade